WHITE BERG TFI S.A.
White Berg TFI is a Polish independent investment fund company which focuses on establishing and managing various types of closed end funds. Our professional experience is based on market knowledge about alternative investments offered in the form of closed-end funds (FIZ), non-public funds (FIZ AN) and Closed - End Investment Fund Non- Standarized Debt Fund (CIF NDF). We build a wide, stable, and efficient business network of legal professionals, tax advisors, auditors, appraisal specialists and business professionals, with whom we cooperate, to offer and construct non-standard, tailor-made vehicles and asset structures for our investors.
We have been operating within Polish financial market as an independent manager for over 14 years. Our team consists of professionals who have extensive practical experience of working for banks, brokerage houses and investment fund companies. We have conducted dozens of investment transactions and contributed to the settlement of hundreds of dedicated and closed-end funds.
WHAT WE DO
Stable capital appreciation, which contributes to the increase in the rate of returns for investors, is the core of our investment principles. In our investment decision-making process, risk management and liquidity are primary objectives and constraints. The core of our philosophy is building strong relations with our investors and engendering their trust.
We invest your money as if it was our own money. We tailor investment vehicles based on meeting investors’ unique requirements and to suit unique market and legal conditions. We specialize in managing closed-end funds which invest in real estate projects and overdue debts, in order not to be correlated with public equity markets as well as reducing price fluctuations and volatility typical to stock exchange markets. Investors who decide to invest in such alternative assets have limited investment liquidity in the short term but are compensated by regular and sustainable rates of return in the medium to long term.
TEAM
He graduated from Lublin University of Technology, Business Administration at Management School. He has 20+ years of professional experience working in the financial markets. He is an expert on over-the-counter markets. The analyst and commentator of macroeconomics, financial markets, and Polish economy. He is often invited to radio and TV broadcasts. He regularly writes press articles dedicated to FX and capital markets. He started his professional career in 2000 for many years working for Treasury Management Services S.A., which later transformed to brokerage house Brokerag Houses TMS Brokers S.A. In 2004-2010 he was responsible for research, investment advisory, education, and trainings departments in that brokerage house. From 2010 to 2015 he was nominated to the Management Board with a focus on trading strategy and risk management. Since 2015 he was a lecturer at University College of Enterprise and Administration in Lublin as well as a professor at Lublin University of Technology. Since 2016 he has actively cooperated with Izba Domów Maklerskich (Brokerage Houses’ Association in Poland), where he is the OTC/CFD markets expert. Chairman of Supervisory Board at Brokerag House Athena Investments S.A. in 2016-2017.
Vice President of the Management Board of White Berg TFI S.A. - Supervises the Financial Reporting Supervision Department of investment funds.
Manager with many years of professional experience in the field of debt management, the activities of investment funds and the functioning of the banking sector. From 2004 to 2008 Anna worked for Provident Polska S.A., among other things, managing the team in the debt collection division. From 2008 to 2013 she held the position of Director at BNP Paribas Bank Polska S.A. (then under the brand of BGŻ BNP Paribas). From 2013 to 2020, worked as a Manager with a number of private entities in the field of, among other things, managing debt collection departments, serving as Chief Operating Officer responsible for creating development plans, managing the team and coordinating and implementing the investment strategy. In 2020, Anna joined White Berg TFI S.A. in strengthening internal control, including the control of investment funds’ debt management entities, and since 2022, she has held the position of Director of the Department of Debt Funds. Since October 2024, has been appointed to the position of Vice President of the Management Board of White Berg TFI S.A.
He is a member of the management board supervising the risk management system at White Berg TFI S.A. licensed by the Polish Financial Supervision Authority to perform this function (based of a final decision of the Polish Financial Supervision Authority of July 8, 2021). A graduate of the WSB University in Poznań in the field of International Finance. For several years, he gained experience at various financial institutions in various positions, initially creating investment products and services (IDMSA Brokerage House and BDM S.A. Brokerage House), then using the acquired knowledge and experience to perform compliance functions, internal control as well as operational risk management functions (Dom Maklerski BDM S.A., Brokerage TMS Brokers S.A., and Ikano Bank S.A. Branch in Poland). Between 2018 and 2021, a member of the supervisory board of TMS Brokers S.A. (currently: Oanda TMS Brokers). Between 2017 and 2019, a member of the consulting group at the European Securities and Markets Authority (Working Consulting Group of the Standing Committee for Investor Protection and Intermediaries). Co-author of the guide „Counteracting Money Laundering and Terrorist Financing. A Practical Guide” (Wolters Kluwer, November 2018) and the commentary “Counteracting Money Laundering and Terrorist Financing” (Wolters Kluwer, 2019). He has gained numerous certificates: ACI Dealing (ACI Forex), Operational Risk Manager (PRMIA), PRM Associate (PRMIA).
