Capital (in foundation)

Asset Holding, Investments, Venture Capital

Proposed to be set up in the EU and owned by 3 non-profit entities:
GCM Capital invests in company shares of public and private companies according the objects of the owner entities.
GCM Capital provides capital to participating companies interest-free and dividend-free but with income and profit participation rights.

Proposed profit income
• Dividends and other gains from investments in public or private companies
• Payments from companies for profit participation rights

Capital provision to GCM-registered companies
Requires a contract with an income participation right for the capital repayment and a profit participation right (29% of capital).

Beneficiary Claims
To come into being by:
• Profit participation shares of GCM-registered for-profit companies
• Capital provisions or donations to the GCM, Basecoop or SESEL
Risk disclaimer: There is no obligation to meet the beneficiary claims. However if there are reserves from profit income it will be done.

Paying out of Beneficiary Claims
Withdrawal requests just can be processed if there are available reserves from profit income.
Conditions for withdrawal requests
• Possible earliest after 1 year of the last deposit to GCM, Basecoop or SESEL.
• The maximum amount is EUR 10,000 per request, initially there is a lower limit.
• One request at a time is permitted only.

Initally operated by GCM Limited