Culross Tech Lending Fund
Culross Tech Lending Fund is a sub-fund of Culross Funds S.A., SICAV-RAIF, a société anonyme incorporated under the laws of the Grand Duchy of Luxembourg as a société d’investissement à capital variable – fonds d’investissement alternatif réservé. The Company is subject to the law of 23 July 2016 relating to reserved alternative investment funds, as amended or supplemented from time to time. Culross Funds S.A., SICAV-RAIF, the Company, is an Alternative Investment Fund within the meaning of the AIFM Law and 2013 Law.
CTLF is a unique Luxembourg domiciled private credit investment fund making loans in the US to late stage VC backed private businesses in the innovation economy. Through a unique relationship CTLF has gained access to the specialist loan origination flow at the world's most successful venture debt lender, Silicon Valley Bank. Under the guidance of its appointed manager it can independently select and manage its portfolio of loans and warrants.
CTLF holds a portfolio of 15-17 loans to mid and large VC backed tech companies. All loans are floating rate typically with monthly interest payments and coupon rates of 10% plus arrangement and re-payment fees. The loans are collateralised by the borrower’s IP and come with nil-cost 10 year warrants convertible into the equity of the borrower which adds significant equity upside. The target investment return is 13-15% p.a. net over the life of the programme.
Culross Tech Lending Fund
Culross Global Investment Management Limited - Legal Disclaimer
The funds section of the Culross Global website is intended for professional investors* and advisors only. It is not intended for use by members of the general public.
The information on this website is issued and approved by Culross Global Investment Management Limited, which is authorised and regulated by the Malta Financial Services Authority.
Important regulatory information & risk warnings
You must read this before proceeding, as it explains both the legal and regulatory restrictions which apply to the information contained and investment products referred to within this section of the website.
This website is for information purposes only, and should not be considered as an offer or solicitation to buy the products mentioned. Past performance is not necessarily indicative of future results. The value of an investment may go down as well as up and investors may not get back the amount originally invested. This website is not intended to provide any tax or investment advice, and nothing on this website should be construed as a recommendation, by us or any third party, to acquire or dispose of any investment, or to engage in any investment strategy or transaction. Any subscription to a Fund is based on the terms in the relevant Offering Memorandum, which should be consulted before an investment decision is made. Local laws may have an impact on your investments. Investors should consult their attorney or tax adviser as to their legal or tax situation.
Swiss Representative: Waystone Fund Services SA, Av. Villamont 17, 1005 Lausanne, Switzerland, Tel: +41 21 311 17 77, email: firstname.lastname@example.org. Any Fund Documentation may be obtained free of charge from the Swiss Representative in Lausanne. In respect of the Shares distributed in or from Switzerland, the place of performance and jurisdiction is at the registered office of the Swiss Representative.
Paying agent: Banque Cantonale de Genève.
This website is not aimed at persons who are residents of any country (including the USA), or of countries in which the dissemination of information on funds/services on the Internet is forbidden. This website is directed at professional investors and advisors only. None of the information, whether in part or full, should be copied, reproduced or redistributed in any form.
CGIML is not responsible for Third Party Content, referrals or links to third parties or third party sites. CGIML is not responsible for the accuracy of information contained within other providers’ sites which have links to any pages on this website, nor does it endorse any of the information provided. The contents of this website are based upon sources of information believed to be reliable. No guarantee, warranty or representation, express or implied, is given as to the accuracy or completeness of such information and neither the company nor any of its affiliates, officers, directors or employees accepts any liability or responsibility in respect of the information expressed herein which, moreover, is subject to change without notice.
Calls may be recorded.
"Professional investor" includes the EU client classifications: "professional client" and "eligible counterparty", Luxembourg client classification: "well-informed investor", as well as Swiss client classifications: "regulated and non-regulated qualified investor" only. The following are some examples of the entities that may be considered a Swiss non-regulated qualified investor:
I CONFIRM THAT I AM A PROFESSIONAL INVESTOR OR ADVISOR. I HAVE READ THE IMPORTANT INFORMATION AND WISH TO PROCEED.