Altvesto Securitization Fund in Luxembourg sets up a sub-fund (compartment) dedicated to the real estate asset (A). The sub-fund owns a local operational SPV (B) with the purpose of holding the asset. (C)






Both the SPV shares and the asset are safeguarded by an external trustee or custodian to prevent using the asset as collateral for a loan or sale of the asset. (D) Safeguarding rules are defined in the set of contracts between investors and Altvesto management. (E) As a result, investing in the asset under the scheme means the ownership cannot be affected by any managerial decision by Altvesto.
The fund issues securities (F) representing shares in the underlying asset and income generated by the asset (G), that is distributed among investors (H). The fund distributes dividends to securities owners on a quarterly basis. (I)
The securities are listed on a traditional stock exchange (J) for better visibility and to provide investors with additional transparency. An OTC secondary market is launched on the Altvesto DLT platform (K) to allow investors to buy and sell securities (L). Once the investor subscribes or redeems on the Altvesto platform, the changes become visible on the stock exchange (M), (N).
The securitization fund is currently in the process of incorporation
Ownership structure
Altvesto Securitization Fund in Luxembourg sets up a sub-fund (compartment) dedicated to the real estate asset (A). The sub-fund owns a local operational SPV (B) with the purpose of holding the asset. (C)
Security for investors
Both the SPV shares and the asset are safeguarded by an external trustee or custodian to prevent using the asset as collateral for a loan or sale of the asset (D). Safeguarding rules are defined in the set of contracts between investors and Altvesto management. (E) As a result, investing in the asset under the scheme means the ownership cannot be affected by any managerial decision by Altvesto.
Securities issuance
The fund issues securities (F) representing shares in the underlying asset and income generated by the asset (G), that is distributed among investors (H). The fund distributes dividends to securities owners on a quarterly basis. (I)
Secondary market
The securities are listed on a traditional stock exchange (J) for better visibility and to provide investors with additional transparency. An OTC secondary market is launched on the Altvesto DLT platform (K) to allow investors to buy and sell securities (L). Once the investor subscribes or redeems on the Altvesto platform, the changes become visible on the stock exchange (M), (N).
The securitization fund is currently in the process of incorporation
FRACTIONALIZED OWNERSHIP
SECURITY
ACCESS TO BEST PROJECTS
EXIT STRATEGY

Preparation
1ST MONTH
- Basic assessment of the asset
- Teaser preparation
- First discussions with investors
- Reaching soft commitments with investors
- Signing LOI with a project owner
Preparation
2ND-3RD MONTH
- Conducting an external audit and due diligence
- Preparation of an Investment Memorandum and business plan
- Fundraising campaign and roadshow
- Reaching strong commitments with investors
Execution
4TH AND 5TH MONTH
- Signing a preliminary property purchase agreement with a project owner
- Signing a preliminary property purchase agreement with a project owner
- Arrangements: custodian, auditor, administrator, asset management company, etc.
- Preparing a token specification
- Setting up a sub-fund dedicated to the asset
- Investor onboarding
- Token issuance
Closing
6TH MONTH
- Money collection (through custodian)
- Final purchase agreement and ownership transfer from the previous owner to the fund
- Securities distribution among investors
- Marketplace for real estate investments
On the platform, qualified investors get access to high-quality deal flow of investment opportunities - Primary market for securities
The platform allows qualified investors to purchase securities via an online interface - Digital shares issuance engine
This makes it possible to specify and launch any type of digital securities in full compliance with EU legislation - 24/7 secondary market
The platform allows for instant buying and selling of securities 24/7, without a broker

Ivan Aleksandrov

Dmitry Kozelkin

Adam Major-Machnacki

Ivan Aleksandrov

Dmitry Kozelkin
