top of page

CRONA FUND

The CRONA FUND RAIF V.C.I.C. PLC is incorporated under the Companies Law, Cap 113 and in compliance with Section VIII of the Alternative Investment Funds Law N.124 (I) of 2018. It is registered in the RAIF Registry held by the CySEC, under No.179 and operates in the form of a public limited liability company as an open-ended umbrella investment company of variable capital.

Company Name: 

CRONA FUND RAIF V.C.I.C. PLC

CySEC Licence Number: 

RAIF 179

CySEC Licence Date: 

11/03/2024

Company Registration Number:

HE 455434

External Fund Manager:

Eleon Capital Management Ltd.

Strategy: 

Multi-Strategy Real Estate Funds & Multi-Strategy Private Equity Fund

Depository:

Eurobank Cyprus Ltd.

Administrator:

Grant Thornton Funds Services (Cyprus) Ltd.

Auditor:

Timkas Ltd.

Legal Consultant:

Ch. P. Savvides & Associates LLC

Type of Investor:

Professional & Well-Informed Investors

Fund Type:

Umbrella Scheme

Compartments:

RAIF179_1 CRONA INCOME FUND

RAIF179_2 CRONA DEVELOPMENT FUND

​RAIF179_3 CRONA HOSPITALITY FUND

REQUEST FUND DETAILS

FUND EXTERNAL MANAGER: Eleon Capital Management Ltd

Telephone: +357 22 021634

Fax: +357 22 021635

E-Mail: fundservices@eleoncapital.com

INVESTMENT OBJECTIVE

The Fund will seek opportunities for investment in the whole spectrum of alternative investment classes, including listed financial instruments on major global exchanges such as listed equities, bonds, derivatives, money market instruments, FX and listed collective investment schemes, illiquid instruments and non-publicly listed instruments, private equity, venture capital, real estate, real assets such as luxury goods, motor vehicles, and music and movie rights.

 

The objective of the Crona Income Sub-Fund is to actively manage a portfolio that is diversified across income-producing real estate assets in Europe, that will benefit its investors with competitive returns from a focus on residential, retail, and commercial real estate in specific and strategic locations. These investments will include direct purchase of properties for rental purposes (Buy to Let), thereby generating an ongoing income for the Sub-Fund.

 

The objective of the Crona Development Sub-Fund is to invest in real estate assets in Europe, develop or redevelop these so that investors benefit. The focus is on residential, retail and commercial real estate in specific & strategic locations.

 

The Crona Hospitality Sub-Fund seeks medium to long term capital appreciation by investing primarily in private equity investments related to hospitality in Cyprus and Europe in general.

bottom of page