We have established PHI Luxembourg Development S.A. as the mother holding company for PHILUX Global Funds under the laws of Luxembourg.
PHILUX Global Funds is a Luxembourg bank fund activated in June 2020 as a “Reserved Alternative Investment Fund” in accordance with the Luxembourg Law of July 23, 2016 relative to reserved alternative investment funds, Law of August 23, 2016 relative to commercial companies, and Modified Law of July 12, 2013 relative to alternative investment fund managers.
Initially we have launched the Real Estate Sub-fund for investment in real estate and developing the 600-hectare Long Thanh Multi-Commodity Logistic Center in Dong Nai Province, Vietnam. In addition, we intend to have other compartments under PHILUX Global Funds for investment in sustainable agriculture, renewable energy, consumer goods, healthcare, natural resources, etc. in the near future.