Ariel Fund
Ariel Fund

ARIEL FUND

The Ariel Fund was a closed-end real estate alternative investment fund reserved for professional investors. The objective of the Fund was to generate a return for the Unitholders by managing its assets and related risks through collective investment. The Fund started its operations on 9 March 2018.
Following the completion of the sale of the only asset held by the Fund, finalized on 17 March 2022, the Board of Directors of the SGR resolved the early liquidation of the fund.

PRODUCT FEATURES

DENOMINATION/NATURE
FONDO ARIEL – Alternative Real Estate Investment Fund Reserved
MANAGER
Polis Fondi SGR.p.A.
RECIPIENTS
Professional investors
DURATION
30 years + possibility of extension through regulation amendment + grace period not exceeding 3 years.
ASSET ALLOCATION STRATEGY
Income, trading, development, and/or enhancement.
DESTINATION
No limitation on the use destination of real estate investments.
START DATE OF OPERATIONS
09/03/2018
PROFIT DISTRIBUTION REGIME
The proceeds are typically distributed in an amount not less than 80% of them, on a semi-annual basis.
DEPOSITARY
Nexi S.p.A.

DOCUMENTS

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