Legal documents
Legal Notice
Last updated: 15 July 2026 · The Czech version prevails in case of discrepancy.
The information contained on this website does not constitute an offer of investment, a securities prospectus, or investment advice within the meaning of applicable legal regulations. It is provided for general informational purposes only. Once registration is verified, specific investor materials may be provided only to a named and recorded person through an admissible route under Act No. 240/2013 Coll.
1. Nature of the communication
This website and all communications made available through it are informational in nature only. No part of the content of this website constitutes:
- investment advice within the meaning of Regulation (EU) No. 596/2014 or Act No. 256/2004 Coll.,
- a prospectus or a key information document (KID/PRIIP) within the meaning of Regulation (EU) No. 1286/2014,
- an offer to conclude an investment contract or a public invitation to subscribe for securities,
- tax or legal advice.
2. Not a public offer of securities
Participations (contractual interests) in the ATAVUS program are not and will not be offered by way of a public offer within the meaning of Act No. 256/2004 Coll. or Regulation (EU) 2017/1129 (the Prospectus Regulation).
Atavus, osoba rizikového kapitálu, s.r.o., Company ID (IČO) 29630681, with its registered office at Příčná 1892/4, Nové Město, 110 00 Prague 1, registered in the Commercial Register maintained by the Municipal Court in Prague under file no. C 449770, is preparing to conduct asset management comparable to management under Section 15 of Act No. 240/2013 Coll. On 4 July 2026 the company has applied for registration on the list maintained by the Czech National Bank under Section 596(e) ZISIF. It does not accept investments before registration is verified. Any registration is evidentiary only, is not a CNB licence, and the company's activity is not subject to supervision by the Czech National Bank. This is not a fund for qualified investors under Section 95 ZISIF or a collective investment fund. Once registration is verified, a specific investment may be made available only to a named person through an admissible route under Section 15(4) ZISIF, after pre-contract disclosure, a suitability assessment, AML/KYC, and compliance with any applicable PRIIPs obligations.
3. For individually admissible persons only
The public website contains general information only and is not an investment offer. Once registration is verified, specific investor materials may be provided only to a named and recorded person accepted either through route A with an actually paid investment of at least EUR 125,000, or through the limited route B within a conservatively maintained maximum of 20 persons. Both routes require an individual suitability assessment, AML/KYC, and pre-contract documentation; any retail investor also requires an assessment of the applicable PRIIPs obligations.
These materials are further excluded for:
- "US Persons" within the meaning of US securities law (Regulation S),
- persons in jurisdictions where receiving this information would be contrary to local law.
4. Risks
Investments in alternative assets and programmes of this type carry a high degree of risk, including (among others):
- possible loss of all or part of the investment,
- low liquidity of the interests · interests may not be easily transferable or realisable,
- concentration of the portfolio in a specific, relatively illiquid asset segment (the equestrian industry),
- operational risks specific to managing animal assets (veterinary events, injury, mortality),
- regulatory changes in the Czech Republic and abroad,
- currency risk for investments denominated in a foreign currency.
This is a long-term and highly illiquid investment; the capital tie-up period may run to many years. Investors should invest only funds whose potential loss would not be ruinous for them.
5. Tax implications
The tax treatment of the investment depends on the individual circumstances of each investor and may vary depending on the investor's tax residency and applicable legislation. This page does not provide tax advice.
We recommend that investors consult a qualified tax adviser before making any investment.
6. Regulatory framework
The ATAVUS program operates within a regulatory framework established in particular by the following legislation:
- Act No. 240/2013 Coll., on Investment Companies and Investment Funds (ZISIF),
- Act No. 256/2004 Coll., on Capital Market Undertakings,
- Regulation (EU) 2011/61/EU (AIFMD) and its amendments (AIFMD II),
- Act No. 253/2008 Coll., on certain measures against the legalisation of proceeds of crime (AML),
- Regulation (EU) 2016/679 (GDPR).
On 4 July 2026 the company only applied for registration on the list maintained by the Czech National Bank and does not accept investments before registration is verified. After any registration, activity under Section 15 ZISIF is not subject to CNB supervision within the meaning of ZISIF. The CNB will not exercise ongoing supervision over the manager or approve its documentation; this does not affect specific obligations under ZISIF, AML, PRIIPs, SFDR, and other applicable laws.
Tel.: +420 224 411 111 · www.cnb.cz
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