Futura Investment Management is a multi-asset, fully regulated investment management company operating in the framework of the AIFM Directive. We structure and manage regulated fund solutions for institutional investors.
We operate as investment manager to the compartments of a fully authorized umbrella fund domiciled in Malta, Futura Funds SICAV p.l.c., our Maltese multi-compartment platform, authorized and regulated by the Malta Financial Services Authority. Our portfolios span the wider European Union and combine indirect exposure through real estate funds with direct property holdings. Our work today is the management of these portfolios: letting and progressive disposal of the assets, monitoring of financing and hedging, valuation and NAV calculation, oversight of the administrator, custodian and auditors, and regular reporting to investors.
We operate as a boutique firm. Mandates are managed by senior professionals in direct contact with the investor, and each is structured around that investor’s specific objectives, constraints and investment horizon rather than derived from a standardized product range. This bespoke approach is supported by the execution capacity of a wider international group.
Principal Areas of Expertise
Private Equity Fund of Funds: We provide to investors access to top-tier private equity funds while delivering broader diversification and superior risk-adjusted returns. By handling manager selection, capital call coordination, and operational complexity on behalf of its clients, FIM enables investors to pursue their private equity objectives efficiently and with confidence.
Real Estate: We manage both direct property holdings and indirect exposure through dedicated real estate funds, across property types and geographies. On the direct side, we oversee acquisitions, capital expenditure planning, leasing, and progressive disposal to preserve and enhance asset value. On the indirect side, we provide access to carefully selected real estate funds, enabling diversified market exposure. In both cases, our approach is grounded in rigorous due diligence and a disciplined focus on risk-adjusted returns
Structured Notes: We manage portfolios of structured notes and other illiquid financial instruments, including their valuation and realisation.
Futura Funds SICAV Sub-Funds
Futura Funds SICAV currently operates through a diversified portfolio of four specialized sub-funds, each tailored to specific market opportunities and investor goals:
| Alpha Plus | A private equity fund of funds targeting superior risk-adjusted returns through diversified exposure to carefully selected third-party PE managers. The sub-fund seeks capital appreciation over a long-term horizon by accessing top-tier buyout, growth, and venture strategies across geographies. |
| Beta Gamma and Delta | A legacy multi-class sub-fund investing across a diversified mix of private equity and alternative strategies. Existing investors continue to participate through managed wind-down and progressive portfolio realization. |
| Kappa | A real estate sub-fund with a concentrated single-asset strategy, holding a direct investment in the Budapest Exchange Palace. The sub-fund focuses on active asset management and value enhancement of this landmark commercial property in the heart of Budapest. |
| Futura Real Estate | A real estate sub-fund with direct property holdings and exposure to real assets. The strategy spans the full asset management cycle — from acquisition and active management to progressive disposal — targeting stable income and capital appreciation. |
Futura Funds SICAV PLC operates through four specialized, Malta-based sub-funds designed for distinct investment strategies. The Alpha Plus and Beta, Gamma and Delta funds focus on fixed income restructuring and opportunistic acquisitions of shares and bonds. The Kappa and Futura Real Estate funds target the real estate market, managing specific underlying assets and subsidiaries like Cougar Real Estate S.A. and Futura Bulgaria Funds Limited.
