Legal information for potential clients and clients of an independent financial agent with the business name HBR SFA, s.r.o.
Pursuant to the provisions of Section 33 of Act no. 186/2009 Coll. on Financial Intermediation and Financial Advisory Services and on amendments to certain acts, as amended (the “Act”), hereby the company HBR SFA, s.r.o. with its registered office at Mlynské nivy 16, 821 09 Bratislava – City District of Old Town, Company ID: 44 127 103, legal form: limited liability company registered in the Commercial Register of the District Court of Bratislava I, section: Sro, file number: 52335 / B (the “HBR SFA”) provides its potential clients and both professional and non-professional clients at the territory of the Slovak Republic (collectively as the “Clients”) with the information required by the Act.
Pursuant to the Act, HBR SFA is a supervised entity registered on the basis of decision number: ODT-10307/2014-1 by the National Bank of Slovakia in the capital market sub-register in the list of independent financial agents with registration number 194668. HBR SFA registration under the above identifiers can be checked through the website of the National Bank of Slovakia www.nbs.sk.
We would like to inform you that HBR SFA provides financial intermediation on the basis of a written contract with the company Crestbridge Management Company S.A., with its registered office at 1, Boulevard de la Foire, L-1528 Luxembourg, registered in the Luxembourg Commercial Register (Registre de Commerce et des Sociétés ) under number B 148 473 (the “Crestbridge”), as a financial institution – a foreign management company supervised in the course of its activities by the Luxembourg regulator (Commission de Surveillance du Secteur Financier). This contract is of a non-exclusive nature and HBR SFA may also perform financial intermediation under the contract with another financial institution. HBR SFA has no qualifying or other interest in the share capital or voting rights of the company Crestbridge and Crestbridge has no qualifying or other interest in the share capital or voting rights of HBR SFA.
Information on the nature and risks of the financial service provided by HBR SFA to the clients
HBR SFA provides the clients with the service of promoting securities issued by the HB Reavis Real Estate Investment Fund, with its registered office at 1B, rue Jean Piret, L-2350 Luxembourg, registered in the Luxembourg Commercial Register (Registre de Commerce et des Sociétés), under number B 161180 (the “HB Reavis Fund”) with its registered office at Luxembourg, in particular a sub-fund of that investment HB Reavis CE REIF fund. Due to the particularity of the service provided, the clients do not conclude a contract with HBR SFA and therefore no legal consequences arise from the relationship between the clients and HBR SFA. For the avoidance of doubt, the client is not obliged to pay HBR SFA any fees or any payments in connection with the provision of HBR SFA services.
HB Reavis Fund is an alternative investment fund covered by Directive of the European Parliament and of the Council no. 2011/61/EU on Alternative Investment Fund Managers and on amendments of the Directives 2003/41/EC and 2009/65/EC and of the Regulations (EC) No. 1060/2009 a (EU) No. 1095/2010 (the “AIFMD Directive”). In accordance with the Slovak law, HB Reavis Fund qualifies as a European alternative investment fund, which the company Crestbridge as a foreign management company (with its seat in another EU Member State) under Article 32 of the AIFMD Directive and Section 150d of the Act on Collective Investment is authorized to distribute within the territory of the Slovak Republic.
The HB Reavis Fund is managed in accordance with Luxembourg law by the company Crestbridge, which performs its activity under the laws of the Grand Duchy of Luxembourg and the authorization of the Luxembourg regulator (Commission de Surveillance du Secteur Financier). Other related activities related to the management of the HB Reavis Fund which are not subject to financial regulation are carried out by the company HB Reavis Investment Management S.à.r.l, with its registered office at 1B, rue Jean Piret, L-2350 Luxembourg, registered in the Luxembourg Commercial Register (Registre de Commerce et des Sociétés), under number B 161176 as the statutory body of the HB Reavis Fund.
HBR SFA warns that the value of the investment may also decrease and the return of the amount originally invested is not guaranteed, while the loss of the entire amount of the investment is not excluded.
Key information for the clients is also available via this website. The website contains in particular (i) a leaflet of HB Reavis Fund; (ii) a flyer of HB Reavis Fund; (iii) key investor information; and (iv) annual reports. Upon request, the client has the opportunity to become acquainted with the founding documents of the HB Reavis Fund.
The clients are entitled to file a complaint regarding the performance of HBR SFA financial intermediation activities. A complaint means a submission by which the client seeks redress due to (a) breach of obligations in financial intermediation, arising from applicable legislation, breach of internal regulations of HBR SFA or as a result of conduct that is contrary to good morals by HBR SFA employees and (b) other deficiencies, misstatements in financial intermediation or even deficiencies arising from the inaction of an HBR SFA employee.
The complainant is entitled to file a complaint as follows:
a) in writing to the address > HBR SFA, s.r.o., Mlynské nivy 16, 821 09 Bratislava – City District of Old Town; or
b) in person/orally; on the oral complaint, the HBR SFA employee who receives the complaint shall draw up a written record; or
c) electronically by sending an e-mail to HBR SFA e-mail address: firstname.lastname@example.org.
The complaint or written record of an oral complaint must contain the following information:
(a) name, surname and address of residence of the complainant in the case of a natural person, name or business name and registered office of the complainant in the case of a legal person;
(b) contact address of the complainant if different from his/her residence in the case of a natural person or its registered office in the case of a legal person;
(c) telephone of the complainant;
(d) subject of the complaint;
(e) identification of the employee against whom the complaint is made; a
(f) complaint submission date
If the complaint does not contain the particulars defined above, the complainant will be invited to complete them. If the complaint is not completed within 10 days from the date of delivery of the invitation, the complaint will not be forwarded for processing. At the same time, the complainant is obliged to provide the co-operation necessary for the proper processing of the complaint, e.g. To provide additional information or necessary documents upon request. Provided that the complainant does not provide such cooperation, HBR SFA is not obliged to start processing the complaint and the deadlines set for processing the complaint do not run until the cooperation is provided. The complaint must be processed by the relevant authorized employee of HBR SFA no later than 30 days from the date of its delivery or receipt. In justified cases, this period may be extended to 60 days, however the authorized employee is obliged to notify the complainant in writing before the original 30-day period expires about the specific reason for the extension and the impossibility of processing the complaint within 30 days.
Furthermore, on the basis of a requirement arising from the Act, we would like to also inform you of the existence of special regulations governing the out-of-court settlement of disputes arising from financial intermediation, such as Act no. 244/2002 Coll. on arbitration proceedings and Act no. 420/2004 Coll., on mediation, as amended.
All the above information is provided through this website based on the free decision of the clients and the clients have the right to decide whether they want to receive this information exclusively in paper form.
For more information about the HB Reavis Fund, please contact us at email@example.com.