STRATEGIC ASSET ALLOCATION
ENDOWMENT FUND
- Our task is to manage a diversified family fund that operates indefinitely (in perpetuity), intended to sustainably support its beneficiaries.
- The fund invests in 4 asset classes: fund of funds, private equity, real estate, and liquid assets.
- We ensure systematic asset value growth at a rate exceeding inflation with limited risk and stability in payouts.
- Our investment horizon is 15 years (half the time to the maturation of a generation) during which the fund should at least double its value to maintain its purchasing power in the context of inflation.
DIVERSIFICATION AND INVESTMENT DISCIPLINE
- We expect the asset value increase resulting from safe investments to exceed the sum of consumption expenditures and management-related expenses.
- Our investments are made adhering to specified rules concerning diversified asset allocation of the portfolio.
- Long-term diversification is subject to periodic evaluation, following which we perform tactical asset allocation in response to market signals.
STRATEGIC ASSET ALLOCATION PROCEDURE
FOUNDATIONS OF STRATEGIC ASSET ALLOCATION
- various asset classes,
- multiple managers and administrators,
- low correlation between investments,
- geographical diversification,
- investment discipline,
GLOBAL FAMILY OFFICE ASSET ALLOCATION 2022
Data: Global Family Office Report 2023, UBS
FUND OF FUNDS
LONG-TERM RETURN
- Investment areas: venture capital funds, private equity, private debt,
- Investment period: 10 years – fund value growth strategy | long-term – dividend strategy,
- Collaboration: fund management entities,
Investments in funds are made in collaboration with other family offices and fund management entities.
INVESTMENTS
BTQ FAMILY FUND (Poland) (dividend strategy) – a family fund consolidating the assets of 7 families.
INOVO VENTURE (Poland) (value growth strategy) – a Polish VC fund investing in startups from the CEE region.
FOUNDERS FUND (USA) (value growth strategy) – an American VC fund financing startups with breakthrough potential (e.g., Spotify, Linkedin, Asana, Facebook, SpaceX, Airbnb).
PRIVATE EQUITY
HIGH GROWTH
- Investment areas: industry, innovations in industry, food production and distribution, healthcare, finance, and investments,
- Investment period: 4-6 years – company value growth strategy | long-term – dividend strategy,
- Capital cooperation: foreign family offices | private equity | operational managers,
Company investments are prepared independently in cooperation with other family offices and fund management entities.
INVESTMENTS
MANGATA HOLDING (Poland) (dividend strategy) –
an industrial production holding listed on the Warsaw Stock Exchange, specializing in segments: automotive, industrial fittings, and fasteners.
VIRIDIUS LAB (Austria) (consolidation strategy) –
a network of laboratories in Central Europe in environmental, food, and pharmaceutical analyses, integrating the market through acquisitions.
MANTARO (Germany, USA) (consolidation strategy) – consolidation of e-commerce stores in Europe and the USA in health and lifestyle sectors.
IBERIAN VENTURES (Spain) (consolidation strategy) – consolidation of the Spanish fire protection market.
REAL ESTATE
STABILIZATION
- Investment areas: residential estates, shopping centers,
- Investment period: 5-7 years,
- Capital cooperation: participation in RSIG investment structure,
Real estate investments are prepared and executed through the management team of Royal Sail Investment Group – an entity dedicated for this investment area. Project financing is done through RSIG ASI investment structure managed by RSIG Management Sp. z o.o.
INVESTMENTS
- Nowy Manhattan (Zduńska Wola)
- Filmowa Residence (Łódź)
- Nowy Młodzieniaszek (Pabianice)
- Osiedle Dubois (Łódź)
- Osiedle Termalne (Poddębice)
- Osiedle Żeromskiego (Zduńska Wola)
LIQUID ASSETS
LIQUIDITY
- Financial instruments: liquid financial market instruments, low and medium risk level,
- Investment period: 3-5 year strategy with the option to exit the investment within 1 month,
Liquid investments are carried out internally and in cooperation with foreign asset managers, family offices as well as domestic and foreign banks.
INVESTMENTS
ZPI FAMILY OFFICE MANAGER SELECTION PORTFOLIO
a dedicated liquid portfolio with an absolute return strategy consisting of international investment funds with a medium-term strategy (3-5 years) managed by an internal portfolio manager.
Reference currency – EUR.
INVESTMENT PORTFOLIOS
co-investment portfolios at reputable banks with a medium-term strategy (2-3 years) managed by external portfolio managers.
Reference currencies – EUR, USD.