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Technology

The Fund will be· looking to invest· in the giants of tomorrow and believe that with good local knowledge· and contacts and comprehensive due diligence· it will be· possible· to find· excellent opportunities .

Portfolio Monitoring Analyst

Areas of 
     Investment
Areas of 
     Investment
Areas of 
     Investment

Real Estate & Land

Prices of real· estate· in Bulgaria , right· across the board· (agricultural land· , land· with planning , residential , industrial and commercial developments) are at comparative and historic· lows irrespective of whichever valuation· model· is chosen . This situation· if anything has been greatly exacerbated by the recent banking crisis· where the market has marked down asset· prices indiscriminately across Europe . Also due to the banking crisis· there exists opportunities probably for the next· 12 months to obtain· quality·developments from distressed developers .

Leisure

Due to a favourable climate· and natural· terrain Bulgaria enjoys long· term· excellent tourism potential . Areas of particular· interest· include· ski and spa resorts in and around the capital· , Sofia .

Health Care

The Directors have· identified the outsourcing of healthcare as offering steady· long· term· growth·particularly as the effects of an ageing population in Western Europe is now making its presence· felt and is a major issue· for all political parties .

Infrastructure

There are excellent opportunities for infrastructure· projects as Bulgaria makes its transition from an emerging economy to a full· market economy .

Energy

The young· and burgeoning energy· sector offers several interesting opportunities , particularly in the renewables sector .

Renewable Energy

This is a huge growth· industry· fuelled by the world's largest energy· companies needing
to improve· their corporate· governance· profile . Bulgaria is extremely well placed to meet· this demand· offering ideal and cheap· locations for wind· farms and waste-to-energy solutions in particular.

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