CySEC withdraws license of AIF Deltamax Fund Variable Capital Investment Company Ltd

The Cyprus Securities and Exchange Commission (CySEC) has announced that, on its meeting of 04 June 2018, has decided, pursuant to section 9(6) of the Alternative Investment Funds Law (AIF Law), to withdraw the authorisation of two (2) investment compartments of the AIF Deltamax Fund Variable Capital Investment Company Limited, namely –

  1. Deltamax European Property Fund and
  2. Deltamax Value Fund,

as the AIF Deltamax Fund Variable Capital Investment Company Limited has expressly renounced their authorisation, per section 61(1)(a) of the AIF Law.

The official announcement can be seen here.

Read Also: