PERU Ministry of Economy and Finance
SMV
Superintendency of the Market in Securities

"Decade of Equal Opportunities for Women and Men" "Year of the Bicentennial, of the consolidation of our Independence, and of the commemoration of the heroic battles of Junín and Ayacucho"

Superintendent's Resolution No. 086-2024-SMV/02

Lima, 25 June 2024

The Superintendent of the Securities Market

WHEREAS:

File No. 2024009244, as well as Report No. 812-2024-SMV/10.2, issued by the General Superintendency of Entity Supervision, with the favorable endorsement of the Deputy Superintendent of Prudential Supervision;

CONSIDERING:

That, by Conasev Resolution No. 053-2011-EF/94.01.1 of 30 June 2011, the operation of Faro Capital SAFI S.A. as an investment fund management company was authorized;

That, by Superintendent's Resolution No. 032-2017-SMV/02 of 10 May 2017, its operation as a mutual fund management company for investment in securities was authorized, changing its name to Faro Capital Sociedad Administradora de Fondos S.A.

That, by Superintendent's Resolution No. 011-2024-SMV/02 of 02 February 2024, the automatic revocation of the authorization for the operation of Faro Capital Sociedad Administradora de Fondos S.A. as an investment fund management company as of 28 June 2023 was declared, maintaining only its authorization as a mutual fund management company, as it had not complied with maintaining an operating investment fund as set forth in article 21 of the Regulation of Investment Funds and their Management Companies;

That, by documents submitted up to 13 June 2024, Faro Capital Sociedad Administradora de Fondos S.A. requested from the Superintendency of the Securities Market – SMV authorization to operate additionally as an investment fund management company;

That, article 19 of the Regulation of Investment Funds in Securities and their Management Companies, approved by SMV Resolution No. 029-2010-EF/94.01.1 and its amendments, as well as the Single Text of Administrative Procedures of the SMV, set forth the minimum requirements that must be met for a mutual fund management company for investment in securities to obtain authorization to operate as an investment fund management company;

That, in order to verify that Faro Capital Sociedad Administradora de Fondos S.A. has the physical infrastructure, capacity

Electronic document digitally signed within the framework of Law No. 27269, Law of Digital Signatures and Certificates, its Regulation and amendments. The integrity of the document and the authorship of the( s) sign ature( s) can be verified at https://apps.fi rmaperu.gob.pe/web/validador.xhtml

technological and human resources necessary for its operation, the SMV, through the General Superintendency of Entity Supervision and with the participation of representatives of the Deputy Superintendency of Risks, conducted an inspection visit to the facilities of the aforementioned company;

That, from the evaluation of the documentation submitted by Faro Capital Sociedad Administradora de Fondos S.A. and from the aforementioned inspection visit, it was determined that said company complies with the requirements provided for obtaining authorization to operate as an investment fund management company, as set forth in the aforementioned Report No. 812-2024-SMV/10.2; and,

In accordance with the provisions of article 3, numeral 1, of the Single Concorded Text of the Organic Law of the Superintendency of the Securities Market, approved by Decree Law No. 26126 and its amendments, and by article 12, numeral 1, of the Regulation of Organization and Functions of the Superintendency of the Securities Market, approved by Supreme Decree No. 216-2011-EF and its amendments;

RESOLVES:

Article 1.- Authorize the operation of Faro Capital Sociedad Administradora de Fondos S.A., as an investment fund management company.

Article 2.- Order the registration of Faro Capital Sociedad Administradora de Fondos S.A. in the corresponding section of the Public Registry of the Securities Market.

Article 3.- Order the dissemination of this resolution in the Official Gazette El Peruano and on the Portal of the Superintendency of the Securities Market (www.gob.pe/smv).

Article 4.- This resolution shall enter into force on the day following its publication in the Official Gazette El Peruano.

Article 5.- Transcribe this resolution to Faro Capital Sociedad Administradora de Fondos S.A.

Register, communicate and publish.

Zósimo Juan Pichihua Serna
Superintendent of the Securities Market

Electronic document digitally signed within the framework of Law No. 27269, Law of Digital Signatures and Certificates, its Regulation and amendments. The integrity of the document and the authorship of the( s) sign ature( s) can be verified at https://apps.fi rmaperu.gob.pe/web/validador.xhtml

PERU Ministry of Economy and Finance
SMV
Superintendency of the Market of Securities

"Decade of Equal Opportunities for Women and Men" "Year of the Bicentennial, of the consolidation of our Independence, and of the commemoration of the heroic battles of Junín and Ayacucho"

Electronic document di gitally signed within the framework of Law No. 27269, Law of Di gital Signatures and Certificates, its Regulation and amendments. The integrity of the document and the authorship of the( s) si gnature( s) can be verified at https://apps.fi rmaperu.gob.pe/web/validador.xhtml