Mundus Bridge Finance, a private debt fund of INVL, the leading investment management and life insurance group in the Baltics, signed an agreement on a EUR 7 million bond programme with Juno Estate.
Juno Estate, which operates in the timber and forestry industries, will use the funds raised from Mundus Bridge Finance to finance the acquisition of forest and agricultural land and the expansion of its business in foreign countries. The bond programme will be implemented in tranches. Mundus Bridge Finance acquired part of the bond issue (EUR 2 million) at the time of signing the agreement and will purchase the remaining bonds later.
Mundus Bridge Finance, an open-ended fund for informed investors, seeks a stable long-term return by investing in private debt securities of companies in the fast-growing alternative finance sector and providing bridge financing for projects of various types. Since its launch in 2015, the fund has completed 21 transactions. At the end of May 2023, Mundus Bridge Finance had assets under management of EUR 27.6 million.
Mundus is wholly owned by INVL Asset Management, a part of INVL – the leading investment management and life insurance group in the Baltics.
Important notice
This is a marketing communication of information nature, which is not and shall not be construed as an offer to purchase investment units or bonds of a collective investment or obligations undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs any individual investor.
When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and an investor may recover less than he/she/it has invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, a potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the rules, prospectus and other documents of the respective collective investment undertaking.
Units of this collective investment undertaking, mentioned in this press release may only be distributed to informed investors as defined in the Law on Collective Investment Undertakings for Informed Investors of the Republic of Lithuania, as amended and supplemented from time to time, and may not be distributed and transferred to any other clients.
About INVL
INVL is the leading investment management and life insurance group in the Baltics. Its companies manage pension and mutual funds and life insurance directions, individual portfolios, private equity, and other alternative investments. Over 300,000 clients in Lithuania, Latvia and Estonia and international investors have entrusted the group’s companies with the management of more than EUR 2 billion of assets. In the business for more than 30 years now, the group has solid experience in managing private equity assets and building market players that are leaders in their respective fields in the Baltic countries and Central and Eastern Europe.
INVL and Šiaulių bankas merged their retail services as of 1 December 2023.
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INVL and Šiaulių bankas merged their retail services as of 1 December 2023.