Specific characteristics

No diversification rules

• Possibility to invest in one single risk asset

Wide variety of asset classes

• Unlisted securities, debt instruments, real estate presenting a specific risk linked to their are or their investment country

Flexible operating procedures

• The promoter does not have to be authorised by the CSSF
• NAV calculation is calculated at least once a year

Attractive tax regime

• Income from risk capital investments are deductible from the taxable income.
• Taxation depends on the legal form opted for (transparent or opaque) 

What is meant by “well-informed” investors?

Well-informed are institutional investors, professional investors and other investors who state in writing that they consider themselves as well-informed investors and have at least €125,000 required to invest in a SICAR.