The Securities Commission plans to issue the rules for FIPs, or investment funds in participation, as the rules on the operation of investment funds in Brazil, of 2022.
The goal, which is in CVM 2025 regulatory agendawas remembered on Wednesday (25), during speech by João Pedro Nascimento, president of the municipality, in Anbima Summit, an event organized by the Brazilian Association of Financial and Capital Markets entities.
Without giving more details, Nascimento stated that the plan is linked to the major objective of CVM, which is “bringing the small and medium company to the capital market”.
A FIP is a fund that aims to invest in companies, which can be open or closed. That is, to receive resources from these funds, the organization does not necessarily have to have already done its IPO (Public Offer of Actions) in the stock exchange.
When they invest in closed capital companies, FIPs are also called private equity. This type of background invests in business with good development potential that are in a time of expansion (such as startups, for example) or restructuring of activities.
Regarding the format, this type of background is structured as a gated community. This means that investors can only rescue their participation in the pre-established salary or whether an assembly of shareholders deliberates for its liquidation.
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