How it works
Rencell fund II is suitable for investments into any industry
You can be in business in two weeks!
Full turnkey solution:
- We meet and clarify your investment mandate and strategy.
- We allocate a Rencell Account Executive to assist in getting you up and running.
- We sign the Service Level Agreement.
- We allocate you a share class, ring fenced to your investment mandate.
- You appoint a share class manager to manage your share class.
- We do all documentation in-house - necessary for compliance and governance.
- We will assist you with your prospectus/private placement memorandum if required.
- You then go and raise capital from your investors.
- You report to your investors on a quarterly basis.
- You deploy the capital raised and manage your investments.
- Deliver returns to shareholders.
- Audited annual financial statements are sent to all shareholders within 4 months of year end.
YOUR MONTHLY SERVICES INCLUDES:
- Conceptualising and setting up the optimum structure.
- Getting the appropriate legal agreements in place.
- Registration with the FSCA.
- Key Individual for the fund.
- FSCA-approved Compliance Officer.
- Maintaining the books of account of the fund.
- Company secretary and auditor liaison.
- R5 million of PI and D&O cover for the fund.
- Reporting to shareholders annually via AGM and Audited Annual Financial Statements.
- Mandate and application form.
- Management agreement between your ManCo and the fund.
