Greenman Accelerate is a Luxembourg seated fund registered by the CSSF, as a “Gestionnaires de fonds d'investissement alternatifs”, a Self-Managed Alternative Investment Fund (“GMAC”). GMAC is managed by its board of directors (the “Board”).
GMAC has provided loans to a German holding company, Greenman Immobilien GmbH (“GIG”). GIG owns, either directly or indirectly via various special purpose vehicles, a portfolio of German Auto Service Centres (the “Auto Portfolio”). The Auto Portfolio has a strong geographic bias towards Berlin.