SILENICA
Boutique Private Equity Firm
Silenica Ltd. (pending voluntary strike off) was a Cyprus based firm that specialized in lower middle market buyouts in the CH / EEA.
The firm’s mission was to help create value by providing financial, strategic and management resources to capture growth opportunities and operational deficiency.
The company was dealing on own account / on behalf of the group companies only and is exempt from MiFID.
*Dealing on own account exemption under MiFID. The services were provided exclusively to group companies so a reference is made relating to Intragroup exemption under MiFID II - Article 2(1)(b). The legal base for intragroup transactions exemption under MiFID II been transferred from MiFID I into MiFID II effectively in the same wording.