TCA acts in new issue of Adblick’s quota shares
Tanoira Cassagne Abogados has acted as legal counsel in the issuance of the third tranche of ‘ADBLICK GANADERÍA FONDO COMÚN DE INVERSIÓN CERRADO AGROPECUARIO’, a closed-end mutual fund, for the amount of $570.749.985.
The Quota Shares were successfully placed on 26 July 2024 and have been authorised for listing on the Argentine Stock Exchanges and Markets.
Supervielle Asset Management acted as managing company, Banco Comafi as depositary, ADblick Granos as investment advisor and Zofingen Securities as underwriter.
The Fund was duly established with the sole purpose of granting profitability to the unit holders through investment in: (i) equity rights represented or not by securities, with or without public offering of companies and/or vehicles, which may qualify as Pymes CNV in accordance with the provisions of the CNV Rules, dedicated to livestock exploitation – bovine cattle – including those in which ADBlick Granos and its controlling and controlled companies, (ii) publicly and non-publicly traded bonds, secured or unsecured, issued by companies, which may qualify as CNV SMEs in accordance with the provisions of the CNV Rules, engaged in the cattle business, including ADBlick Granos and its controlling and controlled companies.
In addition, the Fund provides for a single class of Condominium Quota Shares. Each Quota-Participant is entitled to one (1) vote, to participate in the distribution of profits as may be decided by the Manager in accordance with the Regulations and to participate in any remainder that may exist at the time of liquidation of the Fund.
TCA’s team was composed of partner Alexia Rosenthal (pictured) and associates Ignacio Nantes and Mariana Troncoso and Ana Lucía Miranda.
