SIMPLIFYING MATTERS

x
Info career

info centre

MAGNUSSON HAS ADVISED ON THE STRUCTURE OF THE PIONEERING WHISKEY FUND "THE SINGLE MALT FUND" BEING DEVELOPED

2018-01-19

Magnusson, through responsible partner Eric Cederström, has assisted Cellar Capital Invest and the Swedish entrepreneur and whiskey connoisseur Christian Svantesson on the structure and conditions of listed instruments for the world's first listed whiskey fund The Single Malt Fund.

The fund has applied for registration on the Nordic Growth Market in Stockholm. Furthermore, the prospectus offers investors the possibility to enter with capital approved by Finansinspektionen. The goal is to bring in 25 million euros and the return should be from the purchase and sale of exclusive whiskey. In fact, expensive collector whiskey has historically proven to be a safe investment with a high value increase.

“It has been incredibly exciting and fun to be able to assist in such a project,” says Eric Cederström. “My role has of course meant legal issues, but of course we also thought it was interesting to be part of something new. Magnusson is also an agency with entrepreneurial spirit so it has been a great assignment for us. I look forward to following the fund's development.”

Other News

  • MARTIN HIRVOJA AS AN EXPERT SPEAKER AT THE ST. PETERSBURG INTERNATIONAL LEGAL FORUM

    Martin Hirvoja, attorney-at-law from Magnusson Tallinn Office, participated as an expert on the panel on How to Make Government Oversight Amiable yet Effective: Presentation of a New Draft Bill on State Control and Supervision of Russian Federation.

    read more
  • MAGNUSSON WARSAW ADVISES VASTINT ON SALE OF THREE OFFICE BUILDINGS IN WROCŁAW

    Magnusson Warsaw represented Vastint Poland in the process of selling three office buildings being a part of Business Garden Wrocław. The property was purchased by the Philippine fund ISOC Group.

    read more
  • MAGNUSSON FINALISES ONE OF SWEDEN'S LARGEST REAL ESTATE LAWSUITS

    The case concerned the termination of a site leasehold right concerning Berg's oil port located in Nacka. Oil depot activities have been conducted on the property since 1959. Nacka municipality has during the last twenty years planned to create a denser and more mixed urban development on western Sickla island, where the property is located.

    read more
  • MAGNUSSON WINS IN SWEDEN’S ENVIRONMENTAL COURT

    Magnusson has successfully represented Varbergs Bostadsaktiebolag in the Environmental Court in a case concerning exemption from the prohibitions in the biotope protection provisions in the Environmental Code.

    read more
more NEWS