The value of net assets under the management of RWM Capital Management Company (a part of RWM Capital Investment Group) grew 2.5 times and increased to 195 billion rubles. At the end of 2022, the assets under the management of the company amounted to 76.4 billion rubles.
“This growth is connected with the growing interest in closed-end investment funds from investors who have estimated their advantages. Investors have become better versed in the specifics of this tool and, as a result, they have more often turned to professional managers with a request for the formation of a closed-end investment fund for certain projects. Currently closed-end investment funds are interesting to private and institutional investors. Private investors buy shares of funds for investment and profit; developers choose this tool to structure their business and attract additional capital,” says Felix Blinov, CEO of RWM Capital Investment Group.
As a result, in 2023, the number of funds managed by RWM Capital Management Company increased by four large funds for qualified investors. In total, at the end of 2023, the company managed 22 closed-end mutual investment funds and 2 endowment funds.
