About Prescus Capital
Prescus Capital is a boutique financial advisory firm. We do not hold a specific authorisation in Switzerland from, and are not supervised by, the Swiss Financial Market Supervisory Authority (“FINMA”).
Our contact details are as follows:
Prescus Capital AG
+41 43 443 32 32
No offer or advice
The information on this website is solely for informational purposes and does not constitute an offer to sell or the solicitation of an offer to buy any security. Information on this website should not be construed as a prospectus or offering document or any investment recommendation and you should not rely upon it or use it to form the definitive basis for any investment decision, contract, commitment or action whatsoever, with respect to any proposed transaction or otherwise. Any information on this website is subject to change at any time without notice.
Prescus Capital does not provide any accounting, tax, regulatory, legal or investment advice or any portfolio management services and nothing contained on this website should be deemed to constitute such advice or services. No investment or other decisions should be made solely based on the information contained on this website.
The information on this website is only directed at professional clients, as defined and explained below. The information on this website is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any country, state or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction.
Potential conflicts of interest
Prescus Capital, together with its affiliates and external partners (the “Prescus Network”), engage in financial services and corporate finance advisory to a range of companies, governments and individuals from which conflicting interests or duties, or a perception thereof, may arise. The Prescus Network’s clients and counterparties may include, and the Prescus Network may invest or hold or manage funds that invest or hold securities of, persons and entities in the same sectors as our clients and the prospective investors with which our clients interact (each a “Client/Investor”), with which a Client/Investor has a relationship or that may be involved in the same potential transaction as a Client/Investor and whose interests may conflict with those of a Client/Investor.
Limitation of liability
To the fullest extent permitted by law, Prescus Capital disclaims, without limitation, any and all liability for any loss or damage of any kind, including any direct, indirect or consequential damages, which might be incurred through the use of or access to this website, or any links to third-party websites. This website may contain links to third-party websites, the content of which are completely beyond the control of Prescus Capital. Accordingly, Prescus Capital does not assume any responsibility for the accuracy, completeness and legality of the contents of such websites, or for any offers and services contained thereon.
The Swiss Financial Services Act (FinSA)
On 1 January 2020, a new regulatory framework with respect to financial services in Switzerland entered into force through the introduction of the Federal Act on Financial Services of 15 June 2018 (“FinSA”, SR 950.1). This regulatory framework primarily governs the provision of financial services and the offering of financial instruments and is intended to strengthen investor protection. FinSA applies to financial services provided to clients domiciled in Switzerland as well as to financial services provided in Switzerland, e.g., to foreign domiciled clients. Prescus Capital assists funds with fund placements in Switzerland, which may be deemed to be a financial service in the meaning of FinSA. Prescus Capital also provides corporate finance services to issuers and other undertakings, such as in connection with the issuance of equity or debt securities, which advice is not subject to FinSA.
Client and investor classification
According to FinSA, Prescus Capital must apply client classification with respect to any Client (as defined in FinSA). FinSA differentiates between retail clients and professional clients.
The ‘professional clients’ category comprises a subcategory of ‘institutional clients’. Retail clients are all Clients that are not classified as professional clients. Prescus Capital is only engaging with Clients that are classified as professional clients under FinSA and, therefore, are also classified as a qualified investor under and for the purpose of the Federal Act on Collective Investment Scheme of 23 June 2006 (“CISA”, SR .951.31). When such contact is initiated, we will notify you of your client classification and related rights. Depending on a Client’s volume of financial assets and (in certain cases) its financial knowledge and experience, a Client can request to be treated as a professional client. Please contact your relevant Prescus Capital contact as instructed in our communication for further information. A professional client may also elect to be treated as a retail client. However, in such case Prescus Capital would not be able to service you due to the type of services and products that we offer.
Prescus Capital is committed to high-quality advice and client care. If you are in any way dissatisfied with our services, or have any suggestions as to how our service to you could be improved, please contact in the first instance your relevant Prescus Capital contact.
If for any reason we are unable to solve any problem between us, Prescus Capital is affiliated to Finanzombudsstelle Schweiz (FINOS), an independent agency responsible for mediation proceedings with our Clients. You can contact the Ombudsman on the following address:
Finanzombudsstelle Schweiz (FINOS)
Transactions in financial instruments are associated with certain risks. It is important that you are familiar with and understand these risks before engaging with Prescus Capital with respect to any such transactions. For more information regarding the risks involved, please refer to the brochure “Risks Involved in Trading Financial Instruments” prepared by the Swiss Bankers Association (SBA), which is available at the following link.
Prescus Capital does provide investment advice and does not make personal recommendations to acquire or dispose of financial instruments and, as such, does not assess the appropriateness or suitability of an investment. It is the sole responsibility of the Client to decide whether it has the knowledge and experience to make an investment, whether the investment corresponds to its financial situation and investment objectives, and, ultimately, whether or not to make an investment.
Prescus Capital assists with fund placements in strategic situations, when acting for funds in our focus industry sectors. As such, we work with a selected number of fund managers and do not offer a comprehensive market survey. Clients that we engage with on each particular transaction will receive relevant product information from the fund manager. Investors should review the information received from the fund and make their investment decision based on these materials only. Prescus Capital does not prepare any product information for financial instruments and does not assume any responsibility for the accuracy, completeness and legality of the product information provided by the fund or any other third party.
Prescus Capital assists with fund placements and receives a commission from fund managers and sponsors in connection with their offer and sale of funds to investors. Such commission typically ranges between one to five per cent of the capital invested or committed and may include a fixed and a discretionary component.
MiFID II, FCA rules and other rules and regulations
Outside of Switzerland, Prescus Capital provides the ancillary service of corporate finance advice to issuers and other undertakings and does not provide regulated investment services and activities as defined in the Markets in the Financial Instruments Directive (2014/65/EU) (“MiFID II”), the UK Treasury legislation and the FCA’s handbook and/or other rules and regulations (collectively the “Rules”). Prescus Capital is only engaging with persons that are deemed professional clients pursuant to the Rules and we do not engage with retail clients. The ‘professional clients’ category comprises persons that possess the experience, knowledge and expertise to make their own investment decisions and properly assess the risks that they may incur. Retail clients are persons that are not categorised as professional clients.