Arete Invest closed its first sub-fund, CEE, having it erased from the registry of the Czech National Bank (ČNB). The sub-fund appreciated by more than 100 percent over the two years of active management. In October 2016, the fund offloaded its residential portfolio of a few hundred flats to the international investor.
http://cijeurope.com/en/encompassme-europe/27482/story/arete-invest-closes-first-subfund
