Final quarterly valuation of Fund I completed
Net asset value is CU 3.82 billion. The final-distribution proposal goes to the November holder meeting.
Investor information →Obligations, entered in the ledger.
All thirteen public entries →Scroll across the ledger → Return beneficiaries, loss bearers and status are on the right. Focus the table and use the left/right arrow keys.
| ID | Asset & maintenance obligation | Location | Fund | Entry | Until | Return beneficiary | Loss bearer | Status |
|---|---|---|---|---|---|---|---|---|
| OB-2104-03 | Housing Well 14: old staircase to the open-air terrace — cleaning, lights, handrails and fire doors | Housing Wells | I | 2104 | 2151 → successor pending | None | Fund I holders, pro rata | Successor sought |
| OB-2107-01 | Sanatorium Ring link — axial docking ring, airlock and rotating bearings | Huantian axial hub · Sanatorium Ring | I | 2107 | 2151 → Fund VI | Sanatorium Ring operating-fee share | Fund I first loss; patient mutual-aid society second loss | In transfer |
| OB-2109-02 | Old Human Culture Hall: classic-mechanism reconstruction workshop — machine tools and lifting equipment | Upper District | I | 2109 | Transferred to Maintenance Guild, 2150 | Workshop membership fees | Fund I | Transferred |
| OB-2112-01 | Inner Sea embankment, pump station 3 — pumps, gates and corrosion protection | Lock Harbour · Inner Sea | II | 2112 | 2161 | Port Authority lock-fee share | Fund II holders, pro rata | Normal |
| OB-2118-01 | Ground-segment maintenance for a long-voyage project; name and counterparty withheld under agreement | Withheld | II | 2118 | 2168 | Withheld | Fund II | Confidential |
| OB-2123-02 | Inner Sea City public canteen: old shoreline wall — retention, strengthening and lights | Inner Sea City | II | 2123 | 2161 | None | Fund II | Normal |
Latest notices
Second close of Fund VI
CU 61.2 billion committed. The largest bloc contribution is 14.8%, within the 15% ceiling.
Investor information →A successor for the staircase in Well 14
Cleaning, lights, handrails and fire doors: all four obligations must transfer together.
Investor information →2150 annual-report summary released
Net return 3.1%; 22 obligations added, three not completed on time.
Investor information →Board advises against a higher contribution ceiling
The proposal to raise Fund VI’s limit from 15% to 20% goes to the holder meeting.
Investor information →Review meeting and cooling-asset statement
The first review reached no conclusion on discharge allowances. The agreement to reconvene in ten years stands.
Investor information →Five rules for lasting capital
Origins and governance →- 01
Fifty-year terms
Each fund runs for exactly fifty years. A new fund begins every decade. When the first closes and the sixth takes over, five remain in operation.
- 02
Obligations travel with assets
Every investment carries a named maintenance obligation throughout its term. At expiry it goes to a named successor; it cannot be abandoned.
- 03
Returns and losses have names
The ledger names who receives returns and who bears bad debt. Holders share non-revenue obligations pro rata.
- 04
No ultimate control
Public institutions retain ultimate control and the right to shut down city facilities. Our voting rights never exceed one third in any asset.
- 05
Neutrality
No single signatory bloc contributes more than 15% to any fund vintage.