Public Statement - Palos Ventures Fund Ltd. (2012-08-17)

Summary

This is a Public Statement (No. 14 of 2012) issued by the British Virgin Islands Financial Services Commission concerning Palos Ventures Fund Ltd., an entity previously recognized in the Investment Business sector. The statement was published to alert the public, investors, and creditors that the Fund is no longer recognized by the Commission.

• Purpose: To protect the public interest and the interests of investors and creditors of Palos Ventures Fund Ltd.
• Key fact disclosed: Palos Ventures Fund Ltd. is no longer recognized by the Commission.
• Reference: Public Statement No. 14 of 2012, Matter ID INV0615/089.

The document is informational in nature, providing notice of the Commission's enforcement action rather than imposing new ongoing compliance requirements on the wider industry.

Applies to

Investment Business, Palos Ventures Fund Ltd.