Dyna IV Fundo de Investimento em Participações Multiestratégia Responsabilidade Limitada
Investment Goals
The objective of the Class is to achieve long-term capital appreciation by investing in Target Companies, participating in their decision-making process, and exerting effective influence over the definition of their strategic policy and management, in accordance with the exemption provisions set forth in the applicable regulations and in the Class Annex.
Investment Policy
The Class shall invest at least 90% of its net assets in the Target Assets:
(i) shares, subscription warrants, plain debentures, commercial paper, and other securities convertible or exchangeable into shares issued by Target Companies;
(ii) debt- or equity-represented instruments, contracts, and securities in limited liability companies;
(iii) quotas of other classes of FIPs;
(iv) quotas of Equity Fund classes – Access Market; and
(v) receivables not listed above, provided they are issued by the Investee Companies.
The Class may invest in Target Companies through instruments that grant the right to acquire an equity interest, irrespective of when the actual capital is contributed.
*See detailed description in the Bylaw.*
Target Public
The Class is intended for qualified investors, as defined in the applicable regulations in force, who are (i) partners, directors, or employees of Dynamo and/or its affiliates; (ii) legal entities controlled by the persons in (i); (iii) funds or investment classes or other investment vehicles in which fifty percent (50%) or more of the total issued units are held by (i) or (ii); (iv) first-degree descendants of partners or employees of Dynamo or its affiliates; or (v) legal entities, funds, investment classes, or other investment vehicles administered, managed, or otherwise related to Dynamo or its affiliates.
Key Risk Factors
**Capital Loss Risk:** The investment strategy employed by the Class may result in significant capital losses for its unitholders, including the total loss of invested capital.
**Investee Companies Risk:** A significant portion of the Class’s investments will be made in securities issued by the Investee Companies, which by their nature involve business, financial, market, and/or legal risks. There is no guarantee of (i) the Investee Company’s good performance; (ii) the Investee Company’s solvency; or (iii) the continuity of the Investee Company’s operations. The divestment process may also entail risks such as loss of participation in decision-making and indemnification obligations under certain disposal circumstances.
**Concentration Risk:** The Class’s portfolio may be concentrated in assets issued by a single Target Company, which increases exposure to specific risks and may cause volatility in unit values.
**Liquidity Risk:** The Class was established as a closed-end condominium. Units may not be redeemed and therefore constitute a non-liquid investment. The Class’s investments may be made in assets that are not publicly traded in the market. There may be no buyer’s market for such assets, or the actual sale price of those assets may result in a loss for the Class or, as the case may be, for the unitholder.
**Asset Redemption Risk:** There is a possibility that the Units may be redeemed in securities and/or financial instruments representing the assets comprising the Class’s portfolio. In such an event, Unitholders may encounter difficulties trading the respective securities and/or financial instruments received as a result of the Class’s liquidation.
*See detailed description in the Bylaw.*
