1. Prudent Investment Fund
Prudent Group and EGFE Present:
Prudent Investment Fund
May 2018

2. Firm Overview
Prudent Group is a credit oriented, alternative investment manager with offices in Luxembourg, Miami, Vienna, São Paulo, and Porto Allegre.
Prudent Group’s principals have extensive experience investing in (trade) finance for small and medium sized companies (SMEs) in the Brazilian market.
Senior management averages over 25 years of investment expertise in capital markets, emerging markets investing, and local market experience.
The current corporate structure of the firm is the result of over 10 years of planning, preparation, and execution by senior management.

3. Firm History
Founding of Prudent Group by core team members
Prudent Investment Fund approved to receive external investors by CSSF
Launch of Yield Fund – hedge fund vehicle with insurance wrapper provided by a subsidiary of Allianz
Prudent Investment Fund wins 4 additional awards from Investor Review, ACQ5, Wealth & Finance, and Acquisition International
Anticipated launch of a Cayman and Delaware based structure to capture the opportunity in Brazil for US and international investors
Launch of Diversified Corporate Lending Fund - Prudent Group begins building track record by investing in short term, corporate credit in Brazil through FIDCs
Prudent Investment Fund receives ACQ5’s 2018 Fund Management Firm of the Year: Latam Focused
Prudent Investment Fund wins
Acquisition International’s Most Innovative Hedge Fund & ”Hedge Elite” Most Innovative Hedge Fund Manager, USA/Europe
2009
2011
2014
2016
2017
2018

4. Prudent Investment Fund
Investment Process

5. Transaction Schematics
Administrator
Auditor
FIDC
Independent Risk Manager
Custodian
Regulator
Credit Consultant
FIDC advances capital to Borrower
End Buyer Pays the Invoice in typically less than 60 days
Borrower irrevocably assigns receivable(s) to the FIDC
Borrower
Supplier to End Buyer
End Buyer
Larger Manufacturing Firm
Goods or services provided to End Buyer
Borrower pledges Balance Sheet of Company along with Personal Guarantees to secure advance
End Buyer pledges Balance Sheet as collateral

6. Prudent Diversified Corporate Lending Fund Investment Process
Sourcing
Credit Analysis
Credit Committee
Fund Approval
Transaction Monitoring
Collection

7. Prudent Yield Fund Investment Process
Insurance Company Provides Company Rating List
Agreements with Buyers
Approach Suppliers
Receivables Discounting
Insurance Company Notification

8. Prudent Yield Fund Examples of Qualified Buyers
Annual Revenue: BRL 40 Billion
Annual Revenue: BRL 2 Billion
Annual Revenue: BRL 1 Billion
Annual Revenue: BRL 29 Billion
Annual Revenue: BRL 1,3 Billion
Annual Revenue: BRL 14 Billion
Annual Revenue: BRL 26 Billion
Annual Revenue: BRL 11 Billion
Annual Revenue: BRL 3,5 Billion
1 BRL = 0,28 USD, May 2018

9. Prudent Investment Fund
Fund Structure

10. Fund Structure Cayman SPC U.S. Series LLC Luxembourg SICAV RAIF
FEEDER LEVEL
MASTER FEEDER LEVEL
Luxembourg SICAV RAIF
Cayman Master Feeder
Luxembourg SICAV SIF
SUB-FUND LEVEL
2018 Roll-Outs
Prudent Payment Processing Fund
Prudent Mezzanine Fund
Prudent U.S. Opportunities Fund
Prudent Liquidity Fund
Prudent Diversified Corporate Lending Fund
Prudent Yield Fund

11. For More Information Please Contact:
Thank You!
For More Information Please Contact:
! Michael Ben Ari
Phone: Or

12. Legal Disclaimer
THIS DOCUMENT IS INTENDED SOLELY FOR THE RECIPIENT AND MAY NOT BE DUPLICATED, DISTRIBUTED OR OTHERWISE DISSEMINATED TO ANY THIRD PARTY. IT IS INTENDED FOR INTERNAL USE ONLY.
The Prudent Investment Fund is organized in Luxembourg as a Special Investment Fund (SIF) with a single sub fund, that has a variable share capital and is governed by the Luxembourg Law of 13th of February 2007.
The information pertaining to the SIF is not directed at, nor is it intended for distribution to, or use by, persons in any jurisdiction in which the Funds are not authorized for distribution or in which the dissemination of information regarding the Funds is not permitted.
The information or opinions contained herein should not be construed as an offer to sell or the solicitation of an offer to buy any security, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.
Please be advised that trading in securities involves the possibilities of both positive returns as well as significant exposures to risks. Should you decide to invest in the SIF, the value of any shares or units you purchase can go up or down and you may not get back all you have invested. Changes in currency rates of exchange may have an adverse effect on your investment or any resulting income. You may also be exposed to additional more specific risk in relation to the SIF’s fund in which you invest and you should review the risk factors specified in the prospectus very carefully.
Information that is provided by any of our parties constitutes neither investment advice nor any recommendation; and it is provided for informational purposes only. You should not construe any information on return estimates and past performance as a guarantee of future performance. Any opinions and estimates provided are subject to change without notice. As a prospective investor, you should consult with your own professional advisers on the tax and legal implications of investing in the Fund. Levels and bases of taxation are subject to change and will depend on your personal circumstances. Any decision to participate in the Fund should not be made solely on the basis of the information provided by any of our representatives or involved parties. Any decision you make using any such information is made at your own risk.
None of the involved parties makes any warranty as to the suitability or completeness of the information contained herein and none of the foregoing have any obligation to maintain the accuracy of the information on a forward going basis.

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