Jiří Król joins the Supervisory Board of ARETE INDUSTRIAL SICAV

As of February 1, 2024, Jiri Krol, an alternative investment expert and manager with more than 20 years of experience in international leadership positions in investment institutions, will join the Supervisory Board of its investment fund, ARETE INDUSTRIAL SICAV.

Jiri Król, currently Deputy Chief Executive Officer and Senior Head of Government Affairs at AIMA - The Alternative Investment Management Association, the UK's alternative funds association, brings a wealth of experience in strategic investment management, policy making and financial services regulation to the Supervisory Board of ARETE INDUSTRIAL SICAV. His accomplishments in international negotiations and leadership of strategic asset management initiatives will be a valuable asset in the development and implementation of ARETE Industrial's fund strategies.

Lubor Svoboda, co-founder of ARETE Group, said: "I am delighted to welcome Mr. Jiří Król to the fund's Supervisory Board. His expertise and broad insight into global investments will provide us with a valuable impetus for the further development of our fund specialising in industrial and income property. We are confident that his presence will be a key factor in achieving our strategic objectives."

ARETE INDUSTRIAL SICAV is the third investment product of the ARETE Group. It focuses on investments in completed industrial properties and the construction of new industrial and logistics parks. With the addition of Jiří Król to the Supervisory Board, the fund has secured an additional layer of professional oversight and guidance.