General information

Key points about the Fund


VENDEAVOUR Private Equity Fund SICAV a.s.

Maříkova 1899/1, Řečkovice, 621 00 Brno

Business ID: 08613893

The Fund is a company incorporated in the Commercial Registry maintained by the Regional Court in Brno, Section B, Insert 8254.


Type of fund: Qualified investor fund

Legal status: Joint-stock company with variable capital (SICAV)

Focus area: Private equity - small and mid-sized companies in the Czech Republic and beyond

Investment horizon: 5+ years

Fund duration: Unlimited

Subscription frequency: Monthly

Redemption frequency: Monthly

Redemption maturity: 4/7 months per the volume of redeemed investment shares (after 3/6 months the shares are further valorised)

Minimum investment: CZK 1 mil.

Type of securities for public subscription: The Fund issues five classes of book-entry registered investment shares, and offers the following for public subscription:

Target return: 6-10 % p.a.

Participation in return:

  • Preference investment shares - return of min. 6% p.a. + 50% from return over 6% p.a., max. 10% p.a.

Entry fee: Max. 3% (a lower fee may be negotiated for larger investments)

Exit fees: 10% of the value of the redeemed shares if a shareholder asks for a redemption of investment shares before 36 months have elapsed from their subscription.

0% of the value of the redeemed shares if a shareholder asks for a redemption of investment shares if more than 36 months have elapsed from their subscription.

Fund manager: AVANT investiční společnost, a.s.

Fund administrator: AVANT investiční společnost, a.s.

Fund depositary: UniCredit Bank Czech Republic and Slovakia, a.s.

Fund auditor: BDO Audit s.r.o.

Regulating body: Czech National Bank


Fundamental Fund documents: