SMG Family VCIC license approved by CySEC

The Cyprus Securities and Exchange Commission (CySEC) has notified SCSS Fund Management Ltd. (SCSS) that the application for the setting up and operation of SMG Family Variable Capital Investment Ltd (SMG) was approved on 25 January 2016.

SMG Family Variable Capital Investment Ltd is a Cyprus based Alternative Investment Fund (AIF) and has been licensed to operate as a Private Equity Umbrella Fund.

The Management of SMG will be carried out by SCSS Fund Management Ltd.