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English

CySEC Withdrawals AIF Authorisation of Eurasian Ambassador Fund (Cyprus) AIF V.C.I.C. Limited

Source: Fanny

The Cyprus Securities and Exchange Commission (CySEC) announces that, at its meeting of 11th July 2022, has decided, pursuant to article 64(1)(c) of the Alternative Investment Funds Law of 2018 ('the Law'), to withdraw the authorisation of the AIF 'Eurasian Ambassador Fund (Cyprus) AIF V.C.I.C. Limited' as the minimum assets were not raised within the extended timeframe, which was granted pursuant to article 14(1)(b) of the Law.

Further to the above, the AIF, is put into liquidation and dissolution in accordance with the provisions of article 63(1) of the Law.

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