Publity Performance Fund Fully On Course
Forecast objectives partially significantly exceeded the publity performance Fund, as in the previous years, in 2012 superbly developed. The prospected objectives were met in all, partly even significantly exceeded. So the first public fund invested “task force NPL funds no. 1” until the beginning of the year 2011 5.8 million in three NPL portfolios. The revenues of part of are currently 213% of the acquired shareholders ‘ equity after a processing time of between 17 and 28 months. Prescheduled made distributions amounting to 50% of the paid-up Kommanditkapitals, a further dividend again 50% was early December 2012.
“With the recent performance of our funds we can be very satisfied”, says Thomas Olek, CEO of publity AG. “Our No. 1 fund investors received back completely their paid-up capital at present. Currently we can even assume that the duration of the publity Fund is a no. 1 before end of 2013 ends and investors get higher yield than forecast in the prospectus”, so Thomas Olek next. The investors of the publity performance could appreciate a premature Christmas Gift Fund No. 2. Instead of the distribution in the amount of 10% of the investment announced in the prospectus, investors already received a double dividend by 20%.
Between April 2011 and August 2012, the publity Fund No. 2 in total has acquired 12 loan portfolios to a total purchase price of EUR 22 million. Since the beginning of the turnaround in the third quarter 2011 total revenues made amounting to EUR 12.3 million, which to date is a reflux ratio of 61%. Fund No. 3 was closed in August 2012 with acquired equity in the amount of EUR 22 million in advance the publity performance. Until the 20.11.2012 was paid, how the early artist bonus prospects, investors. Until the end of the year 2012 is, despite the previously short processing time, collecting revenues of EUR 2 million to be expected.