EVERGENT Investments has been authorized as closed and self-managed Retail Investors Alternative Investment Fund, with a diversified investment policy, in compliance with the resolutions of the FSA meeting on 23rd June 2021, posted on the FSA website.
Therefore, the transition from non-UCITS (the former regulation form) has been completed, EVERGENT Investments becoming an alternative investment fund (AIF), the unitary regulatory framework in the EU.
“We are long-term investors. That is why to generate investment performance is an essential objective in our activity. The authorization as an alternative investment fund opens up a new chapter in our company and enables us to speed up the strategic process of investing in private equity projects. Our investment philosophy is focused on growth and now we have an expanded universe of opportunities through the possibility of investing in real estate asset portfolios, corporate bonds not admitted to trading, shares of limited liabilities companies whose financial statements are audited in compliance with the law and other instruments.
We are confident that a sustained active management of EVERGENT portfolio will significantly multiply our shareholders’ capital. Our listed portfolio is being built by dynamic allocation, different from the structure of BSE indices. Therefore, we have the capacity to generate alpha and to obtain double-digit yields on our assets, for our shareholders. The authorization as an AIF, with the new limits and investment instruments, can add value to our assets through exposure to different derivative financial instruments, under the medium-risk profile, both for hedging and investment purposes. We, together with the investment community and BSE, will create the necessary framework for Central Counterparty Clearing functioning but also for listing derivative financial instruments specific to such operations, in an optimal timeframe.
In Green Deal context, we could seize opportunities offered by trading green certificates, greenhouse gas emission certificates or other instruments that can add extra return to our shareholders.
By increasing the cash limit or equivalent from 10 to 20% of EVERGENT assets, we can always ensure the necessary liquidity for seizing some investment opportunities in a very short time.
Private equity projects differentiate ourselves from other market players and bring us an exceptional risk/ return ratio, with a significant profit in the long run for our shareholders. We support the companies we invest in so that they can reach their maximum potential. Therefore, the new AIF framework allows us the allocation of up to 40% of assets to such type of projects. With regard to the investment perspective in the years to come, we will continue our exposure in agribusiness and real estate, but we can also develop our activity in fields that interfere with the two major current topics: technology evolution and environmental change. For instance, we are looking towards finding and developing companies with technology for clean resources (water, soil, air) and green energy (photovoltaic).
We have decided that our company should support the whole community. On a larger scale, our investments play both an economic and a social role, by allocating capital to companies that have long-term prosperity perspectives, which act under the ESG criteria. Fulfilling this responsibility requires a common effort of the whole entrepreneurial and institutional environment.
Therefore we will transparently explore new opportunities under the Corporate Governance Code of EVERGENT Investments, keeping our investors and regulation authorities continuously informed. We have understood that transparency, but also the free movement of capital, are essential things for the European Union, for Romania and for the accelerated growth of our capital market.” stated Mr. Claudiu Doroș, President CEO of EVERGENT Investments.
EVERGENT Investments, the financial investment company with a 30-year experience on the Romanian capital market, is a pioneer contributing to the development of the community it takes part in. By applying a well-articulated and responsible strategy, EVERGENT Investments efficiently takes advantage of investment opportunities, on the capital market as well as through private equity projects.
The key elements of EVERGENT Investments strategy, the listed company with the highest capitalization in Romania, are based on a resource allocation that can ensure the sustainable development of EVERGENT Investments as well as the satisfaction of the shareholders’ interests, both on the short and long term.
EVERGENT Investments has exposure on the Romanian capital market mainly in listed shares of companies in the banking and energy sectors, together with the implementation of private-equity projects which are meant to ensure extra return in the long term. Likewise, it can invest in investment funds, monetary instruments and government securities. These investments optimally manage the temporary liquidities of the company, especially when markets go through high volatility times. The company can also invest in derivative financial in order to meet its investment objectives, under the medium-risk profile both for hedging and investment purposes. The principles of selecting the financial instruments out of the EVERGENT Investments portfolio always rely on obtaining higher returns and managing the associated risk.