Venture capital fund BBVA Capital Privado F.C.R, managed by BBVA Gestiуn, will start trading as of 27 June on the Mercado Alternativo Bursatil (MAB).
Its listing will thus mark the start of operations on this segment for venture capital firms, following its approval by the Board of MAB.
Investors will be able to buy units in the fund at a minimum of 10, which will allow retail investors to diversify their investments and build a presence in the venture capital segment.
The listing of private equity funds and companies on an organised market allows these firms to benefit from greater liquidity and transparency and helps to popularise this new asset class; it also facilitates the incorporation of these assets into the portfolios of both retail and institutional investors.
MAB’s market model for securities issued by private equity entities will be based on a price fixing facility which will match supply and demand during an auction period or “fixing.”