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Alert as Preval is victim of identity theft and confusion of identity
PREVAL and its Chairman Thierry Flecchia are victims of identity theft from an unknown source whose purpose is to mislead the recipients of commercial communications and create confusion with PREVAL. Therefore, PREVAL warns the public against solicitations made by an entity referred as “ECP Invest” or “ECPreval Invest” depending on the material. This entity uses false commercial documentation (with unauthorised use of the “PREVAL” logo, its address and usurpation of Thierry Flecchia’s identity) in order to promote an investment “offer”.
ECP Invest, which is the entity that initiated this fraudulent solicitation, makes use of the website “http://www.ecp-invest.com/“, which immediately redirects users to PREVAL’s website.
PREVAL and its representatives do not know ECP Invest and have no connection with this entity, in any form whatsoever. ECP Invest is not authorised to contact potential investors in the name and/or on behalf of PREVAL, or to make reference to PREVAL’s website or any other information concerning PREVAL.
At this stage of our investigations, PREVAL has not been the subject of any computer attack or intrusion. PREVAL has thus not been hacked but is the victim of identity theft taking place independently from the systems controlled by PREVAL. However, we are taking all the actions in our power to put an end to this disorder and this undermining of PREVAL’s integrity, in particular with the judicial and financial sector regulatory authorities.
We urge investors to be very cautious and therefore not to respond to requests from this entity and not to relay them to any third parties in any form whatsoever.
Our Sole Aim:
Protect & Grow your capital
An Independent Asset Manager Serving Its Investor Base
2019 is an important year for our company.
I have decided to combine the activities of Flinvest, a French investment management company founded in 2003, with Preval, an investment management company, based out of Luxembourg and founded in 2014. As of 1 April 2019, Flinvest became “Preval, French Branch”. Our address and contact information remain unchanged.
Preval has now a team of 12 people, including six analyst/fund managers reporting to me, and assets under management of nearly €400 million.
Combining the two teams will enable our analysts/fund managers in Paris and Luxembourg to interact on a daily basis, thereby improving idea generation and management efficiency. Based on the principles of private equity with a contrarian bias, our asset management style is applied to a global universe of liquid companies and assets, and enables us to take advantage of growth wherever it is to be found. In my view, international diversification is very important in today’s complex, macroeconomic environment.
Our product offering can now be divided into four categories:
- our stock-picking strategy for Europe, via our UCITS Entrepreneurs (ISIN FR0010007542),
- our stock-picking strategy for international markets, via our UCITS Preval Funds SICAV – World Winners (ISIN A units: LU1132346872 / I units: LU1132347094),
- our diversified global allocation strategy, via our UCITS Flinvest Diversifié (ISIN AC units: FR0010732792),
- our customized, dedicated funds.
I will remain fully involved as an investor in our funds and as a long-term shareholder. I am now in charge of supervising all of Preval’s investments. Our mission is unchanged: preserve and increase your capital by applying our contrarian investment approach.
2018 was a difficult year, but the decline was excessive and our companies in the European value sector, many of which are not included in the major indices, as well as in China, are significantly undervalued by historical standards. Despite the rebound we have seen in the early part of the year, I am confident that more performance remains to be uncovered for investors who take advantage of the opportunity to invest or to increase their exposure now, when the market is not uniformly optimistic.
Please do not hesitate to contact me or the Preval team should you require any further information.
PREVAL is a société anonyme having its registered office at 11 boulevard Royal, L-2449 Luxembourg, entered in the Trade and Companies Register under number B190081 PREVAL, acting as a management company subject to the provisions of Chapter 15 of the collective investment schemes act of 17 December 2010, as amended, and authorised and overseen in Luxembourg by the Commission de Surveillance du Secteur Financier (CSSF).
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The Website contains information presenting various undertakings for collective investment in transferable securities registered at the very least in their home country and Luxembourg.
It may be that the products and services shown on the Website are not authorised for sale to persons subject to a jurisdiction outside Luxembourg due to their nationality, place of residence or any other reason. Users are responsible for checking restrictions on the sale of the products and services in question. Any investment made on the basis of this Website must comply with the laws and regulations applicable to each User.
Past performance does not guarantee future performance. An investment may appreciate or depreciate for various reasons, and investors may lose money. Exchange rate fluctuations may also cause the value of investments to rise or fall.
The information published on this Website does not constitute an investment recommendation or financial advice, as each visitor has individual objectives and needs when viewing the Website. Before any subscription to a UCITS, you should carefully read the regulatory documents (KIID, prospectus), which can be downloaded from the Website.Accept Reject