(The Romania Insider)
Romanian investment company Evergent Investments (EVER), the former SIF Moldova (SIF2), plans to increase its investments in private equity in the following years, aiming to continue delivering higher returns for investors than the market average. The company also aims to draw new money from investors on the local capital market to support its investment strategy.
In the last ten years, the company has obtained an average annual return of 9.23%, 1.77 percentage points higher compared to the average return of the equity-focused investment funds in Romania. Its goal in the following years is to continue generating “alpha,” which represents a surplus to the average performance of the local equity fund market.