Resolution Authorizing and Registering the Closed-End Real Estate Recovery and Repositioning Asset Development Fund I

The Superintendence of the Securities Market approves the autonomous estate of the Closed-End Real Estate Recovery and Repositioning Asset Development Fund I, managed by Administradora de Fondos de Inversión Universal, S.A., authorizing a maximum nominal issuance of DOP 15,000,000,000.00 for up to 1,500,000 shares with a ten-year maturity. The fund is restricted to professional investors and must invest at least 60% of its portfolio in unlisted Dominican capital and debt securities, trusts, and real estate recovery entities, with up to 40% allowed in public fixed and variable income, excluding financial, real estate, and real options sectors. The administrator is mandated to disclose all risks, maintain separate accounting, and complete registration payment within ten business days of notification, failing which the authorization becomes void.

SIMV published 9 documents in the last 30 days — get each new one by email the day it lands.

SC-07-15-06 Edition 1 Page 1 of 8
FIRST RESOLUTION OF THE SUPERINTENDENCE OF THE SECURITIES MARKET DATED ELEVEN (11) SEPTEMBER TWO THOUSAND TWENTY-SIX (2026) R-SIMV-2026-36-FI Subject: Authorization and registration in the Securities Market Register of the “Closed-End Real Estate Recovery and Repositioning Asset Development Fund I” to be administered by Administradora de Fondos de Inversión Universal, S.A.

Viewed: The Constitution of the Dominican Republic, proclaimed on twenty-seven (27) October two thousand twenty-four (2024).

Read the rest free, and get an email when SIMV publishes again

Email me when SIMV publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Superintendencia del Mercado de Valores (Dominican Republic) — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works