The Fund has recently been launched by the leading German shipping group. The investment focus are maritime real assets.
The fund authorised as an alternative investment fund (AIF) by CySEC, aims to initially raise US$120M. Applying a strong focus on investor protection at all times, it targets investments in handysize and supramax bulk carriers and feeder sized container vessels aged between 4 and 15 years. However, other types of tonnage or different sizes will be considered as well depending on market conditions. The Fund’s teaser is available for your reference upon request.
The units of the Fund qualify as an eligible investment for the ‘Scheme for Naturalization of Investors in Cyprus by exception’. It therefore offers an investment opportunity in an asset class with great scope for diversification, which previously was not available under this scheme.