Verno Capital is an investment management group founded in late 2009 by one of the leading and most experienced teams in the capital markets of Russia and the former Soviet Union.
Our investment philosophy is grounded in the belief that the compelling long-term investment opportunity in Russia must be balanced with the volatility and inherent risks of the market. Our objective is to generate outperformance by employing an investment process based upon fundamental bottom-up research complemented by top-down risk management.
Legal Notices and Disclosures IMPORTANT INFORMATION
Sales Restrictions and Investment Information
The information provided on this Website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Verno Investment Management Limited or its affiliates (together “Verno”) to any registration requirement within such jurisdiction or country.
The distribution of the information contained in this Website in certain countries may be restricted by law and persons who access it are required to inform themselves and to comply with any such restrictions. This information does not constitute an offer or solicitation in any jurisdiction. Prospective investors should inform themselves as to applicable legal requirements, exchange control regulations and taxes in the countries of their citizenship, residence or domicile.
This Website is published solely for informational purposes and has no regard to the specific investment objectives, financial situation or particular needs of any person. Information contained herein is believed to be reliable but no warranty is given as to its accuracy or completeness and views and opinions, whilst given in good faith, are subject to change without notice. The information contained in this Website is not intended to constitute, and should not be construed as, investment advice. Potential investors in the fund that is described, or referred to, in this Website should seek their own independent financial advice. Verno neither provides investment advice to, nor receives and transmits orders from, investors in the fund described, or referred to, in this Website.
An application for shares in the investment funds referred to on this Website should only be made having read fully the relevant offering documents. It is your responsibility to read such offering documents and by making an application you will be deemed to represent that you have read such offering documents and agree to be bound by its contents.
You should note that, if you choose to invest in any fund described or referred to in this Website, your capital will be at risk and you may therefore lose some or all of any amount that you choose to invest. Your Use of the Website This legal notice sets out the terms on which you may make use of the Website, whether as a guest or a registered user, and apply to every page on the Website, whether or not such pages are individually disclaimed. Please read these terms carefully before you start to use the Website. By using the Website, you have indicated that you accept these terms and that you agree to abide by them. If you do not agree to these terms, please refrain from using the Website. You must NOTuse the Website (or permit or procure others to use it) as follows:
for any unlawful, improper or illegal purpose or activity;
to communicate or receive information that is obscene, indecent, pornographic, sadistic, cruel, or racist in content, of a sexually explicit or graphic nature, which promotes or incites discrimination, hatred or racism or which might be legally actionable for any reason;
in a manner intended to threaten, harass, or intimidate;
to violate Verno’s or any third party's copyright, trademark, proprietary or other intellectual property rights;
to damage Verno’s name or reputation or that of our affiliated companies or any third parties;
to impersonate any of our employees or other person or use a false name while using our site or implying an association with us;
to penetrate our security measures or other entities' systems ("hacking");
to transmit unsolicited voluminous emails (for example, spamming) or to intercept, interfere with or redirect email intended for others using our site;
to generate excessive amounts of internet traffic, to interfere with our network or other’s use of our site or to engage in activities designed to or having the effect of degrading or denying service to users of our site or others;
to introduce viruses, worms, harmful code and/or Trojan horses onto the internet or into our site or any other entity’s systems and it is your responsibility to ensure that whatever you download or select for your use from our site is free from such items;
to post or transmit information that is defamatory, fraudulent or deceptive, including but not limited to scams such as "make-money-fast" schemes or "pyramid/chain" letters; and/or
to transmit confidential or proprietary information, except solely at your own risk.
When using the Website, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on our Website in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from our Website in breach of any law or regulation of the country in which you reside.
User Identification Code In respect of existing investors, you will be provided with a user identification code and password to access the Website. You must treat this information as confidential and you must not disclose it to any third party or allow any third party to access the Website using your user code or password. You agree to notify Verno immediately if you suspect unauthorised use of the Website or of your user identification code or password. Distribution of information on this Website It may be illegal to distribute the information on this Website to persons for whom it was not intended and Verno disclaims all responsibility in the event that there is an unauthorised distribution in breach of applicable laws or regulations. Termination and Suspension of Access to Website We reserve the right to deny you access to the Website, or immediately to suspend or terminate your access to the Website, or to disable any user identification code or password (whether chosen by you or allocated by us) at any time if your use of the Website (in our sole discretion) in any manner breaches these terms or for any other reason. Privacy and Data Protection As a result of your use of this website, Verno may hold and process personal information about you and may use it to send to you information about the fund managed by Verno. All personal data held by Verno will be treated in accordance with applicable data protection laws. Intellectual Property Rights The entire contents of this Website are subject to copyright with all rights reserved. You may download or print individual sections of the site for your personal use and information only provided that you retain all copyright and other proprietary notices. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the site without the prior written permission of Verno. You must not transmit any virus, "worm", "Trojan horse", or other item of a destructive nature to the site and it is your responsibility to ensure that whatever you download or select for your use from the site is free from such items. Nothing on this Website should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party. Linked Websites Where a link to a non- Verno Website exists, to the extent permitted by applicable laws, Verno does not accept responsibility for the content of such site nor the products, services or other items offered through that site. No Warranty The Website, including information and materials contained in the Website, text, graphics, software, links and other items are provided “as is,” “as available”. Verno does not warrant the accuracy, adequacy, completeness, timeliness or availability of the Website, and expressly disclaims liability for errors or omissions in the Website. There is no warranty of merchantability, no warranty of fitness for a particular purpose, no warranty of non-infringement, no warranty of any kind, implied, express or statutory, in conjunction with the website. Limitation of Liability In no event will Verno be liable for any damages, including, without limitation, direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the Website or use thereof or the inability by any party to use such Website, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if Verno, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Indemnification As a condition of your use of the Website, you agree to indemnify and hold Verno and its third party providers harmless from and against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of the Website, or from your violation of these terms.
Law and Variation
Your browsing in and use of this Website shall be deemed acceptance of, the laws of England and Wales. A condition of using this Website is that in the event of any dispute or proceeding you irrevocably submit to the exclusive jurisdiction of the English Courts and waive any objection to proceedings in such courts on the grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum. Verno may revise this legal notice at any time by amending this page. You are expected to check this page from time to time to take notice of any changes Verno makes, as they are binding on you.
Each time you use this Website, a condition of use is that you comply with the above terms.