MARS Closed-End Investment Fund is a fund managed by MS Towarzystwo Funduszy Inwestycyjnych. MARS FIZ has been operating since the second half of 2010, authorized by the Polish Financial Supervision Authority (and under its responsibility).
The Fund manages the portfolio of majority stakes in 14 private equity companies. They comprise companies from the sector of shipbuilding and shiprepairs, offshore steel structure manufacturers, as well as companies whose main assets are real estate properties.
A key objective of the Fund, in compliance with its statutes, is to increase the value of assets held through, amongst others, the implementation of corporate recovery and investment projects in portfolio companies.
The Fund's assets are subject to regular quarterly valuation carried out with the participation of an external auditor and under the responsibility of the depository bank. During the last valuation (20. 12. 2017.) they were quantified at PLN 1.1 bn.