Issuing house
An issuing house brings securities to the capital market , this is known as an issue . This term is common in the area of closed funds (participations). Other terms for issuing house are provider of a fund or initiator. In the case of investment funds (open funds), the term fund company is more colloquial. Or also an investment company or capital investment company .
Duties of an issuing house
The conception of closed funds is based on an examination of tax, economic and legal framework conditions. The capital for a fund is either fully or partially raised on the capital market.
Variation of tasks with various types of funds
With individual types of fund, the tasks of an issuing house can vary greatly from the idea to the realization of a fund. The tasks of a private equity fund or a life insurance fund are very different from the tasks of setting up a ship fund . With a ship fund, the issuing house brings together the partners for a complete company. A private equity fund invests in various already existing companies. With a life insurance fund, life insurances are bought in the secondary market with the intention of making a profit.
literature
- Karl-Heinz Steffens, Claudia Dreßler: Praxishandbuch Schiffsfonds . De Gruyter, Berlin 2014, ISBN 978-3-11-033833-1 , p. 25 ff. ( Online ).
Individual evidence
- ↑ Issuing house , definition on beliehen.de . Retrieved November 15, 2015.
- ↑ underwriter , definition on boersennews.de . Retrieved November 15, 2015.
- ^ Gerhard Merk : Finanzlexikon. (PDF; 13.6 MB) University of Siegen, p. 529 , accessed on June 14, 2015 .