Financial Services category powered by

First Century alternative investment fund dissolved and put into liquidation

The alternative investment fund First Century AIF V.C.I.C Ltd has been dissolved and put into liquidation, according to the Cyprus Securities and Exchange Commission (CySEC).

It said the AIF, with Licence Number AIF07/2014, has been dissolved and put into liquidation as a result of the total redemption of its units, in accordance with article 63(1)(d) of the Alternative Investment Funds Law of 2018.

“The AIF’s dissolution was communicated to CySEC, as per article 63(8) of the Law, by its external manager, the company GMM GLOBAL MONEY MANAGERS AIFM LTD,” it added, noting the AIF was put into voluntary liquidation.

Read More

Bank lending accelerates while deposits decline in March, Central Bank says
Popi Hadjioannou Demetriou appointed Chief Retail Banking Officer of Alpha Bank Cyprus
Eurobank says takeover bid completed with final 97.99% stake in Hellenic Bank
Revolut reports €1.3b profit in 2024
KEDIPES net cash inflow at €114.3m in Q4 2024
AstroBank announces €41.8m profit in Group Financial Results for 2024
CNP officially in the hands of Hellenic Bank for €182m
Hellenic Bank voluntarily adopts Corporate Sustainability Reporting Directive
Bank of Cyprus’ €29.5m acquisition of Ethniki Insurance (Cyprus) is taking shape
Eurobank comes close, but doesn’t fully acquire 100% of Hellenic Bank as expected