Directors

Names

The directors of the company are as follows:

  • Todor Ivanov – Executive Director
  • Valentino Georgiev – Executive Director
  • Simon Christopher Hudd – Chairman & Non-Executive Director

Directors Biographies

Todor Ivanov – Executive Director

Mr. Ivanov has over 20 years of administrative experience, and, in 2022, was the deputy regional governor of Burgas Region. Mr Ivanov is currently a municipal councillor in the Municipality of Burgas. Previously, he was successively an administrative director and manager of an architectural company and has considerable experience of the entire construction and investment process.

Valentino Georgiev – Executive Director

Mr. Georgiev has over ten years of experience in real estate in the UK and Bulgaria. Mr. Georgiev spent five years working in a legal firm in London, specialising in conveyancing, transfers of equity and lease extensions. In addition to this, Mr. Georgiev also has UK experience as an estate agent working in sales and leases of commercial and residential properties in Central London. In Bulgaria, Mr. Georgiev has experience of real estate development and sales in exclusive holiday resorts on the Black Sea Coast.

Simon Christopher Hudd – Chairman and Non-Executive Director

Mr Hudd is a multi-jurisdictional corporate lawyer specialising in corporate finance, mergers and acquisitions and general company law, with 20 years of experience advising listed companies, real estate funds, technology companies and international conglomerates. Previously Head of the Russia, CIS and CEE group at a major international law firm, Simon has worked extensively with clients from Central and Eastern Europe and has considerable experience in advising clients headquartered in international financial centres. Mr Hudd is also a partner in D3A LLP and a Director of Goldilock Secure Limited.

Description of the responsibilities

The Board is responsible for supervising the Manager and for the overall investment activities of the Fund.
The Directors recognise the importance of sound corporate governance, whilst taking into account the size and nature of the company. The Directors intend to comply with the principles of the Combined Code in so far as possible and appropriate give the company’s size and the constitution of the Board.

Details of any sub-committees and responsibilities

The Board has established an audit committee. The Audit Committee determines the terms of engagement of the company’s auditors and determines, in consultation with the auditors, the scope of the audit.