Tagged: spv

December 15, 2022 @ 10:01 am By JD Alois  |  

SPV [Special Purpose Vehicle] platform Assure is calling it quits. Assure aimed to leverage a reduction in cost to creating SPVs by leveraging technology. SPVs are typically utilized for grouping investments in private companies offering a more streamlined legal process in managing the investment. The… Read More

April 15, 2020 @ 3:00 pm By JD Alois  |  

Special Purpose Vehicles or “SPVs” have long been requested by FINRA regulated platforms participating in the Reg CF sector of crowdfunding. Under current rules, SPVs are not allowed to be utilized. This may soon change as the Securities and Exchange Commission (SEC) has proposed enabling… Read More

November 8, 2016 @ 10:19 am By Erin Hobey  |  

 PROSPI, a new shared property investment platform launched by Manchester-based property expert McCafferty Asset Management, seeks  to enable investors with as little as £500 to take a proportionate holding alongside other stakeholders in specific, fully-tenanted residential properties managed by McCafferty’s team of experts. Investors will benefit from predictable… Read More

September 12, 2016 @ 2:49 pm By Amy Wan and Jillian Sidoti  |  

As securities attorneys, we’ve been getting a fair amount of questions lately on special purposes entities (SPEs), also known as special purpose vehicles (SPVs). What are they? What do they do? Should I choose an SPE over an LLC? (That last one is my favorite)…. Read More

April 22, 2016 @ 7:07 pm By JD Alois  |  

  Last week the House Subcommittee on Capital Markets, part of the powerful House Financial Services Committee, debated several important bills that may boost access to capital for SMEs.  One of the bills, the Fix Crowdfunding Act (HR 4855), has the profound potential to turn… Read More

February 25, 2016 @ 4:31 pm By JD Alois  |  

Berlin-based Innovestment has announced the completion of the “First” crowdfunding offer to use a Special Purpose Vehicle (SPV) in Germany. Use of an SPV or similar structure is prevalent in some jurisdictions. Creating a single shareholder entity can drive benefits for the issuing firm.  One… Read More

December 14, 2015 @ 9:30 am By Andrew Stephenson  |  

On May 16, 2016, the Securities and Exchange Commission’s rules implementing Title III of the JOBS Act will come into effect, allowing companies to raise funds under Section 4(a)(6) of the Securities Act. The SEC made some important improvements over the proposed rules that will… Read More

November 15, 2015 @ 1:00 pm By Erin Hobey  |  

  “I think that what OurCrowd and others have done in this space until now has been quite subversive and wonderful and democratic.” OurCrowd, which is run by serial entrepreneur and venture capitalist Jon Medved, has put at least $170 million to work in roughly… Read More

October 20, 2015 @ 12:47 pm By Erin Hobey  |  

Citing the German proverb „Besser auf neuen Wegen etwas stolpern, als in alten Pfaden auf der Stelle zu treten,“ Innovestment has decided to introduce some key changes to its platform.  With a more streamlined corporate philosophy, a new SPV option, a newly standardized investment process and a relaunched… Read More

August 19, 2015 @ 9:00 am By JD Alois  |  

Patch of Land, a  real estate crowdfunding solution has announced all existing and future loans will be directly secured by underlying collateral that provides increased protection for its projects. Patch of Land revealed the steps in this direction earlier this summer in an article written… Read More

June 11, 2015 @ 2:42 pm By Anthony Zeoli  |  

As you may remember, in an earlier post entitled “Investor Protection Issue – Why You May Want To Reconsider How “Secure” You Feel About Your Real Estate Crowdfunding Investment,” I took issue with the fact that the majority, if not all, currently offered Real Estate… Read More

December 11, 2014 @ 5:15 am By Erin Hobey  |  

In November The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe.  This benchmarking… Read More