Capital. Development. Long-Term Value.
A qualified investor fund focused on development projects, with an emphasis on risk management, transparency, and long-term capital appreciation.
12 %
Target Return
30,09 %
Share Appreciation in 2025
CZK 1.1 Billion
Total Expected Sales Value of the Fund’s Projects
0 %
Fund Debt
*The figures presented relate exclusively to Class A shares.
About Us
DIAGRAM Fund is a qualified investor fund focused on the development of real estate projects in attractive locations. We invest in carefully selected projects with a clear economic foundation, realistic timelines, and the potential to create long-term value.
Through a diversified portfolio across projects, locations, and development stages, we provide investors with professionally managed exposure to the development market — without the need for direct involvement in the management of individual projects.
How Do We Work?
DIAGRAM Fund is designed for investors who want to benefit from the potential of the development market without the need to directly manage projects themselves. The fund combines professional know-how, a disciplined approach, and a long-term investment vision.
Direct Connection with the Development Group
DIAGRAM Fund is closely connected to the REALISM development group, which actively participates in the identification, preparation, and execution of individual projects. This partnership allows the fund to be directly involved in the creation of development value — from land acquisition and project preparation to final execution.
As a result, investors gain not only financial exposure to real estate, but also access to proven development know-how and hands-on industry experience.
Active Management of Development Projects
The fund does not follow a passive investment strategy. On the contrary, it actively participates in key decisions throughout the entire project lifecycle. This approach allows for better control over costs, timelines, and the final outcome of each project.
Active management creates opportunities to optimize returns while enabling a timely response to changing market conditions.
Disciplined Approach to Risk Management
Each project undergoes a detailed approval process that includes an analysis of the location, project economics, technical design, and demand within the target market. We place strong emphasis on realistic development scenarios and conservative investment structuring.
The fund’s objective is not short-term speculation, but the systematic creation of value with controlled risk exposure.
Transparent Structure of a Qualified Investor Fund
DIAGRAM Fund operates within a clearly defined regulatory framework for qualified investor funds. All investments are made directly into the fund, without intra-group asset transfers, ensuring investors have direct exposure to individual projects.
We provide investors with regular reporting and a clear overview of the fund’s performance and the development of individual investments.
We consider transparency to be the foundation of long-term trust between the fund and its investors.
Zdeněk Tůma
Founder and Chairman of the Supervisory Board
Zdeněk Tůma is a respected economist and former Governor of the Czech National Bank, where he was extensively involved in monetary policy management, financial sector supervision, and maintaining the stability of the banking system. His professional experience includes the development of regulatory frameworks, systemic risk management, and strategic decision-making in environments requiring a high level of responsibility and transparency.
At DIAGRAM Fund, he brings strong expertise in risk management, institutional governance, and long-term financial stability — all of which are essential for protecting investors’ capital and supporting the sustainable growth of the portfolio’s value.
Martin Hubinger
Founder and Member of the Supervisory Board
Martin Hubinger is an experienced investor and developer with extensive expertise in real estate investments and the structuring of capital-intensive projects. Throughout his professional career, he has been involved in the preparation, financing, and execution of development projects, with a focus on identifying investment opportunities with long-term potential and managing risk throughout each stage of the project lifecycle.
At DIAGRAM Fund, he applies his experience in development, investment structuring, and real estate asset management. He is actively involved in shaping the fund’s strategic direction and overseeing the development of a real estate portfolio designed to generate stable returns and long-term value for investors.
Share Price Development Scenarios
The chart presents a hypothetical development scenario for DIAGRAM IRQ Fund Class A shares and is for illustrative purposes only. Past performance and modelled returns do not guarantee future results, and actual performance may differ materially.