Special limited partnership (SCSp) vs Société Anonyme (S.A.)
"Benedikt recently discussed your case with a tax expert and it came out that an implementation via a limited partnership structure would be suboptimal for your case. For this reason the offer was made with a Société Anonyme, as you will notice.
As far as I understood from Benedikt, with this newly proposed variant a tax event is triggered only at the time of payment to the investors and not as with the limited partnership structure at each transaction inside the fund.
You will certainly receive more detailed information directly from Benedikt at first hand upon request."
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