Fund PARTNERS Fond realitných investícií from the management company PARTNERS ASSET MANAGEMENT has decided for a major investment in the third ARETE fund
Prague, 29th of November 2021
PARTNERS Fond realitných investícií from the management company PARTNERS ASSET MANAGEMENT has decided to invest a significant part of its fund capital in the ARETE Industrial fund. This investment brings undeniable benefits to both funds. The third fund of the ARETE group acquires another strong institutional investor who fundamentally appreciates the fund's strategy based on closed investment cycles. PARTNERS Fond realitných investícií brings to the market a unique product that enables participation in the income from large real estate projects that have so far been unavailable to most retail investors. The volume of assets under management by the PARTNERS Fond realitných investícií fund should reach EUR 250 million within five years.
"The third fund of our group is focused not only on qualified investors, but especially on institutional investors. For this year, we have set ourselves the goal of completing the entry of at least one major institutional investor. We have now succeeded and we are very pleased that the management company PARTNERS ASSET MANAGEMENT has decided to allocate up to a third of the total assets under management of the open-end mutual fund PARTNERS Fond realitných investícií for investments in our ARETE Industrial fund. Our fund thus becomes practically an anchor investment of this new fund of the company PARTNERS ASSET MANAGEMENT. Their decision, which was preceded by a very thorough analysis of our fund's strategy and investment parameters, is proof that our results so far, returns actually paid to investors, emphasis on strict adherence to the investment horizon, but especially our responsible approach to fund administration and management bring investors far more transparent and a more credible investment model than the competition. At the same time, it is a new experience for us that through the fund PARTNERS Fond realitných investícií, retail investors in Slovakia can participate in the income of our fund for the first time,” said Lubor Svoboda, co-founder of the ARETE Group.
Jakub Rosa, Investment Director of the management company PARTNERS ASSET MANAGEMENT, continues in the same spirit: “The goal of the fund PARTNERS Fond realitných investícií is to bring PARTNERS GROUP SK clients diversification of stock-bond portfolios by the inevitable alternative part in the form of real estate. The fund's investment strategy is unique in Slovakia. In cooperation with established players in the regional real estate market, we present the most effective solutions, through which we will allow ordinary investors access to another league. For us, the inclusion of the ARETE Industrial fund represents a long-term strategic cooperation based on mutual partnership. We especially appreciate the unique strategy, professional approach and long-term experience of the fund's representatives, confirmed by results. The combination of these factors allows investors of the fund PARTNERS Fond realitných investícií to participate in a first-class product that they would not normally be able to touch. In terms of our fund allocation, ARETE Industrial diversifies portfolio by logistics and light industry, which has become the most sought-after asset in the commercial real estate market since the pandemic. Our investors also perceive the aspect of local patriotism positively, through the development of the regional economy and participation in the development of local projects, often at an accessible distance from their place of residence."
About PARTNERS ASSET MANAGEMENT The management company PARTNERS ASSET MANAGEMENT entered the Slovak financial market in 2021 with the ambition to increase the availability of quality investment opportunities for investors. The flagship and at the same time the first fund managed by the management company is the real estate fund PARTNERS Fond realitných investícií. PARTNERS ASSET MANAGEMENT is part of the financial group PARTNERS GROUP HOLDING SK. It uses the synergies and know-how of the holding's sister company with many years of experience in the field of financial intermediation, capital market and insurance. More information at www.partnersasset.sk.
More in the press release published on https://lnkd.in/dJHxiH-i. Only in Czech.