Croatian regulator approves launch of fund, investment sub-fund

Mathematica Capital Partners received approval from Hanfa to establish and operate Continium, an open-ended alternative investment fund operating as a multi-strategy hedge fund, according to a statement by Hanfa last week.

Additionally, Erste Asset Management was granted authorisation by Hanfa to establish and manage the open-ended investment sub-fund Erste Horizont 2026 USD. This sub-fund will be incorporated into Erste Asset Management's umbrella UCITS and aims to invest in U.S.-issued or guaranteed bonds and money market instruments. Targeting an average annual yield of 3%, it is set to mature on March 5, 2026.