Economy February 18, 2016 - 2:17 pm

Social impact prompts VICINI name swap to INICIA

Santo Domingo.- VICINI chief executive Felipe Vicini on Thursdayannounced the Group’s name change to INICIA, a decision he affirms is inspired by the vision andsocial impact of its educational investment fund.

"We inverted the surname VICINI to result INICIA, aname that reflects our heritage and at the same time represents our evolutionin asset management," Vicini said.

Both Felipe and Amelia Vicini stressed INICIA’s committedto generating long-term value for the development of Dominican Republic and theregion

Felipe Vicini said the asset management model through itsmutual funds are co-managed by specialized administrators.

"Some of these funds are: Energy and Industry managedby Putney Capital Management; Financial Services, administered by PostPartners; Real estate assets managed by TERRA RD Partners; Recovery AssetManagement managed by DAF; INICIA Education administered by Education Managers;and food and beverage advised by IBS Investment Management," the executivesaid.

COVID-19

April 30, 2024 - 10:04 am

SeNaSa hires more than 1,500 doctors

April 26, 2024 - 9:23 am

Pro Consumidor clears rice brands of harmful metals

April 22, 2024 - 1:21 pm

Ney Arias Lora Hospital and CMD appeal ruling

April 15, 2024 - 8:40 am

Cyber attack exposes Covid-19 vaccination records in Dominican Republic

MOST READ

World

Seven countries to contribute mission agents to Haiti

Tourism

Cuba shows interest in exploring opportunities in Dominican tourism

Local

Scientific study reveals oil generation potential in Dominican Republic’s basins

Tourism

Hyatt to add 1,000 rooms in Dominican Republic with two new hotels

MORE NEWS

Local

ICC Entrepreneurship Center to foster international trade in the Dominican Republic

Local

EDESUR Dominicana unveils Operational Plan for 2024 Elections

Economy

DGII records RD$94,760 million collection in April

Tourism

US Consul affirms: Dominican Republic is a safe tourist destination