The closed-end real estate investment fund Lords LB Opportunity Fund II was launched on the 17th June 2011 with an aim to invest in a high-end residential-commercial real estate development projects. The Funds assets were split between Lithuanian capital Vilnius and two resort towns Druskininkai and Palanga. All the assets were sold, fund was closed successfully.
At present, the Management Company is reviewing the principles of accumulating and reflecting the success fee in the net asset value (hereinafter ‘NAV’), and in the value of investment units. As LORDS LB BALTIC FUND III (hereinafter ‘the Fund’) currently is exceeding the hurdle rate set forth in the Fund’s rules, following the planned review and the agreement of the principles of accumulating and reflecting the success fee in the NAV and in the value of investment units with appropriate regulatory authorities, the NAV and values of investment units of the Fund for December 2018 and January 2019 may be subject to change.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results. There are risks associated with investing, including possible loss of principal. Foreign investing involves currency, political and economic risk. Funds focusing on a single country, sector and/or funds that emphasize investments in smaller companies may experience greater price volatility. Investments in emerging markets, real estate, currency, fixed income and alternative investments include additional risks. Due to the investment strategy of certain Funds, they may make higher capital gain distributions than other investments. Please see prospectus for discussion of risks.
To obtain a prospectus or other important information related to this Fund, please call +370 5 261 94 70 or write a request at firstname.lastname@example.org Read the prospectus and other Fund documents carefully before investing.