The Company is formed for the main purpose of operating as an international financing entity to engage in asset management and management of pools of capital. Particularly, the Company will engage in the following international financing entity activities: 1. Engage in such other activities as are expressly authorized by the regulations or order of the Commissioner, or are incidental to the execution of the services authorized by this Act and the Regulations of the Commissioner, except activities expressly prohibited by the Act, as authorized in Article 12(a)(17) of the Act; 2. Establish, with the Commissioner’s prior specific authorization, branches outside of Puerto Rico, in the United States mainland and its possessions or in other foreign countries, provided that such branches will not accept any kind of deposits or establish a service unit or office in Puerto Rico, in which only specific operations related to the services of the international financial entity shall be conducted, in the manner and form provided through regulations, but by no means shall said service unit or office constitute a branch; as authorized in Article 12(a)(22) of the Act; 3. Engage in providing services of: (i) asset management, (ii) alternative investment management, (iii) management of activities related to private equity investments, (iv) hedge fund management, (v) “pools of capital” management (vi) administration of trusts that serve to convert different asset groups in securities, and (vii) management services of escrow accounts, provided that such services are provided to foreigners, as authorized in Article 12(a)(24) of the Act; 4. Make, procure, place, guarantee, or provide service to loans; none of such loans may be granted to a domestic person, except as provided in relation to the activities described in clauses (3), (7), (18), (19), (20) and (21) of subsection (a) of Section 12 of the Act, and in the cases of financial guarantees for debt issuance transactions in Puerto Rico, subject to the Commissioner’s approval, as authorized in Article 12(a)(4) of the Act; 5. Engage in any activity of a financial nature outside of Puerto Rico, which would be allowed to be done, directly or indirectly, by a bank holding company or by a foreign office of subsidiary of a United States bank under applicable United States law as authorized in Article 12(a)(11) of the Act.
Agent Name
ARTURO,GONZALEZ
Agent Address
107 ORTEGON AVE. CAPARRA BUILDING, SUITE 211, GUAYNABO, PR, 00968
CAI CAPITAL INTERNATIONAL LLC (Puerto Rico)
