Gold Magazine Special Funds’ Feature March ’21: Imperio Capital under GMM Fund Management
Imperio Capital’s objective is to pursue unique opportunities for investing in income-generating residential and commercial properties in Cyprus. The fund seeks to maximise total returns through timely investments, active management and the subsequent sale of the properties, aiming to further capitalise on their upside potential.
Imperio Capital’s Target IRR is achieved through a combination of attractive rental yields, capital appreciation, professional property management and effective tax planning.
Imperio Capital offers attractive return forecasts. It is man- aged by a very experienced team with solid cross knowledge in the areas of fund raising, property development, property management and asset management.
The Fund’s strategy, together with its strong target market knowledge and its efficient structure, form its main elements of success.
Fund Structure: Open-ended
Legal Structure: Variable Capital Investment Company
Life Duration: Indefinite
Management: Externally Managed
External Fund Manager: GMM Global Money Managers AIFM Ltd
Depositary: Eurobank Cyprus Ltd
Fund Administrator: Pricewaterhousecoopers Fund Services Ltd
Legal Advisors: Deloitte Legal – Hadjianastassiou, Ioannides LLC
Auditors: BDO Ltd
Leverage: Working Capital Credit Facilities of up to 25% of NAV
Reference Currency: EUR (€)
Number of Investors: Unlimited
Type of Investors: Professional and Well-Informed
Subscription fee: No subscription fee
Fund Expenses: Up to 1.2% of NAV of the Fund
Redemption: Redemption period starts after 3 years with an annual redemption allowance at 25% of NAV and Redemption in Specie is allowed. No redemption fee applies.
Targeted return (IRR): 7,5% p.a.
NAV Calculation: Semi-annually
Min Subscription Amount: €125,000
“Imperio Capital – Property Income Fund I offers a unique opportunity for investing in income generating Real Estate Properties in Cyprus, aiming at high gross annual rental yields, through the employment of leasing and repositioning strategies.”
– Nicholas Ayiomamitis, FCA, Investment Committee Member
Disclaimer: Imperio Capital RAIF V.C.I.C. Plc is a Registered Alternative Investment Fund addressed to professional and well-informed investors. It is registered with the Cyprus Securities and Exchange Commission (CySEC) under Registration No. RAIF26 and it is externally managed by GMM Global Money Managers AIFM Ltd which is regulated by CySEC under License No. AIFM 33/56/2013. Any projections, estimates, forecasts, targets, prospects and returns contained herein are not a reliable indicator of future performance.