INVL Forest and Land Fund raises an additional €1.3 million
INVL Asset Management's „INVL Sustainable Timberland and Farmland Fund II – Capital Fund“, a sub-fund of INVL Asset Management, which invests in forests and land in Central and Eastern Europe, has raised almost €1.3 million in additional funds from investors.
„Now in its fourth year, the fund continues to be attractive not only to local investors, but also to investors from Central and Eastern Europe. This long-term investment is appreciated by those seeking alternatives to traditional asset classes, diversification in their investment portfolio and stable returns," Asta Jovaišienė, head of the brokerage firm „INVL Financial Advisors“, which manages the INVL Šeimos biuras brand, said in a statement on Wednesday.
The units of the fund were distributed by INVL Šeimos biuras. The minimum investment in „INVL Sustainable Timberland and Farmland Fund II – Capital Fund“ is EUR 125 thousand.
In accordance with the strategy, the sub-fund invests the funds raised in the Luxembourg-based „INVL Sustainable Timberland and Farmland Fund II“, which invests in sustainable forest and farmland in Central and Eastern European countries belonging to the European Union (EU).
„INVL Sustainable Timberland and Farmland Fund II“ has raised a total of €95.2 million of capital.