The Deal Flow Facility

Are you a female entrepreneur with a business operating in Uganda and meets the Deal Flow Facility criteria? Register your interest on tinyurl.com/dff-form

Investing doesn’t have to be done alone! Collective Investment Schemes (CIS) allow individuals to pool their money together and invest as a group, making it easier to access opportunities in the capital markets. Through professional management, diversification, and flexibility, CIS provide investors with a convenient way to grow their investments. It offers benefits such as accessibility, affordability, liquidity, and diversification, Collective Investment Schemes help make investing more achievable for many people. Check our website at cmauganda.co.ug for a list of licensed CIS Managers #Capitalmarkets #Publiceducation #CMA@30

Considerations for a fit and proper fund manager include; ●No criminal convinctions (good standing) ●No prior regulatory sanctions ●Relevant professional qualifications ●Demonstrated track record ●No insolvency or financial mismanagement. @EUinUG @fsduganda

📌 Fund Manager Licensing requirements also include;Fees,fit and proper criteria. @CmaUganda Act Fund managers must be body corporates-compqny (Companies Act) or LLP (Partnerships Act) Fund manager application fee is UGX 2M,Annual renewal-UGX1.5M &PE Fund registration UGX750,000

Step-by-Step process: Registering a PE Fund 1. Appoint a @CmaUganda licensed fund manager 2. Incorporate at @URSBHQ 3. Prepare Governance documents 4. Draft Private Placement Memorandum 5. Submit CMA application 6. CMA Review & Approval @fsduganda @AdvocatesTaslaf @EUinUG

@CmaUganda @fsduganda @EUinUG Total application fees for a Private Equity Fund is UGX 1.75 Million (UGX 750,000 registration and UGX 1,000,000 PPM submission). 📌Below is a description of a step-by-step process for registering a PE Fund. @AdvocatesTaslaf @CmaUganda @fsduganda @EUinUG @URSBHQ

.@CmaUganda Act defines a registered Venture Capital Fund as a company approved by the authority to provide risk capital in Uganda. ✔️Most Common-Limited Liability Partnership (LLP) ✔️Corporate-Limited Liability Company (LLC) ✔️Less Common-Trust / Unit Trust @fsduganda @EUinUG

Stephen Tumwesigye , Managing Partner @AdvocatesTaslaf introduced the presentation about Registration , Regulation and Taxation - in regard to Private Equity and Venture Capital Funds. @CmaUganda @fsduganda @EUinUG

"Risk comes from not knowing what you are doing." - Warren Buffet. Strong regulation reduces uncertainty, protects investors, and builds confidence in the market. @EUinUG @DFF_Uganda @fsduganda @CmaUganda

@fsduganda @CmaUganda @USEUganda @URAuganda @mtic_uganda @ugandainvest @EUinUG @URSBHQ @ugbankers 📌Important to note when establishing the legal structure of a Private Equity Fund or Venture Capital Fund , registration with @URSBHQ and Governance/Operational Setup. @CmaUganda @EUinUG @fsduganda

@fsduganda @CmaUganda @USEUganda @URAuganda @mtic_uganda @ugandainvest The regulation for Private Equity and Venture Capital Funds outlines: -The application process -Eligibility requirements -Governance standards -Operational safeguards @CmaUganda @EUinUG @fsduganda @URSBHQ @URAuganda @ugbankers

Leticia Kyomuhendo , Market Supervision Officer @CmaUganda made a presentation about Regulation and approval process of Private Equity and Venture Capital Funds. @EUinUG @fsduganda @URSBHQ @URAuganda

What are Trustees? Trustees are individuals or institutions that hold and safeguard the assets of a unit trust scheme on behalf of investors. They ensure the scheme operates in line with its rules and applicable regulations, while protecting investors’ interests. Trustees also help oversee the management of the scheme and provide a mechanism for resolving disputes between investors and fund managers. #Capitalmarkets #Publiceducation

The 2024 amendments to the Income Tax Act were designed to create investor friendly tax reforms for the capital markets space. @EUinUG @DFF_Uganda @fsduganda @CmaUganda

How to get started on the setting up of a private equity fund in Uganda... @EUinUG @DFF_Uganda @fsduganda @CmaUganda

We also match the companies with the right investors, providing them with the right transaction advisory support so they can close those deals. This is an opportunity for private capital markets in Uganda. @fsduganda @CmaUganda @EUinUG

We are very keen on how we can facilitate development of markets;tightening the value chain of the capital marketplace of private capital markets,ensuring seamless flow of deals,right from sourcing,preparing these companies supporting them to become investment-ready. @fsduganda

@jlutwama @CmaUganda ..this means that the private capital markets become a very critical component in the financial sector development agenda of the country. @fsduganda @CmaUganda @EUinUG @jlutwama

.@jlutwama however noted that there are no appropriate products in the traditional market sector to actually meet public markets' needs & yet these provide their foundation & basis,because these are the businesses that are going to grow,mature eventually feed the public markets.

"Public markets usually are aligned to more mature,established companies,which we don't have many of in Uganda-there is that missing middle of small,growing businesses that may not easily access the public markets..."~ @jlutwama Director,Research Insights at @fsduganda @EUinUG