{"id":183442,"date":"2020-06-02T10:02:58","date_gmt":"2020-06-02T10:02:58","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=183442"},"modified":"2020-06-02T10:02:58","modified_gmt":"2020-06-02T10:02:58","slug":"finante-personale-cine-si-cum-poate-participa-la-un-plasament-privat","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=183442","title":{"rendered":"Finan\u0163e personale. Cine \u015fi cum poate participa la un plasament privat?"},"content":{"rendered":"<p>\nUn plasament privat este o ofert\u0103 de instrumente financiare care nu se adreseaz\u0103 publicului larg, ci doar unui num\u0103r limitat de investitori, at\u00e2t persoane fizice, c\u00e2t \u015fi juridice, al c\u0103ror profil de risc trebuie s\u0103 corespund\u0103 nivelu\u00adlui de risc asociat instrumentului financiar obiect al ofertei.<\/p>\n<p>\nDiferen\u0163a dintre un astfel de plasament \u015fi o ofert\u0103 public\u0103 este faptul c\u0103 valorile mobiliare sunt puse la dispozi\u0163ie pentru v\u00e2nzare, pe pia\u0163a deschis\u0103, oric\u0103rui tip de investitor.<\/p>\n<p>\nAnterior derul\u0103rii plasamentului privat, intermediarul creioneaz\u0103 un profil al investitorilor care pot fi invita\u0163i. \u00cen acest sens, unii brokeri au dezvoltat sisteme de scoring pentru investitori \u00een baza c\u0103rora realizeaz\u0103 selec\u0163ia investitorilor invita\u0163i s\u0103 participe \u00eentr-un plasament, astfel \u00eenc\u00e2t s\u0103 se \u00eencadreze \u00een limita de 149 de investitori impus\u0103 de reglementator. Acesta este, de exemplu, cazul Tradeville, cel mai mare investitor de retail de la Bursa rom\u00e2neasc\u0103.<\/p>\n<p>\nLimitarea de 149 de participan\u0163i, stabilit\u0103 la nivel european \u015fi preluat\u0103 \u015fi \u00een legisla\u0163ia \u0163\u0103rilor membre, se refer\u0103 numai la investitorii de retail, \u00een astfel de oferte put\u00e2nd fi invita\u0163i un num\u0103r nelimitat de investitori califica\u0163i, de tipul fondurilor de investi\u0163ii, fondurilor de pensii sau altor investitori institu\u0163ionali.<\/p>\n<p>\nSpre deosebire de ofertele publice, procesul \u00een cazul plasamentelor private este mult simplificat, iar din punct de vedere al investitorilor presupune dou\u0103 etape mari &#8211; primirea invita\u0163iei \u015fi participarea prin subscrierea \u00een ofert\u0103.<\/p>\n<p>\nInvita\u0163ia de participare \u00een plasament se realizeaz\u0103 transmi\u0163\u00e2ndu-se investitorilor un document de ofert\u0103 care con\u0163ine informa\u0163ii cuprinz\u0103toare despre ofert\u0103 \u015fi compania emitent\u0103 a instrumentelor financiare. \u00cen situa\u0163ia \u00een care \u00een urma analizei acestui document investitorii decid s\u0103 subscrie \u00een ofert\u0103, o pot face prin intermediarul plasamentului sau prin intermediul altor distribuitori autoriza\u0163i s\u0103 participe \u00een plasament.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Un plasament privat este o ofert\u0103 de instrumente financiare care nu se adreseaz\u0103 publicului larg, ci doar unui num\u0103r limitat de investitori, at\u00e2t persoane fizice, c\u00e2t \u015fi juridice, al c\u0103ror profil de risc trebuie s\u0103 corespund\u0103 nivelu\u00adlui de risc asociat instrumentului financiar obiect al ofertei.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[7216,29192,7633,23181],"class_list":["post-183442","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-bursa","tag-finante-personale","tag-investitori","tag-plasament-privat"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/183442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=183442"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/183442\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=183442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=183442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=183442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}