TAKE ONE FUND S.C.A., SICAV-RAIF (the “Fund”) is a corporate partnership limited by shares (société en commandite par actions – SCA) incorporated under the laws of Luxembourg as an investment company with variable capital – reserved alternative investment fund (société d’investissement à capital variable –fonds d’investissement alternatif réservé) under the law of 23 July 2016 relating to reserved alternative investments funds, as amended or supplemented from time to time.

 

The Fund qualifies as an alternative investment fund within the meaning of the Directive 2011/61/EU on alternative investment fund managers as implemented in Luxembourg by the law of 12 July 2013 on alternative investment fund managers (the “2013 Law”). The Fund is fully compliant with the 2013 Law which is ensured through an appointment of an external fully authorized alternative investment fund manager. The Fund itself is not subject to direct supervision by a Luxembourg supervisory authority for the financial sector (Commission de Surveillance du Secteur Financier).

 

Take One Fund Management S.à r.l. is the managing general partner and unlimited Shareholder (associé-gérant commandité) (the “General Partner”) of the Fund.

 

Fuchs Asset Management S.A. has been appointed as alternative investment fund manager (gestionnaire de fonds d’investissement alternatifs) (the “AIFM” or the “Manager”) of the Fund and has been entrusted with to perform portfolio management, risk management, valuation services, as well as marketing services and activities related to the assets of the Fund.

 

The General Partner is offering shares (the “Shares”) of one or several separate sub-funds (individually a “Sub-Fund”) on the basis of the information contained in its placement memorandum (the “Placement Memorandum”, last amended on 28 February 2020). No person is authorized to give any information or to make any representations concerning the Fund other than as contained in the Placement Memorandum and in the documents referred to therein. The distribution of the Placement Memorandum is not authorized unless it is accompanied by the most recent financial statements (if any) of the Fund. Such financial statements are deemed to be an integral part of the Placement Memorandum.

 

Take One Fund 2017

 

The Fund has launched a first Sub-Fund in 2017, which purpose is to provide debt financing facilities at various stages of the production of a film, from the pre-production stage until the release of the film. A “Film Project” shall include feature films, animation films, short films, documentaries, TV movies, TV series, which may be produced to be distributed through theatres, TV networks, VOD platforms or other distributions networks considered appropriate by the Producers.

 

The sub-fund will not be involved directly in the artistic and commercial decision process in relation to a Film Project. The sub-fund will only take credit-driven decisions to invest in a Film Project. The sub-fund intends to offer its investors risk-adjusted uncorrelated returns by providing debt financing facilities either to special purpose companies created in the context of the production of a specific Film Project or in the context of specific arrangements through payment on an identified escrow account the balance of which may only be used to finance an identified film project. Financing may also be granted directly to an entity involved in the pre-production phase of a Film Project.