Eastern European Recovery Fund

The Eastern European Recovery Fund was set up in June 2009 to capitalize on the recovery of the Ukrainian economy through various fixed income instruments. The fund is managed by Orange Global Advisors, an affiliate of Dragon Capital.

The Fund’s investors include high net-worth individuals and institutional investors from Eastern and Western Europe.

Fund: Eastern European Recovery Fund Ltd.

Fund Type: Open-end professional fixed income investment fund

Strategy: Eastern European credit including domestic and external debt securities with current focus on Ukraine

Target Fund Size: $50-$100m

Subscriptions: Monthly, at NAV

Minimum subscription: $100,000

Redemptions: Quarterly, upon 45 days’ notice

Fees: 2% management fee; 20% performance fee, subject to high water mark

Investment Advisor: Orange Global Advisors Ltd.

Administrator: Folio Administrators Limited

Auditor: PricewaterhouseCoopers

Fund Domicile: British Virgin Islands

Eligible Investors: Sophisticated offshore investors

Performance 2009: 50%

Performance 2010: 30%

For more information, please contact us at dam@dragon-capital.com