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Company, Security and Security Operation

These three concepts model the product side of the platform — the financial instruments that investors subscribe to and the corporate events that affect them.

Company

A Company is the legal entity that issues a financial product. It is sometimes called the Issuer. A company has a type (CompanyType) that distinguishes between, for example, a private equity vehicle, or a target company.

Key attributes of a Company:

  • Corporate name and registered address
  • Legal status (SAS, SA, SARL, etc.)
  • Representatives (natural persons)

Security

A Security is a financial instrument — typically a share class of a fund or a unit in a real estate vehicle — issued by a Company. Investors subscribe to Securities through their Accounts.

Key attributes of a Security:

AttributeDescription
NameThe name of the security, might be commercial or legal name
securityTypeType of instrument
Fee patternsThe fee structures applicable to this security
query {
GetSecurities {
id
type {
code
label
}
name
stakes {
id
stakerName
}
# ...Other Security fields
}
}

→ Type reference: Security

Security Operation

A Security Operation is a planned corporate event that applies uniformly to a group of existing holders of a given Security. It is the mechanism through which the issuer manages investment and post-investment lifecycle events.

Types of Security Operations

TypeDescription
InvestmentNew subscription round opened to investors
DistributionA cash or dividend payment to holders
Capital CallA call for additional capital from holders who subscribed in tranches
CessionA sales-back of securities to the vehicle

Each Security Operation has:

  • A status (SecurityOperationStatus): openclosed
  • An associated Security
  • A set of individual transactions linked to each eligible Account

Security Operation Workflow

Example: Fetching Open Security Operations

query {
GetSecurityOperations(
securityOperationTypes: [Investment, CapitalCall]
) {
id
name
securityOperationStatus {
code
label
}
# ...Other SecurityOperation fields
}
}

→ Type reference: SecurityOperation

OperationReference
List all securitiesGetSecurities
Fetch a single securityGetSecurity
List all security operationsGetSecurityOperations
Fetch a single security operationGetSecurityOperation
Open a security operationOpenSecurityOperation
Close a security operationCloseSecurityOperation