Structured for
performance
Trigal Funds, d.o.o. is a fully licensed Alternative Investment Fund Manager (AIFM) currently managing two Alternative Investment Funds: Trigal RE Fund, k.d. which has been granted the status of a special investment fund by the Slovenian Securities Market Agency (ATVP), and Trigal RE Development Fund, k.d. which is not subject to supervision by the ATVP.
ALTERNATIVE INVESTMENT MANAGEMENT
Our Funds
Trigal RE Fund, k.d.
Managed by Trigal Funds d.o.o. (Alternative Investment Fund Manager). Trigal RE Fund, k.d. was established in May 2023, followed by the initial subscriptions from investors. In September 2026, the Fund was transformed into a special limited partnership.
Regulatory status
The Fund has been granted the status of a special investment fund by the Securities Market Agency.
Investment in the Fund is intended solely for “Eligible Investors” – that is, professional investors as defined in Article 31 of the Alternative Investment Fund Managers Act (AIFMA), and non-professional investors who meet the following conditions:
- persons qualifying as eligible counterparties under the ); or
- persons who provide a written statement confirming that they are aware of all risks associated with an investment in the Fund and who, in the Subscription Agreement, undertake to invest at least EUR 50,000.00 in the Fund.
Investment strategy
Providing consistent income and capital appreciation for investors through real estate investments in the Adria region, primarily in Slovenia, Croatia and Serbia.
The Fund Manager may also use financial leverage methods to increase exposure, including loans, leasing, and debt securities issuance. However, the Fund will not engage in speculative financial derivative investments. The Fund’s financial leverage may not exceed a NAV-to-leverage ratio of 1:1.5.
Sustainability risks, including environmental, social, and governance factors, are considered during investment decisions and continuously monitored throughout the investment’s lifecycle. The Fund generally adheres to EU criteria for sustainable economic activities but does not actively pursue specific sustainability (ESG) objectives.
Investment approach
Core real estate
Low risk investment approach focusing on acquiring high-quality, income-producing properties in prime locations.
Current fair value of investments
€ 37.5 M
Current number of investments
3
Occupancy
99%
Term
Unlimited (Evergreen structure)
Initial Closing
June 2023
Target IRR
10%
Target CoC yield
4 – 5%
Fund Portfolio
Trigal RE Development Fund, k.d.
Managed by Trigal Funds d.o.o. (Alternative Investment Fund Manager). Trigal RE Development Fund, k.d. was established in March 2025, followed by the initial subscriptions from investors. In September 2026, the Fund was transformed into a special limited partnership.
Regulatory status
The operations of the Fund are not subject to supervision by the Slovenian Securities Market Agency. Investment in the Fund is intended solely for “Eligible Investors” – that is, professional investors as defined in Article 31 of the Alternative Investment Fund Managers Act (AIFMA).
The Fund’s investment strategy
providing consistent income and capital appreciation for investors through real estate projects under development in the Adria region, primarily in Slovenia.
The Fund Manager may also use financial leverage methods to increase exposure, including loans and leasing. However, the Fund will not engage in speculative financial derivative investments. The Fund’s financial leverage may not exceed a NAV-to-leverage ratio of 1:1.5.
Sustainability risks, including environmental, social, and governance factors, are considered during investment decisions and continuously monitored throughout the investment’s lifecycle. The Fund generally adheres to EU criteria for sustainable economic activities but does not actively pursue specific sustainability (ESG) objectives.
Investment approach
Development real estate projects
Current fair value of investments
€ 17 M
Current number of investments
1
Occupancy
91%
Term
2030 (+ 3 years possible extension)
Initial Closing
May 2025
Target IRR
11%
Target CoC yield
4 – 5%
Fund Portfolio
