Tanoira Cassagne advises in the organization of the first Closed-end Agricultural Fund Allaria Adblick Granos
Tanoira Cassagne Abogados advised Adblick Granos S.A as Investment Advisor, Allaria Ledesma Fondos Administrados Sociedad Gerente de Fondos Comunes de Inversión S.A. as Manager and Banco Comafi S.A. as Custodian, on the constitution of the Fondo Común de Inversión Cerrado Agropecuario (the Closed-end Agricultural Fund) “Allaria Adblick Granos Fondo Común De Inversión Cerrado Agropecuario” (the “Fund”) approved by the Comisión Nacional de Valores (the Argentine Securities and Exchange Commission, “CNV”).
The Fund’s maximum aggregate principal amount to be issued will be of US$ 100,000,000 (or its equivalent amount in other currencies).
The Fund’s duration is of 6 (six) years from the date of the issuance of the Fund’s shares. That term might be extended by the decision of the shareholders. The currency of the Fund is United States Dollar.
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