Main Characteristics


Fund Category: Established in compliance with CVM regulation #209/94
Objective: The purpose of Novarum is to invest in startup companies whose technology is based on high quality research and development, allowing them to take their first steps as viable businesses
Areas of interest: IT and life sciences, including biotechnology, new materials, ecobusiness, agribusiness and bioenergy
Fund’s Time Horizon: 6 years, extendable for a further 3 years
Investment Period: 3 years, started on July,2004
Total capital: R$20,000,000.00 (twenty million Reais)
Management fee: 3% p.a
Performance fee: 25% over returns exceeding IGPM + 12% p.a.
Asset Manager: Jardim Botânico Investimentos Ltda.
Back office: BNY Mellon Serviços Financeiros DTVM SA
Custodian: Banco Bradesco S.A.


Investors and Partners:


Operational Partners:

The Novarum Fund receives support from corporate consultancy Araújo Fontes, and has close working ties with Fundação Biominas, as well as Instituto Inovação and StratPlan, both of which provide consultancy services.

Institutional Investors:

IDB/MIF and FINEP

Corporate Investors:

Coteminas and Grupo Icatu




 

Main Characteristics

Operational Structures

Areas of Interest

Investment Analysis

Portfolio

Team
Extranet Novarum

Novarum FMIEE

This website is a literal translation of the Portuguese version and is destined exclusively for Brazilian citizens. The information contained in this document is published solely for the purpose of providing information and conferring transparency to the management carried out by Jardim Botânico Investimentos Ltda. This should not be considered an offer for the sale of shares of the Funds or any security and it does not constitute the prospectus required by the Instrução CVM 409 or by the Código de Auto-Regulação da ANBID regulations. Investment funds are not guaranteed by the Administrator, Manager, any type of insurance, or even by the Credit Guarantee Fund (Fundo Garantidor de Créditos).
Past performance is not a guarantee of future performance. An analysis of at least 12 (twelve) months is recommended when evaluating an investment fund’s performance. The performance is not net of taxes. In the Funds managed by Jardim Botânico Investimentos Ltda. the NAV conversion date is different from the redemption date and the redemption payment date is different from the redemption request date.
Investors are advised to carefully read the Fund’s prospectus and regulation before subscribing for shares. Jardim Botânico Investimentos Ltda. is not responsible for investment decisions based on this document.
The equities funds may be exposed to significant concentration in assets with few issuers.