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Zivkovic Samardzic Advises Fifth Quarter Ventures on Becoming Alternative Investment Fund in Serbia

Zivkovic Samardzic Advises Fifth Quarter Ventures on Becoming Alternative Investment Fund in Serbia

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Zivkovic Samardzic has advised Fifth Quarter Ventures on the legal process for becoming an alternative investment fund in Serbia.

According to Zivkovic Samardzic, "on April 21, 2023, the Securities Commission brought a decision to grant a permit to Fifth Quarter Ventures, which enables Fifth Quarter Ventures to transform into an alternative investment fund management company, allowing it to step into the final procedural phase before the Securities Commission for obtaining the vital permit to establish an alternative investment fund in Serbia."

"Fifth Quarter Ventures is founded with the idea to be an early-stage venture capital fund focused on investing in top start-ups from the Western Balkans," the firm informed. "Also, with its experienced founders and proven business model, Fifth Quarter Ventures will help start-ups that currently outgrow local investors and introduce them to the top foreign venture capitals. Finally, Fifth Quarter Ventures’ strategy is also directed to the start-ups run by Serbian and Croatian founders in the diaspora, which can benefit from Fifth Quarter Ventures' connections, and to the elite US and Canadian start-ups which have a Balkan presence that seeks help with product-building and faster execution."

The Zivkovic Samardzic team included Partners Igor Zivkovski and Sava Pavlovic and Associate Ana Grebo.

Serbia Knowledge Partner

Committed to redefining a law firm's role in an emerging regional market, Gecić Law is a full-service law firm that advises international and local clients from the public and private sectors in navigating the complex legal landscape of the region across multiple practice areas. Members of the Gecić Law team have graduated from leading universities in the US and Europe. They have extensive local and international experience, with a particular focus on EU regulatory frameworks and international trade and a proven track record in providing innovative and practical solutions in the most complex of matters.

Gecić Law is an exclusive member of two leading global alliances, TerraLex and TAGLaw, extending its international footprint. The firm and its lawyers have continuously been recognized in several practice areas by elite global directories, including The Legal 500, Chambers and Partners and Benchmark Litigation. Gecić Law was named Law Firm of the Year: South Eastern Europe 2021 and Law Firm of the Year: Eastern Europe and the Balkans 2020 at The Lawyer European Awards and was repeatedly nominated in other practice areas.

For more details, please visit geciclaw.com.


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