12. 12. 2023

R2P INVEST PTE. LTD. has recently been accompanied by new challenges and milestones. The current topic is the opening of a new branch in Serbia, which was discussed by Petr Žáček, member of the Board of Directors and CEO of r2p invest SICAV. You can read the interview with him on peníze.cz.

26. 10. 2023

R2P INVEST PTE. LTD. has experienced several milestones in recent years. And one of them is strengthening its position in India. Viktor Dokuchaev, the founder of the company, spoke about how the opening of the new office is going, what it entails and what the plans are for the future. You can read an interview with him on peníze.cz.

20. 11. 2023

In many cases, October is marked by autumn fatigue. But this does not apply to R2P INVEST PTE.LTD, a company that specializes in the analysis and purchase of outstanding debts. In the tenth month of the year, the company reported positive results and made more repurchases.
Our current portfolios continue to perform above targets, this time with a very positive result of 108.03%. This confirms that the precise selection of portfolios continues to bear fruit. And we are continuing in this direction, now specifically with the redemption of two new portfolios.
The first is another portfolio of a Kazakh financial company that focuses on online loans without the need for personal contact or the submission of many documents. This time the portfolio is worth a total of EUR 848,405.45.
The second buyout also comes from the Kazakhstan region, in this case from a microfinance company founded in February 2022. The value of this portfolio is EUR 521,534.55. The total value of all our 92 portfolios thus currently stands at EUR 746,514,817.

13. 10. 2023

The September results are in and it is worth mentioning that R2P INVEST PTE.LTD, a company specialising in the analysis and purchase of outstanding debts, is doing well. With the arrival of autumn, it has once again celebrated not only positive results, but also the redemption of the 90th receivable in its portfolio.
Our current portfolios have traditionally performed above their targets, which this time they met at 106.51%. And the two new portfolios that we were able to repurchase during the month of September will play a part in these results in the months ahead.
The first is another portfolio of a Kazakh financial company that focuses on online lending without the need for personal contact or the submission of many documents. This time it is a portfolio with a total value of EUR 732 076.27.
Another buyout comes from the Kazakhstan region, in this case from a microfinance company founded in February 2022. The value of this portfolio is EUR 910,727.92, bringing the total value of all 90 portfolios to EUR 745,144,878.

25. 09. 2023

It is always a pleasure to introduce our fund to new people, in a new place. And when we can also share our current successes, the joy is multiplied. This time we presented the r2p invest SICAV a.s. fund to the readers of Kurzy.cz. In a short article written by Petr Žáček, we discussed, among other things, the results of the last annual report. And you can read the whole article now on Kurzy.cz.

18. 09. 2023

While some are experiencing the end of the holidays with sadness, we celebrated at the end of August. R2P INVEST PTE.LTD, a company specialising in the analysis and purchase of outstanding debts, proved its strength again in August and enjoyed positive results and the purchase of new debts.

Thanks to the fact that we did not rest on our laurels during the holidays, we can now rejoice not only in the positive results, which reached 107.47% of the set plan. The number of our portfolios increased again, specifically to 89, with the largest share coming from the Indonesia region.
New additions include another portfolio of a Kazakh financial company with a value of 962,452 euros. The company focuses on online lending without the need for personal contact or the submission of many documents. It provides its clients with services from the comfort of their homes, which are processed within 10 minutes.
Next is the portfolio of one of the largest Czech online stores, which since 2014 has also been operating in Slovakia and other EU countries. The value of this portfolio amounts to EUR 648,574. The total value of all our portfolios is currently EUR 746,127,130.

18. 08. 2023

Relaxing by the water or holidaying at the cottage, it’s a lovely idea. But we traded it for a good feeling and spent July making positive developments in our company. R2P INVEST PTE.LTD, a company that specializes in the analysis and purchase of outstanding debts, celebrated successful results again in July and added another addition to its portfolio.

We continue to be pleased with our existing portfolio and have shown continuous positive results. In July, they met their target of 106.66% and we were able to focus on new portfolio additions in the interim. This brought the number of portfolios to 87 and brought the total value of the portfolios to EUR 744,516,104.
Our new addition was the purchase of receivables from a Kazakh financial company that focuses on online lending without the need for personal contact or the submission of many documents. It provides its clients with services from the comfort of their homes, which are processed within 10 minutes. The value of the portfolio amounts to EUR 5 921 317.

17. 08. 2023

Ing. Ludvík Miška, young blood at r2p invest SICAV, a.s., where he acts as a fund manager. How did he get to the qualified investor fund, what does he enjoy about this job and how has the company under his management been doing lately? This is not only what the following interview is about.

1. You are currently acting as a fund manager for r2p invest SICAV. Could you give us a little bit more insight into the fund and your position in it?

r2p invest SICAV, whose equity capital today exceeds CZK 1.6 billion, focuses on investments in companies engaged in purchasing and collecting overdue receivables. The fund leverages the owners’ and team members’ many years of experience, expertise, and extensive network of contacts in financial institutions worldwide. As a result, it is able to purchase receivables at an average of between 1-3% of face value. It then places these receivables with its call center subsidiaries. They then service these receivables. By combining the investor and the operator into one group, the fund is able to achieve superior risk-adjusted returns.
The operations in r2p invest SICAV are perfectly managed by the owner of the company. I, as a member of the investment committee, (dis)recommend the allocation of free funds, both for capacity expansion and portfolio selection purposes. Thanks to the investment selection by our team, we were able to achieve appreciation in excess of 40% for investment performance stocks last year.

