Balkan Investment Opportunity Fund: License Cancellation

    Decision Notice by the Cayman Islands Monetary Authority cancelling the mutual fund registration of Balkan Investment Opportunity Fund. Editor’s Note: Research by OffshoreAlert showed that Balkan Investment Opportunity Fund is based in Croatia and has a website at, where its service providers are identified as Balkan Investment Management Limited, investment manager; Vrijednosnice Osijek d.o.o., administrator; Crowe Horwath Cayman Ltd., auditor; and Forbes Hare Trust Company Ltd., registered agent. The individuals identified on the website’s ‘Our Team’ page are Alexander Hrkač, “Director – Fund Manager”, and Adisa Balić, “Director – Risk Manager”.

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    April 22, 2020