Lithuanian Private Equity and Venture Capital Association (LT VCA) was established by UAB LitCapital Asset Management, BaltCap UAB and UAB SEB Venture Capital in May 2009. Private Equity (PE) and venture capital (VC) investments have been present in Lithuania since the beginning of 90s. Currently, we have 31 active company / member covering different types of venture capital business activities: fund management companies, consulting firms, lawyers, public institutions etc., who support and advise investors and entrepreneurs in the structuring and management of their partnerships. The members consist of 10 full members and 21 associate member.
Apart from its services on behalf of members (monitoring of legal, regulatory and tax issues, research studies and statistics, training, development and communication, etc.), LT VCA serves as a central platform for representation and promotion of the VC business to institutional investors, opinion leaders, and public policy makers. The association helps to improve financing of the economy, for small business in particular, as well as promote economic growth and entrepreneurial spirit. LT VCA is open to cooperation with venture capital funds, asset management funds, investment funds, business angels, legal offices, financial consultants and all other players involved in the market of direct investments.
Our mission is to bring together the VC industry professional competence and to develop and or promote Lithuanian Private Equity and Venture Capital industry.
- Develop standards, pursue strict compliance and design best practices, promoting self-regulation of the industry.
- Act as a lobbying force on PE/VC related issues.
- Promote Venture Capital to institutional investors and entrepreneurs on local, national and international level.
- Increase institutional investors’ awareness of the performance of Lithuanian VC market and the expertise of its professionals.
- Foster research and innovation through cooperation with universities, enterprises and other stakeholders.
- Foster the growth of Lithuanian capital market by providing businesses with capital and liquidity.