CYRANO'S FUND FAMILY STRATEGY

The Fund Family included different funds that invested in Social Banks. Each fund had a specific risk profile based on the portfolio strategy, the geographical diversification, the type of financial exposure (senior loans or quasi-equity) and/or the risk level of SBs.

In addition, each fund offered to investors different risk exposures based on its capital structure, including common shares, subordinated and senior debt.

This strategy allowed investors, based on their Risk appetite, the possibility to establish an investment allocation according to a risk matrix including a mix of exposure, expected returns, social orientation and geographic specialization.