Firminy Equity Fund is a securitization fund and part of Icon Capital Sarl, which is a limited liability company. The country of Luxembourg, where the company resides, granted authority to these types of funds in 2004. The law states that companies such as Icon Capital Sarl must divide their funds into two categories: mono or dual funds. Its main securitization fund is the Firminy Equity Fund.
This fund is a mono-formatted fund that features an umbrella structure. When securitization occurs, investors transfer debt obligations into securities to minimize the overall risk. Large corporations and groups of investors may opt for a larger fund, and that is where the Firminy Equity Fund comes in. This fund represents bonds, certificates, and stocks. Another benefit is that the fund does not require approval from the Commission de Surveillance du Secteur Financier (CSSF).
Founded in 2008, Icon Capital Sarl is a financial company that works directly with individuals or businesses and focuses its work on securitization funds. To reassure its clients that their money is secure, the business has numerous custodian banks that ensure the integrity and security of the funds.
This fund is a mono-formatted fund that features an umbrella structure. When securitization occurs, investors transfer debt obligations into securities to minimize the overall risk. Large corporations and groups of investors may opt for a larger fund, and that is where the Firminy Equity Fund comes in. This fund represents bonds, certificates, and stocks. Another benefit is that the fund does not require approval from the Commission de Surveillance du Secteur Financier (CSSF).
Founded in 2008, Icon Capital Sarl is a financial company that works directly with individuals or businesses and focuses its work on securitization funds. To reassure its clients that their money is secure, the business has numerous custodian banks that ensure the integrity and security of the funds.