BLP advises CENIVAL, the Nicaraguan Central Depository

BLP advised CENIVAL, the Nicaraguan Central Depository, in the negotiation, legal revision, authorization and registration process of the first Investment Fund established in Nicaragua.

This is the first investment fund structured in the country in which the central depository must participate. The structuring of this fund opens the doors to future legal and financial vehicles of this type. 

This deal, completed at the beginning of May 2015 and handled by Partner Ernesto Rizo and Associates Juan Castillo and Regina Sandino, implied discussions with the financial regulator and negotiations with the fund administrator to determine and agree on the final terms of the fund.