INVL Partner Power Opportunities Fund raises USD 24.71 million from investors
November 11 2024 - 2:45AM
UK Regulatory
INVL Partner Power Opportunities Fund raises USD 24.71 million from
investors
The INVL Partner Power Opportunities Fund, a closed-end fund for
informed investors launched in September 2024 by INVL Asset
Management, the leading Baltic alternative asset manager, which is
a part of the Invalda INVL Group, has raised USD 24.71 million from
investors.
A total of 71 investors have invested in the fund. The fund’s
investment units were distributed in the Baltics by the financial
brokerage firm INVL Financial Advisors, which operates under the
INVL Family Office brand.
“Once again, we see that investors in our region warmly welcome
world-class investment opportunities like this. Allocation to this
fund not only helps investors to diversify their portfolios and
achieve long-term capital growth, but also allows them to
contribute to positive changes in the energy and infrastructure
sectors on a global scale.” says Asta Jovaišienė, the Head of INVL
Family Office.
The minimum investment amount in the INVL Partner Power
Opportunities Fund is USD 145,000. This closed-end fund for
informed investors is expected to achieve an internal rate of
return (IRR) of 16-18%. The anticipated duration of the fund is 10
years.
The INVL Partner Power Opportunities Fund will invest mainly in
a fund managed by a leading global investment manager specialising
in alternative investments. The latter fund will focus on
investments in companies operating in North America and Europe that
do not directly operate in energy production or infrastructure
development but do business in sectors linked to the global energy
transition. They provide products and services to critical
infrastructure facilities, including electricity, natural gas,
water and wastewater.
The person authorised to provide additional information:
Paulius Žurauskas
CEO of INVL Asset Management
paulius.zurauskas@invl.com
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