RHAPSODY

Established in 2021.

Subfund of APS CREDIT FUND SICAV, a commingled regulated fund domiciled in the Czech Republic.

Rhapsody raised more than EUR 31,6 million within the first fundraising period.

Currently invested in 32 portfolios with 5 portfolios already closed. We are also near the closing of 4 portfolios. out of which 3 are in Romania and 1 in Hungary. Investments are currently held in eight countries, diversifying the Rhapsody investments through new markets, the Czech Republic, Poland, and Latvia as an example. The largest volume of portfolios is in Greece, followed closely by Croatia, Romania and Hungary.

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Performance Graph

* Investment horizon: 3 years after the end of capital raising, with the possibility of 2 one-year extensions.

Investment by countries

Investment by portfolio type

Investment Overview

Investment VehicleInvestment shares
Fund Base CurrencyCZK
Fund AdministratorQI investiční společnost, a.s.
RegulatorCzech National Bank
DepositaryUniCredit Bank, a.s.
AuditorECOVIS blf s.r.o.
Target MarketsCEE & SEE1
Asset ClassAlternative assets (NPLs & RE) 2
Investment Period3 years after the end of capital raising
Investment Horizon3 years plus 2 one-year extensions
First EntryNovember 2021 – February 2022
Target Return12% p.a. (net of fees)
ValuationAnnual

Fund’s projects

Secured Projects15
Unsecured Projects11
Mixed Projects2
NAV Return1,09 (v CZK) 1,13 (v EUR)
Nominal Value of the Projects in mil. EUR7473
1 CEE & SEE: Romania, Bulgaria, Greece, Cyprus, Hungary, Serbia, Croatia, Slovenia, Czech Republic, Poland, Slovakia, Bosnia and Herzegovina
2 NPLs & RE: Non-performing loans and Real Estate
3 The total nominal value of the projects equal to the % share, which is owned by subfund RHAPSODY