Director of the Legal Department and supervises the Sales and Marketing Departments. Lawyer with many years of experience in the banking sector, transaction advisory and legal services for investment funds. He started his professional career in 2012 in the Capital Group of Getin Noble Bank, where he held specialist and expert positions and managed a project in the private investment funds area. Then, from 2017, he was employed as a manager at Deutsche Bank Poland. In the years 2018 - 2022 he worked for BPS Investment Funds Company as an in-house lawyer, and then as the director of the department managing private equity funds, providing legal services to the company, and managing transactions carried out by investment funds, while also acting as the company’s proxy. He also chaired the investment committee making investment decisions as part of the management of investment funds. For many years, he exercised ownership supervision, performing functions in the supervisory boards of companies included in the Capital Group of Polish Cooperative Bank.
An experienced manager and strategist of sales, segments and products with 20 years of experience in various managerial positions in leading institutions such as: Citibank Handlowy S.A., Raiffeisen Bank Polska S.A., Alior Bank S.A., Pekao S.A. He has experience in servicing micro, small enterprises, and retail customers, of which 15 years in managing the bank’s policy in the micro and SME segment. During his professional career he was responsible for implementation of banking services for micro-enterprises at Raiffeisen Bank Polska S.A., Meritum Bank ICB S.A. He participated in two banking startups, where he was responsible for achieving half of the bank’s annual revenues and building half of the bank’s loan portfolio. He was also responsible for designing, coordinating, and implementing legal and operational mergers under two M&A processes, responding for business and operational streams, among other mix of products, sales channels, and processes. As vice president of the Pomeranian Business Club, he is involved in the activities of the organization’s non-profit business development.
Lawyer specializing in comprehensive economic consulting, including litigation, as well as strategic and corporate consulting. Graduate of the Faculties of Law and Administration and European Studies at the University of Warsaw. Member of the Bar Association in Warsaw. Cooperates with the best specialists in real estate, valuations, accounting, expert opinions and restructuring and tax proceedings. Currently managing partner at Diverso Legal, she previously managed the litigation team at EVERBERG and worked as an attorney at GPLF Górski&Partners Law Firm and Marek Małecki Law Firm.
As part of her daily professional activities, she performs litigation and regulatory consulting for capital market institutions, including listed companies, brokerage houses, TFIs, AIFs, ZASIs and ASIs. She develops and supervises litigation strategies in capital market disputes, including representing management and regulated entities, in commercial, civil and criminal law matters. She also has many years of experience in comprehensive support for optimization of business solutions and corporate services for enterprises.
She develops litigation and pre-litigation strategies, and provides legal support for day-to-day operations, including crisis counseling. She has many years of experience in handling complex litigation, including multi-million dollar litigation. She has litigated these cases before common courts, the Supreme Court and arbitration courts, including the Court of Arbitration at the International Chamber of Commerce in Paris. She has represented a number of business entities including public companies, the State Treasury, universities, leading employment agencies and retail chains. Cooperates in the medical industry, new technology areas, real estate development and construction, and investment, including regulated and under the supervision of the Financial Supervisory Commission.
In 1985, he graduated from the School of Law and Administration of the University of Warsaw. He started a professional practice as a trainee legal advisor in „Juris” Law Firm, where he was dealing with cases related to ownership changes, establishing commercial law companies, and real estate trading. Since 1992, he was listed in the list of legal counsels, kept by the District Chamber of Legal Counsels in Warsaw. In the years 1992-2007, he worked as a legal counsel in the Narodowy Fundusz Ochrony Środowiska i Gospodarki Wodnej, where he led the section of legal advisors. In the performance of his duties, he was responsible for legal aid for capital investments, preparing investment agreements, as well as participated in creating projects of recapitalization of public companies and increasing the share capital with the in-kind contribution (shares, bonds), furthermore he prepared and supervised, legal agreements of division of securities’ collateral. Since 2007 he has been working as a legal counsel in a private law office. In 2008, he started to cooperate with Bank Ochrony Środowiska S.A. He is an experienced legal advisor for commercial companies law, civil law, banking law, capital market law, environmental law, as well as public procurement law.
Graduate of the Faculty of Economics at the University of Gdansk. He has over 25 years of experience in managing entities operating in the financial market, in the area of banking, investment funds, loan institutions and National Payment Institutions licensed by the Polish Financial Supervision Authority.
