Established in July 2019, the Kryalos SGR’s closed-end real estate Alternative Investment Fund (FIA) named “Polvanera” is fully subscribed by funds attributable to Hayfin Capital Management.

It is characterized by an Opportunistic return profile and is specialized in real estate investments like telephone exchanges or with industial/light industrial destination of use located in Italy. The fund’s portfolio consists of 89 telephone exchange units, located to a primary operator in the telecommunications sector.