INVL Asset Management launches new fund INVL Partner Power Opportunities Fund
September 04 2024 - 9:15AM
UK Regulatory
INVL Asset Management launches new fund INVL Partner Power
Opportunities Fund
INVL Asset Management, a part of Invalda INVL, the leading asset
management group in the Baltics, has launched the INVL Partner
Power Opportunities Fund as a new closed-end fund for informed
investors.
The INVL Partner Power Opportunities Fund will invest mainly in
the fund managed by a leading global investment manager
specialising in alternative investments. The latter fund will focus
on investments in companies that do not directly operate in energy
production or infrastructure development but do business in sectors
benefiting from global energy transition.
“INVL Partner Power Opportunities Fund will give Baltic
investors access to a fund that will invest in companies whose core
business involves the provision of products and services to
critical infrastructure facilities (including electricity, natural
gas, water and wastewater) in North America and Europe. We're
giving our clients the chance to invest in a product of an asset
manager with a world-class reputation,” says Paulius Žurauskas, the
CEO of INVL Asset Management, which established the INVL Partner
Power Opportunities Fund.
INVL Asset Management's new INVL Partner Power Opportunities
Fund is starting operations as a closed-end investment fund for
informed investors following approval of the fund’s rules by the
Bank of Lithuania.
Distribution of the investment units of the INVL Partner Power
Opportunities Fund starts on 4 September. The fund's units are
being distributed in the Baltics by the financial brokerage firm
INVL Financial Advisors, which operates in Lithuania under the INVL
Family Office brand. Distribution of the fund in Latvia and Estonia
will begin after the necessary notification procedures.
The minimum investment in the INVL Partner Power Opportunities
Fund for informed investors is USD 145,000. It is expected to
achieve an average annual return of 16-18%. The anticipated
duration of the fund is 10 years.
The person authorised to provide additional information:
Paulius Žurauskas
CEO of INVL Asset Management
E-mail paulius.zurauskas@invl.com
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