Services provided by NRP Finans. NRP Finans is a licensed investment services company according to the Norwegian Securities Trading Act section 2-1, and licensed to provide the investment services: reception and transmission of orders, execution of orders, investment advice, placing of financial instruments, and selected ancillary services. NRP Finans facilitates direct investments in real estate and in the shipping and offshore industry sectors. Direct investment projects are developed in close cooperation with real estate owners, real estate developers, real estate brokers, ship/offshore vessel owners and ship/offshore brokers, and banks. NRP Finans’ main goal is to obtain highest possible risk adjusted returns for Clients. NRP Finans’ activities consist primarily of raising equity and debt financing of real estate, vessels and offshore installations, through establishing single purpose investment companies as either limited companies, limited partnerships, or other various legal entities. NRP Finans’ revenues are subject to successfully completing such Project financing. NRP Finans also acts as distributor for funds managed by NRP Asset Management AS, another company in the Ness, Risan & Partners Group. These funds are mostly regulated as Alternative Investment Funds (AIF). NRP Finans also aims to facilitate and provide a second-hand market in the shares, partnership capital and funds that NRP Finans or other entities owned by the Ness, Risan & Partners group have established. NRP Finans’ services are based on knowledge and experience from the industries that the company actively engages in, and knowledge and experience from project arrangement, management and facilitation. The investment services that are offered will thus, by nature, not be product or supplier independent. Pursuant to Directive 2014/65/EU MiFID Article 24.1 (a) (i), NRP Finans provide investment advice on a Non-independent basis. NRP Finans’ investment products have a goal of providing absolute positive returns and capital gains. The products consist of a varying degree of risks and recommended investment durations. All investment products are considered to have a high degree of liquidity risk due to the instruments and securities involved not being publically listed. Products with a low risk profile are thus not offered. NRP Finans has procedures for identifying the target market for each project or Fund offered in the market. The Projects and Funds are deemed suitable for both Professional and Non-professional Clients. For Non-professional Clients, NRP Finans will assess the suitability of each investment and issue a Suitability Declaration to the Client:
Appears in 7 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
