ICMIF member the Sancor Seguros Group has launched Argentina’s first public trust for investments in early-stage sci-tech start-ups. The investment trust is being offered through CITES, Sancor Seguros Group’s own venture capital initiative and the only one in Latin America. The investment trust has a nominal value of up to USD 24 million and will invest in early-stage sci-tech start-ups based in highly profitable, dynamic sectors. It is the first such investment vehicle to be authorised by the National Securities Commission (the agency in charge of the promotion, supervision and control of the capital market).