2. Your role directly in the Fund is relatively fresh. What was the journey that brought you here?

It was a fairly natural path. During my university studies, I started with a part-time job at EY in the Financial Accounting Advisory Services team. Subsequently, my friends and I set up an algorithmic trading firm and I focused on individual stock portfolio management. We gradually phased out the algorithmic trading, but I continue to manage.
Then, during the summer, I was offered the position of Asset Management Director at Avant Investment Company. And that’s where the fateful luck came when one of my clients was the r2p invest fund. After 2 years at Avant, I decided that it was time to move on and after a short intermezzo, I decided to join the r2p group, which had already attracted me as a client.

3. What finally made you start a new cooperation and move from AVANT to the team of r2p invest SICAV?

It was mainly two things. The first impetus was the management of the company and its team, with whom I worked on the management of the r2p invest fund. More specifically, I found them to be professionals with a friendly approach. Moreover, it is an environment where I feel I can continue to learn and develop. All this with the added bonus of international reach as we have offices all over the world from Singapore to the US. And I have the opportunity to visit all our branches and call centers.
The other thing was a beautifully statistical business where you have to know what to buy, for how much, and what the probability is that you will get a return on a given portfolio. And I enjoy that.

4. Last year, you were part of a rather fundamental decision to get rid of all Russian ties within the Fund. Was this a positive step for the Fund?

It was certainly a positive move, particularly in terms of reducing the risk that these investments carried. We were able to divest on favorable terms for our fund, despite the turbulent period that was last spring. For holders of the VIA share class, this has reduced volatility compared to if we had not divested these ties. And for holders of PIA and other stocks, it means greater certainty in the guarantee mechanism.

5. The fact that the Fund is really doing well is evident from the latest annual report. The value of the performance investment share (VIA) has climbed to 40.55% and the preferred investment share (PIA) to 9.6%. Can you explain how this increase is significant?

The 40.55% increase in VIA is certainly crucial for its holders. That is, first and foremost, for the fund’s founders, the management group, and the partners who have contributed to our success by providing capital. It is also great news for PIA holders, for whom VIA “guarantees” a return of up to 9-10% p.a. PIA shareholders see that the fund has sufficient reserves to maintain this return. At the same time, the ratio of VIA: PIA shares is less than 1:1, with up to 1:3 stated as safe.

6. Are there any other achievements from the annual report that you would like to mention?

First of all, the excellent performance of our Singapore office continues to surprise us. Its purchased debt portfolios are earning more than we had anticipated and it is clear that the Fund’s valuer and auditor have factored this into its value in the financial statements.

7. The Fund seems to be experiencing a really successful period. What are your plans for the near future?

In the near future, we will further develop high-margin countries and buy in these regions of the portfolio. Specifically, this is primarily in Southeast Asia, however, the Americas look like they could carry similar returns. And in doing so, we hope to build another high-margin region – this time on the other side of the planet.

8. There is talk that you are going to open a new self-management fund. Can you give us some details about it now?

It will be a sister fund to r2p invest with a slightly different relationship between the fund and the investor. However, the target assets will be basically the same. We can certainly look forward to details from Petr Žáček soon.

9. As a fund manager of r2p invest SICAV, you have an overview of everything that is going on inside. How would you convince potential investors that they should invest with you?

I don’t think there is any need to convince potential investors – anyone can look at our history and see that r2p invest SICAV has had several successful years where it has exceeded expectations every time. Today, its assets exceed CZK 1.6 billion, it maintains a highly secure VIA: PIA ratio, and it is able to share high but non-volatile returns with all investors.
If even this is not enough for the hesitant investor, I can at least reveal that we are at the peak of the debt cycle phase. This means that we are able to buy cheaper than in previous years, and the fund’s performance will reflect this. This is especially true in the coming months, which is why we are holding higher levels of returns and rewards for all partners. However, we expect to reduce the level of rewards from next year onwards as the debt market and interest rates return to normal.

10. Is there anything else you would like to say to the readers in conclusion?

Finally, I would like to thank not only my colleagues but also the partners and investors who have shown their trust in us, especially during the difficult years. Thanks to this, together we have been able to capitalize on our investments. I believe that everyone is satisfied with our performance so far and we will continue to remain in their favour. Without them, we would never have had the resources that allow us to be reliable partners and buy portfolios profitably.

23. 06. 2023

For r2p Capital, May was not only a month marked by new purchases of receivables, but also by the start of cooperation on a new market.
r2p Capital bought a package of claims in a total volume of EUR 1,489,255. A portfolio of 7,355 receivables belongs to an organization dedicated to providing loans that operate in Kazakhstan. Interim data already show positive dynamics.
At the end of May, by purchasing a package of receivables with a total volume of almost EUR 130,000, we established cooperation with a bank focusing on electronic money, e-wallets, and payment cards, thereby simultaneously entering the Maltese market for the first time.
In June, r2p Capital bought a portfolio from one of the largest commercial banks in Slovakia, which provides comprehensive banking services to more than 2 million clients and manages almost 6 million accounts.
We thus closed May and June with a positive growth trend.