In the investment funds panorama, the Specialized Investment Fund (“SIF”) has the unique features that allows (i) high flexibility on the investor’s subscription/redemption mechanism, (ii) no limitation in terms of the asset classes targeted and (iii) benefit of full tax transparency.  SIF is only available to professional investors.

The targeted strategies that the Bank is exploring relate to:

Real Estate (more details in next slide)

Loans and credits

M&A and Private Equity

Aviation business