Upbright Investments Fund RAIF VCIC PLC
Upbright Investments RAIF VCIC PLC is designated as a registered Alternative Investment Fund, registered in the public register of RAIF Funds of the Cyprus Securities & Exchange Commission (CySEC) with reg. no RAIF24 and LEI 213800LD6ZGK3ERJOZ48.
The Fund has one investment compartment called Athens Boutique Residences (“ABR”) with ISIN number CYF000001273.
Information for Investors
The Fund is managed by Deltamark Fund Management Ltd, a regulated Alternative Investment Fund Manager holding authorization number AIFM06/56/2013 from CySEC.
The Fund is administered by BKMS Ltd, a Family office, which is licensed by CySEC with license number No 96/196 having offices in Cyprus. The Fund is aimed at well informed and professional investors with the purpose to provide pioneer solutions for investing in Greece in the real estate sector especially in high standard serviced apartment, and other high end projects, as well as allowing investors to qualify for the golden visa program in Greece.
Mr. Yacine Bougrassa, the director of the Fund, has extensive international experience in the provision of corporate consulting services as a manager and other positions in the banking sector as well as a director at BKMS during the last 18 Years by servicing high net worth clients with the utmost quality and ethical standards. He served as a member of the management committee of Société Générale with experience of managing large balance sheet.
Following the longest bull market in history, between the years 2009 to 2020, the world is expecting a long recession period and uncertain future. The pressure of uncertainty has moved markets in different directions. The volatility and uncertainty fear leaves the question in mind of the least risky investment decision in such uncertain times.
ABR was created with the aim to solve such puzzling questions. Real Assets investments in an upcoming developing market. Greece has a number of positive indicators that suggest it is the correct destination to invest in Real Estate. The recovery of the Greek economy, the increase of the foreign investments in the real estate sector, the country is one of the best-positioned places to visit, especially after Greece’s successful handling of the covid-19 pandemic suggest that the country is already back to business. Greece is the new destination of choice for investment moving from a Foreign Direct Investment level of Eur 1.1 bln in 2015 to 4.1 bln in 2019.
The Fund and its team aim to give to sophisticated investors the best opportunities sourced by experienced professionals with an operational presence in the market. Investing through a pool of sophisticated investors, hence the Fund with the strict European regulatory guidelines, and being managed by top professionals are expected to increase the chances of a sophisticated investor to capture the correct momentum of the market.
The Fund is managed and directed by experts, additionally, the expertise and sizeable AUM of the manager and the track record of the administrator and directors gives access to experts in the field who are leaders in the real estate industry from Greece and Western Europe who recommend exclusive opportunities and approaches not accessible to the average Investor.
ABR is established for sophisticated investors who believe Real assets are one of the least volatile asset classes during uncertain times compared to the traditional stocks or cash which are currently facing heavy inflationary pressures from the largest scale stimulus fiscal packages we are experiencing in our modern history. ABR targets to be well positioned for an investor seeking exposure and diversity in their portfolios in real asset classes.
Disclaimer
Upbright Investments RAIF VCIC PLC IS ADDRESSED ONLY TO PROFESSIONAL AND/OR WELL-INFORMED INVESTORS.
Upbright Investments RAIF VCIC PLC IS NOT AUTHORISED BY CYSEC AND ITS REGISTRATION IN THE RAIF REGISTER HELD BY CYSEC IS NOT EQUIVALENT TO AN AUTHORISATION BY CYSEC.
Contact details
The Fund is not open to public, for more information regarding the Fund you can contact:
The Fund administrator BKMS LTD
[email protected]
tel. + 357 22 265 360
or the Fund Manager
[email protected]
tel. + 357 22 429 999.