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.

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