While working in financial institutions, he held managerial positions in leading financial institutions including, Bank Gdański, Bank Millennium, Nordea Bank Poland and on the boards of SKARBIEC TFI and the national payment institution Cardina, among others.
During his career in financial institutions, as a manager, he participated in many innovative projects aimed at implementing new products and services in the area of retail banking. As part of banking projects, he was responsible, among other things, for the preparation of a product offering within the framework of private banking services (Millennium Prestige), the implementation of domestic and foreign investment funds, including Nordea 1 SICAV, insurance products or credit cards.
As a manager at SKARBIEC TFI, he supervised and was responsible for the area of sales and marketing of investment funds in banking and non-banking distribution networks.
Graduate of the Warsaw School of Economics, majoring in Finance and Banking. Securities broker, license number 1614. Holder of an Investment Advisor license and the right to use the CFA title. Currently a doctoral student at the Wroclaw University of Economics in the Department of Finance.
Pawel has over 20 years of experience in public investments, portfolio management, equity transactions and corporate governance.
Currently, since 2016, managing partner of Value Fund Poland Activist FIZ. In the past, Vice President of Opera TFI responsible for management and private market investments, Board Member of Aviva PTE responsible for equity portfolio and Board Member of SEB TFI responsible for fund management, fund manager at Credit Suisse Asset Management Polska and ING NN PTE.
Former and current member of many supervisory boards of companies, including: Skycash SA, Termisil SA, Re Development SA, BoneVitae SA., CCS SA.
Graduate of the Warsaw School of Economics in Finance and Accounting.
Has many years of professional experience mainly related to the real estate sector and the market of closed-end investment funds. The vast majority of his career is associated with one of the Poland's largest development companies, J.W. Construction Holding SA. As an advisor
investment and fund manager, he has also worked at investment fund companies and brokerage houses, including BPS Bank Brokerage House in the Office of Analysis and Investment Advisory.
Alexander holds an investment advisor's license number 441 and is listed as a candidate for Supervisory Board membership in State Treasury companies.
Graduate of the Electrical Department of the Warsaw University of Technology and the Warsaw School of Economics,
Faculty of Finance and Banking.
Securities broker, license no. 3020.
Investment advisor, license no. 690.
Konrad started his career in 2004 as a specialist in SAPARD pre-accession funds.
From 2005 to 2018 specialist in the acquisition and implementation of EU funds:
2004-2006 (Sectoral Operational Program),
2007-2013 (Infrastructure and Environment Program, Innovative Economy Program),
2014-2020 (Infrastructure and Environment).
In the White Berg TFI team since January 2019.
Graduate of the Warsaw School of Economics in Finance and Banking.
Has 20 years of experience in asset management in international financial markets. Among other things, he worked at the global bank Credit Suisse, where he was responsible for the selection and allocation of financial instruments to individual client portfolios. In his career he also worked at Skarbiec TFI, where the funds he managed ranked among the top funds in the country in a given category, and at Espirito Santo Investment Bank, where he was responsible for the bank's own investments. Most recently, he was Director of the Client Portfolio Management Department at Independent Brokerage S.A. and manager of asset strategies. He has also served on the Supervisory Boards of several companies.
A graduate of the University of Warmia and Mazury in Olsztyn with a degree in economics.
He gained his professional experience working as a financial analyst at Value Advisors sp. z o.o., where he developed models and prepared valuations of investment funds’ investments (shares, stocks, bonds, etc.), and then as a specialist in methods and models for valuation of investment funds in the Custody Services Department of BNP Paribas Bank Polska S.A. Before joining White Berg TFI S.A. he worked as a Manager at Origin TFI S.A., where he managed closed-end investment funds.
A graduate of the Warsaw School of Economics at the Faculty of Finance and Banking.
He has many years of experience in private equity and public market transactions, restructuring projects, management and owner supervision. and corporate governance.
Currently, Chairman of the Supervisory Board of PROJPRZEM SA, member of Supervisory Boards of public companies Elektrobudowa SA, Mercor SA. In the past served as a Chairman of the Boards of Lentex SA, Zachodni NFI SA and Progress Inwestycje Bis sp. z o.o. (former Wrocławska Jedynka SA), financial director at Boryszew Elana SA and Mennica Państwowa SA.
Former member of the Supervisory Boards of listed companies: LW "Bogdanka" SA. Apator SA, Bomi SA, Sfinks SA, Hygienika SA, Wrocławski Dom Maklerski SA, Internet Group SA, Plast-Box SA, Optimus SA, Mennica SA and numerous non-public companies.
BUSINESS PARTNERS
