| Legal form |
Sub-fund of INVL Alternative Assets Umbrella Fund, a closed-ended composite investment fund for informed investors
|
| Management company | INVL Asset Management UAB |
| Sector of activity | The subfund acts as a feeder fund for a distressed debt fund established by a world-class investment management firm. |
| Date of incorporation | 2020 September 14 |
| Placement agent | UAB FMĮ „INVL Finasta“ |
Assets of the subfund consists of interest in fund managed by third party asset manager. Investment strategy employed by this manager involves acquisition of discounted debt securities issued by prominent companies with well established business model and acquiring of bank loans in respect of aforementioned companies. Investment returns are achieved through workouts or other means directed to increase of value to par of such acquired obligations.