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The Warsaw Voice » Business » September 30, 2011
Business & Economy
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Secus Aiming High
September 30, 2011   
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Independent brokerage Secus Asset Management aims to become one of the five most profitable providers of alternative forms of investment in the country over the next two years.

By the end of this year, Secus Asset Management will manage and co-manage seven closed-end funds that are an attractive form of investment during a slump on capital markets. The funds include a real estate fund and Poland’s first private equity fund that focuses on modern healthcare and is intended for retail investors. Both funds have been consistently gaining capital in the past several months. In its strategy, Secus Asset Management is focusing on asset management for individual projects in the real estate and healthcare sectors.

“The fund investing in health-sector businesses has bright prospects thanks to the very nature of the sector as well as the fund’s development strategy and the conditions underlying transactions. Medical services are not very sensitive to economic slowdowns,” says Grzegorz Pędras, CEO of Secus Asset Management. “As for the real estate fund, we expect to reach our investment target of 10-11 percent per annum by the end of this year.”

The firm also derives revenues from consulting services. In the first eight months of this year, the company completed almost zl.100 million worth of projects. Several more projects are planned for the coming months. “Despite the difficult market situation, we have four attractive share issues in the pipeline,” said Pędras. “The companies involved are expected to enter the NewConnect market by the end of this year.” Of all the projects scheduled for a NewConnect debut, software producer and distributor APN Promis has the highest capitalization.

Secus Asset Management also provides consulting services in transactions on the commercial bond market, and this year alone it has carried out over zl.30 million worth of projects.

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