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:
- Preference investment shares, ISIN: CZ0008045978
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
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