Locked content Altus TFI will close 6 funds

Altus TFI asset manager decided to liquidate six subfunds. As of September 5, the net asset value of the funds amounted to PLN 128.7 million. The total value of net revenue from these funds amounted to PLN 2.1 million in H1 and accounted for 3 percent of total revenue, Altus TFI said. Equity, Polish...

Locked content Innova Capital raises €194 mln for Innova/6 fund

A private equity firm Innova Capital confirmed the first closure of the fund Innova/6  with €194 million, the fund said.  The minimum capital level for this fund was set at €150 million. Over the 12 months before the first closure, Innova reached 60 percent of the investment limit of  €325 million, ...

Locked content BPH not selling fund management firm

Bank BPH has withdrawn from selling its fund management unit, BPH TFI, the lender said in a statement on Wednesday. Neither of the offers presented by potential buyers has proved satisfactory from the point of view of BPH, the bank said. “In making the decision, macroeconomic and regulatory conditio...