The objective of Fund III is to achieve target returns close to 20% p.a. (net of fees) for its investors, through investments in various subclasses of Distressed assets. Among the main asset classes eligible for acquisition are: Corporate NPLs (non-performing loans), Corporate Single Names, Legal Claims, and distressed Real Estate, as well as any other alternative investment opportunities.
Professional investors¹.
The resources may be allocated in: distressed assets, including portfolios and single-name defaulted credits, distressed real estate assets, legal claims, receivables, court-ordered debts (precatórios), and pre-court-ordered debts (pré-precatórios), as described in the Fund’s regulation.
CSHG Jive Distressed Allocation III FIC FIM CP
35.819.274/0001-91
Jive Investments Gestão de Recursos e Consultoria S.A.
MAF Dist. de Tít. e VM S.A.
MAF Dist. de Tít. e VM S.A.
MAF Dist. de Tít. e VM S.A.
6 years, counted from the date of the Fund's first subscription, extendable for up to two periods of 1 (one) year each
FIC FIM
Level 1 as "Multi-asset", Level 2 as 9/49 "Allocation", and Level 3 as "Dynamic"
R$ 250,000
09/2020
20% p.a. (net for the investor)
Closed-end fund
n/a
n/a
n/a
2% per year on the Net Asset Value (NAV)
20% of the return exceeding 100% of the CDI
R$ 3.5bi
See the updated fact sheet in the report
1. CVM Resolution No. 30/2021 defines qualified investors as: (i) professional investors, as defined by the same Resolution; (ii) individuals or legal entities with financial investments exceeding R$ 1 million who also certify in writing their status as a qualified investor through a specific term, in accordance with Annex B of this Resolution; (iii) individuals who have passed technical qualification exams or hold certifications approved by the CVM as requirements for the registration of independent investment agents, portfolio managers, securities analysts, and securities consultants, regarding their own resources; and (iv) investment clubs, provided that their portfolio is managed by one or more members who are qualified investors.
1. Content prepared by Jive Investments Gestão de Recursos e Consultoria S.A., along with its affiliated entities (collectively “JiveMauá”), is for informational purposes only and should not be construed as securities analysis, promotional material, a solicitation to buy or sell, a proposal, offer, or recommendation of any financial asset or investment, or as a suggestion for allocation or adoption of an investment strategy by the recipients.
2. Investors are advised to carefully read fact sheets, prospectuses, and/or regulations before allocating their resources. It is the investor’s responsibility to be informed of potential risks prior to making investment decisions.
3. Past performance does not guarantee future returns, and investment funds are not guaranteed by the administrator, custodian, coordinators, manager, related parties, any insurance mechanism, or the Credit Guarantee Fund (FGC). Total loss of net equity and, consequently, the invested capital may occur.
Past performance does not guarantee future returns, and investment funds are not guaranteed by the administering institution, the manager, any insurance mechanism, or by the Credit Guarantee Fund (FGC).
