This proposal opens up the market for EuVECA and EuSEF funds to AIFMD-authorised managers so that they can offer a full range of products to clients from 

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4 EuVECA designation FCA ! Marketing Change Notification for EuVECA and EuSEF Managers! Version 2.0 ! June 2014 9 4. EuVECA designation Complete this section if your notification concerns a EuVECA fund We must be satisfied that the funds you manage will meet all relevant conditions for qualifying as a European venture capital fund (EuVECA).

Bei einem neuen Manager kommt es auf die Planzahlen im (angemessenen) Geschäftsplan an. If a fund manager does not wish to use the EuVECA designation, then it does not have to comply with the Regulation. A Venture Capital fund manager, whether eligible for EuVECA or not, may, in any event, always elect to voluntarily apply the AIFMD and acquire an EU marketing passport via that route. The EuVECA Regulation is a specialist alternative investment fund (AIF) regime available to alternative investment fund managers (AIFMs) under the Alternative Investment Fund Managers Directive (2011/61/EU) (AIFMD).

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It was last in force on 31/12/2020. Please follow this link to see the content that was last in force. If you are having trouble please contact: handbook.feedback@fca.org.uk A EuVECA manager must also file the same annual reporting on its assets under management which a merely registered sub-threshold manager is required to submit. In addition, a EuVECA manager must have sufficient financial as well as technical and personal resources available, must meet certain organizational requirements and must ensure a regular, transparent valuation of the managed assets.

June 2014 9 4. EuVECA designation Complete this section if your notification concerns a EuVECA fund We must be satisfied that the funds you manage will meet all relevant conditions for qualifying as a European venture capital fund (EuVECA).

EuVECA and EuSEF regime As indicated above, even if otherwise eligible for this mode of marketing, Sub-threshold AIFMs cannot avail themselves of the pan-European marketing passport unless they subject themselves fully to all of the requirements of the Directive.

fund. euveca The Luxembourg European Venture Capital Fund (EUVECA) structure can also elect for the EU label for managers of investment funds investing primarily in venture capital.

Also, each manager of an EuVECA labelled fund will in fact qualify on the one hand as a sub-threshold (registered) AIFM and on the other as a registered EuVECA manager. What this means is that when the assets under management exceed the EUR 500 million threshold, the EuVECA manager and the EuVECA funds it manages will have to comply with the higher standards of the AIFM Directive, applicable to fully authorized AIFM.

AIFMs (including EuVECA managers), investment firms (MiFID) and   19 Sep 2017 Such label has the function of a European passport; it allows the manager to market the relevant EuVECA or EuSEF funds in all Member States  The FCA may take action to ensure compliance with the regulations or prohibit the use of the designation of EuSEF manager or EuVECA manager SEF manager  Outward VC Fund LLP is registered as a EuVECA manager under the Alternative Investment Fund Managers Regulation 2013 and the EuVECA regulations  1 Mar 2018 EuVECA managers are allowed to structure open or closed funds. Unlike the ELTIF, no specific requirements exist for redemption rights. EuSEF  The European Venture Capital Fund (“EuVECA”) and European Social Beginning 1 March 2018, the manager of an EuVECA or EuSEF must have a minimum  23 Feb 2021 EU Alternative Investment Fund Managers Directive (AIFMD) marketing passport (other than through the EUSEF and EUVECA programmes),  review of the interaction between the. EuVECA &. EuSEF. Regulation and other rules on collective investment undertakings and their managers. 21 March 2013.

Following the review of the Regulation, the EuVECA marketing passport provides a major potential benefit to both venture capital and private equity managers. Venture capital. EuVECA II continues to allow fund managers with less than €500 million under management (and so below AIFMD minimum threshold) to raise capital from experienced investors freely throughout the EU without having to meet all of the demands of the AIFMD.
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Breega is registered with the French AMF as a EuVECA manager since 2014 and as a portfolio management company (AIFM) under the number GP-18000010  restructuring and on other various legal and regulatory aspects of management companies,. AIFMs (including EuVECA managers), investment firms (MiFID) and   19 Sep 2017 Such label has the function of a European passport; it allows the manager to market the relevant EuVECA or EuSEF funds in all Member States  The FCA may take action to ensure compliance with the regulations or prohibit the use of the designation of EuSEF manager or EuVECA manager SEF manager  Outward VC Fund LLP is registered as a EuVECA manager under the Alternative Investment Fund Managers Regulation 2013 and the EuVECA regulations  1 Mar 2018 EuVECA managers are allowed to structure open or closed funds. Unlike the ELTIF, no specific requirements exist for redemption rights.

European Commission European Commission to commence review of the interaction between the EuVECA & EuSEF Regulation and other rules on collective investment undertakings and their managers.
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The European Venture Capital Fund Regulation (EuVECA) is a voluntary regime and introduces a marketing passport regime for venture capital fund managers. This enables UK fund managers that fall below the threshold at which AIFMD would apply to them (€500 million assets under management, A EuVECA manager must also file the same annual reporting on its assets under management which a merely registered sub-threshold manager is required to submit. In addition, a EuVECA manager must have sufficient financial as well as technical and personal resources available, must meet certain organizational requirements and must ensure a regular, transparent valuation of the managed assets.


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Guidance on applications for EuVECA managers. Regulation (EU) No. 345/2013 of the European Parliament and of the Council of 17 April 2013 on European venture capital funds, (“the EuVECA Regulation”), applies to managers of qualifying venture capital funds that wish to use the designation “EuVECA” and meet the following conditions:

Star Tech Ventures  J3A PARTNERS AM is labelled EuVECA Manager by the European Securities and We are Digital Technology Entrepreneurs before being Funds Managers. Mar 26, 2021 Download : Fiche EuVECA EuSEF Tokonwmore 20210226(PDF, 110 Ko) The two documents only apply to managers of collective investment  17; - Speedinvest III EuVECA GmbH & Co KG; 13.8.2019. Manager of EuVECA: Speedinvest GmbH. Prater Straße 1/3.OG, 1020 Vienna, Austria. Competent  their duties in relation to the cross-border activities of. AIFMs, EuVECA managers, EuSEF managers and UCITS management companies, or, where applicable,  passports by, for example, allowing larger fund managers to establish and market .