The Augustan Opportunity Fund is an investment fund created to build and manage Technology Parks where there is a growing demand for state of the art high tech commercial real estate.

Augustan represents an opportunity to invest in the successfully proven technology market and its associated services, infrastructure and mainstream markets.

Strategy

The Fund invests in developments that conform to Augustan's Four Cornerstones principle that encompasses Technology, People, Partners and Management.

Projects are located in Southern Central and Eastern Europe, in early and growth stage where there are related technology investment opportunities. 

Returns

It is anticipated that during the construction phase of the developments, investors will benefit from an increase in underlying values in the region of 20% per annum.

Upon completion the regions technology property market is expected to show growth of 5-8% per annum.

Objective

The Augustan Opportunity Fund will focus on partnerships with Governments, taking advantage of the high international demand for technology development projects. The fund will acquire discounted assets which require development or restructuring and focus on markets where there is a shortage of specialised infrastructure.

Investment Target

Luxembourg Fund Partners conjointly with its Investment Advisor is currently raising up to €25m for the Augustan Opportunity Fund.  Augustan will follow a Private Equity investment strategy.

The Augustan Opportunity Fund’s target is to invest in a diversified portfolio of development land, recreational and commercial real estate assets with initial focus on SCEE.

The fund is an exclusive member of a development consortium with local partners.

Target Internal Rate of Return (IRR) is 35%.

The Augustan Fund has completed agreements for development of €15m including assets, new investment and services. Their developed value is forecast to be in excess of €100m.

The first phase of the Sofia Technology Incubator Building is 60% funded by Government and 40% funded by Augustan. This project is now being prepared for construction. Augustan has also secured development of the Sofia data center.

Open ended SICAV SIF domiciled & regulated in Luxembourg. SIPP Approved.

Investment Managers

Coby Ltd

Fund launch date

April 2011, Subscriptions from July 2010.

Currency

Sterling GBP / Euro EUR

Initial target

£100m

Availability

Direct investment, SIPP

Eligibility

Institutional Investors, SIPP Approved, ‘Well informed’ investors and Open architecture bond approved.

Investment levels

No minimum Investment (subject to the condition that article 2 of the 2007 Law shall be respected, ‘well informed investor’)

Charging structure:

1.5 % annual management charge

Redemption charges apply up to yr 5, after 12 months holding. Liquidity management policy

Initial sales charge

Up to 5% (class A shares)
Up to 2% (class B shares)