Renaissance ELTIF is a sub-fund of the Luxembourg-registered Kairos Alternative Investments Sicav. It is the first Kairos ELTIF and one of the first Alternative PIRs on the market, which invests in predominantly Italian businesses with excellent growth and development prospects.
It is a product suitable for customers with good financial preparation and a high capital capacity. The tax exemption that characterizes the Alternative PIRs makes this type of solution even more interesting.
The Fund is available for subscriptions until May 14, 2021. It was created to facilitate investments, by institutional subjects and private investors, in business projects that require the use of long-term capital, so that the duration of the investment is 6 years with possibility of extension for a further 2 years. The duration cannot in any case be extended beyond 31 December 2028
Recording date October 2020
Close endedAlternative InvestmentFund (AIF)
Active management style, intended as the ability to select investment opportunities thanks to the deep knowledge of a vast universe of Italian and European SMEs
Achieve adequate risk-adjusted returns on a diversified portfolio of investments aimed at financing projects with an average duration of 5 to 7 years