MUNDUS Asset Management is an investment manager licensed by the Bank of Lithuania. We provide asset management services for well-informed investors with the best interests of the client in mind. MUNDUS is partly owned by INVL Asset Management.
MUNDUS Bridge Finance (MBF) fund's objective is to generate stable growth of capital via private debt investments in fast growing alternative finance companies. Target companies are expected to have limited access to traditional sources of financing, yet should be able to generate strong cash flow. The engages in active strategic management of target companies, while maintaining liquidity provision with the help of revolving short-term financial instruments.
Diversifying strategy: low correlation to traditional asset classes and public markets makes MBF an attractive addition to investors’ portfolios
Preservation of capital: stable yield and low volatility of secured debt instruments facilitates capital preservation
Return potential: MBF exploits profitable opportunities in undersaturated private debt markets
High growth segment: Alternative finance is a rapidly expanding sector with an increasing number of staggering success stories
|Fund unit value:||140.5907 euro|
|Fund unit value change over the month:||0.58 percent|
|Fund unit value change year to date:||2.64 percent|
|Fund unit value change over 12 months:||8.20 percent|
|Synthetic* expected shortfall:||32.2 percent|
* Quantitative risk assessment is performed using historical data of high yield bonds adjusted for concentration risk, due to the short history of target companie's activity
Mundus Mezzanine fund‘s objective is to generate long-term growth of capital via private corporate debt investments by benefiting from the underutilisation of financial leverage in the region. Fund‘s team creates value within target companies by providing mezzanine financing intended to achieve economies of scale and realize other synergies, improve governance, facilitate specific project‘s transition from the capex to the cash flow generating state. Main investment objectives of Mundus Mezzanine are:
We facilitate acquisitions of operating businesses by qualified teams
NEW CAPACITY / MARKET
We help successful businesses expand their market scope
We support ambitious entrepreneurs in executing their plans
Mezzanine – a business financing form with properties of equity and debt capital (originates from Italian mezzanino, in architecture: a low storey in between two other storeys in a building). Mezzanine providers bear a higher portion of business risk relative to traditional creditors and, accordingly, besides earning a fixed interest rate, they also share the profits whilst not becoming shareholders. Advantages of mezzanine to investees and investors:
Financial benefit: Mezzanine capital is considered as equity from the point of view of traditional lenders, thus permitting shareholders to increase financial leverage and return without diluting control. Investors can expect an attractive yield, since contractual mezzanine interest rates are close to average stock returns.
Risk management: Mezzanine investors provide the business with capital, development expertise, experience and insights, since they are directly interested in success of the venture. Collateralised shares or other assets permit the investors to enact business restructuring or other means of credit repayment in case of default.
Opportunities: Mezzanine financing is a flexible form of corporate credit, since interest payment schedule, term of the investment and other criteria are tailored to the needs of the business. Direct private debt financing is common to businesses and offers a great risk-reward ratio to creditors; however, it remains scarcely available to investors in the Baltic States.
Before joining MUNDUS Audrius held positions of Chief Economist at the national central bank‘s Systemic Risk Modelling Division, Corporate Finance Specialist at a regional investment bank Evli Securities and Equities Analyst for a EUR 180m portfolio at a London-based hedge fund GLG Partners.
Audrius has a Master‘s degree in Quantitative Economics and Finance from the University of St. Gallen, Switzerland and a Bachelor‘s degree in Economics and Business Administration from the Stockholm School of Economics in Riga, Latvia. In addition, Audrius specialised in Corporate Mergers & Acquisitions as part of the Zaeslin and Maag Programme for Law & Economics.
mobile: +370 672 30426
Before joining MUNDUS Martynas was the Head of Investment Strategy at the private banking unit of an international bank SEB. Prior to that he held positions of Wealth Management Advisor and Portfolio Manager at a regional asset manager Evli Securities overseeing investment strategy implementation for institutional clients across the Baltics.
Martynas has a Bachelor's degree in Business Administration from the ISM University of Management and Economics, Lithuania. Martynas also holds a Financial Broker Consultant licence from the Bank of Lithuania.
mobile: +370 610 25696
Andrej holds the position of Chief Business Development Officer at one of the leading asset management companies in Lithuania INVL Asset Management and the position of Chairman at the financial brokerage company INVL Finasta. Andrej also chairs the Supervisory Board at the INVL Asset Management's Latvian pension fund affiliate. In addition, Andrej is an Independent Board Member at one of the largest groups of dairy product companies in the Baltics - Vilkiškių pieninė. In his previous managerial roles at asset management, financial intermediation and banking companies Andrej has gained valuable business management and capital raising experience.
Andrej earned a Bachelor’s degree in Management and Business Administration from the Vilnius University, Lithuania. Andrej also holds a Financial Broker General licence from the Bank of Lithuania.
Audrius holds the position of Legal Manager of Private Equity Investments at one of the leading asset management companies in Lithuania INVL Asset Management and the position of Board Member at the Lithuanian Investment Manager's Association. Prior to that Audrius acquired investment legal risk management experience and in-depth understanding of financial market regulation as a Compliance Officer at an international bank SEB and as a Lawyer at Bank Finasta.
Audrius has a Master's degree in Law from the Mykolas Riomeris University, Lithuania.
Mundus Asset Management documents
Mundus Bridge Finance Fund documents