NAVES RECEIVES THE GREEN AND BLUE GROWTH FUND APPROVAL BY THE PORTUGUESE SECURITIES MARKET COMMISSION (CMVM)
On November 16 2016, NAVES Green & Blue Growth Fund was approved by the CMVM; this is a thematic fund for investment in projects in the agriculture, agroindustry, forest, natural resources and sea economy sectors. This fund fills a market gap in terms of private financing and venture capital funds supporting these sectors in a context of growing quality and business opportunities in these areas in Portugal.
NAVES considers having a unique value proposition for the success of this vehicle, due to its close connection with AESE. The company is well positioned to identify and subsequently come to monitoring the management of the best projects, through the Alumni network, and the teams created for the Fund’s Investment Committee and Advisory Board.
The Fund is currently open to investors, and NAVES is inviting interested parties to come to us for more information on possible investments.
In parallel with the Fund’s launching, NAVES began, in a structured and focused way, to select shares to divest interests in its portfolio. As a corollary of a development process accompanied and participated by NAVES, the maturity reached by projects such as IT Sports allows the preparation of the divestment process and the future development of this promising project.