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Croatia withdraws approval for N3 Capital Partners new hedge fund

Jun 5, 2024, 4:12:11 PMArticle by Annie Tsoneva
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June 5 (SeeNews) - Croatia's financial services regulator, Hanfa, said it cancelled its decision allowing alternative investment fund management company N3 Capital Partners to launch the N3 High Yield open-ended alternative investment hedge fund with private offering due to lack of interest.

Croatia withdraws approval for N3 Capital Partners new hedge fund
Photo: Croatia's HANFA

On May 28, N3 Capital Partners said that it will not launch the fund as investor interest was low, Hanfa said in a statement on Tuesday.

In May 2023, Hanfa gave the green light to N3 Capital Partners to set up the hedge fund within a year.

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