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Lords LB Private Equity Fund III

About the fund

In order to invest into the gas and oil sector in the Baltic States, closed-end fund for informed investors Lords LB Private Equity Fund III started its activities on 25 October 2016. The key goal of the fund is to earn for the investors return from the investments into extraction of gas and oil, supply and storage facilities and related assets in the Baltic States.

Structure
Closed-end fund for informed investors
Strategy
Income generation
Target
Oil and natural gas sector
Geography
Baltic states: Estonia, Latvia, Lithuania
Fund size
25 000 000 $
Committed capital
6 144 210 € (6 438 650,80 $)
Start date
2016-10-25
Term
8 years (+2)
Target return
12 %

Fund performance

Payouts mln. €
Net Asset Value of one fund unit in €
show:
1 year
6 months
2 years
Since inception

2019 January 31

Net Asset Value
7'956'954 €
Fund unit price
0,8480 €
Since inception
-1,41 %
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019

-1,41%

7'956'954

0,8480

2018

8,25%

5'655'459

0,8784

6,39%

5'629'515

0,8743

5,89%

5'616'662

0,8723

3,49%

5'585'720

0,8675

0,13%

5'545'636

0,8613

0,20%

5'539'269

0,8603

0,25%

5'532'695

0,8593

0,19%

5'524'787

0,8581

-0,56%

5'507'787

0,8554

-1,72%

5'482'988

0,8516

-1,65%

7'979'812

0,8504

-1,24%

7'968'531

0,8492

2017

233,32%

6'607'763

1,0677

63,38%

6'629'062

1,0296

46,10%

6'618'928

1,0280

40,54%

6'619'168

1,0280

37,12%

6'626'386

1,0292

37,54%

6'635'081

1,0305

35,25%

6'633'904

1,0303

28,43%

6'598'742

1,0249

22,19%

6'570'053

1,0204

22,47%

6'571'476

1,0206

5,00%

5'640'804

0,8761

2016

44 194,06%

6'211'171

1,1478

i
Pro forma IRR (Since inception). %
i
Net Asset Value
i
Unit amount.
*
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.
Payouts mln. $
Net Asset Value of one fund unit in $
show:
1 year
6 months
2 years
Since inception

2019 January 31

Net Asset Value
9'094'002 €
Fund unit price
0,9692 €
Since inception
-1,41 %
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2019

-1,41%

9'094'002

0,9692

2018

8,25%

7'024'646

1,0900

6,39%

6'924'867

1,0755

5,89%

6'920'289

1,0748

3,49%

6'741'964

1,0471

0,13%

6'450'684

1,0000

0,20%

6'457'680

1,0030

0,25%

6'464'401

1,0000

0,19%

6'459'581

1,0033

-0,56%

6'375'814

0,9902

-1,72%

6'235'254

0,9684

-1,65%

9'086'612

0,9684

-1,24%

9'127'156

0,9727

2017

233,32%

7'024'052

1,1350

63,38%

7'018'188

1,0900

46,10%

7'106'744

1,1038

40,54%

7'234'751

1,1236

37,12%

7'562'694

1,1746

37,54%

7'782'287

1,2087

35,25%

7'904'960

1,2277

28,43%

7'790'475

1,2100

22,19%

7'629'145

1,1849

22,47%

7'772'085

1,2071

5,00%

6'765'016

1,0507

2016

44 194,06%

6'492'537

1,1998

i
Pro forma IRR (Since inception). %
i
Net Asset Value $
i
Unit amount. $
*
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.

Fund Activity reports

Lords LB Private Equity Fund III

Important information

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 info@lordslb.lt Read the prospectus and other Fund documents carefully before investing.

Read more

Contacts

Phone No.:+370 5 261 94 70
E-mail:info@lordslb.lt
Address:Jogailos str. 4, LT-01116 Vilnius, Lithuania
Press:justas.vaitkevicius@lordslb.lt