Dechert Advises on Establishment of Investment Company Optinova InvestmentAG and Implementation of Two Subfunds
December 20, 2012
Dechert News Release
Dechert LLP’s Frankfurt-based financial services team, led by Dr. Carsten Fischer, advised on the establishment of a German SICAV, the investment company “Optinova Investmentaktiengesellschaft” (Optinova InvestmentAG). Along with the establishment of Optinova InvestmentAG as a fund platform, the first two subfunds, “Global Value Equities” and “Opportunities," have been implemented.
The self-managed Optinova InvestmentAG focuses on the development, administration and distribution of innovative as well as conservative investment fund products. The two subfunds are designed for investors ranging from private clients to institutional investors, including family offices, foundations and pension funds.
The subfunds are invested with a total amount of € 30 million and strive for a significant appreciation. Universal-Investment-Gesellschaft mbH renders parts of the fund administration, and State Street Bank GmbH acts as the custodian for the subfunds.
Dr. Carsten Fischer was assisted by associates Dr. Till Friedrich and Daniel Schäfer.
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