New Europe Opportunity Fund
Fund Facts
| |
New Europe Opportunity Fund (Malta) |
| Manager |
Broadgate Capital |
| Investment Objectives |
To invest in development projects and cash flow-generating real estate with good potential for value growth. |
| Region |
Estonia, Latvia and Lithuania |
| Sectors |
60% residential, 40% commercial |
| Auditor |
Deloitte |
| Maximum size |
X |
| Closing date |
2007 - the Fund is fully subscribed and closed to new investors |
| Minimum investment |
EUR 100,000 |
| Currency |
EUR |
| Management fee |
2% |
| Hurdle rate |
8% (with "catch-up") |
| Structure |
Closed-end fund with 5 year investment term |
| Dividends |
The Fund’s strategy is to take advantage of the favourable Baltic tax regimes. However, there will be at least one distribution during the Investment Term to optimize IRR and investor cash flow. |
| Redemptions |
None until final liquidation |
| Liquidity |
Shares are freely tradable. BHF-BANK will handle settlement between buyers and sellers of the fund’s shares. |
Download Fund Brochure in PDF format
A copy of the brochure for the New Europe Opportunity Fund can be obtained free of charge by contacting Broadgate Capital:
Tel: +372 6177 910
Fax: +372 6177 920
E-mail: contact @ broadgatecapital.com
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