The best insight into the challenges and opportunities of the Baltic M&A and private equity scene
2018-06-19
Join us at one of the most important and prestigious industry events in the Baltic region on 18-19 October in Tallinn. 2-day conference features exceptional speakers, provocative panel discussions with industry leaders and hours of networking with more than 250 influential delegates. The Baltic M&A and Private Equity Forum has...
INVL ASSET MANAGEMENT TO TAKE CONTROLLING STAKE IN ASSET MANAGEMENT COMPANY MUNDUS
2018-01-24
INVL Asset Management, one of Lithuania’s leading asset management companies, will acquire a controlling stake in the asset management company Mundus and after the transaction will hold 51 per cent of that company’s shares. The remaining 49 per cent of shares will be held in equal parts by the company’s...
BaltCap Infrastructure Fund acquires Anaerobic Holding
2017-12-21
BaltCap Infrastructure Fund (BInF) has aquired 75% of Anaerobic Holding shares for €9.45 million. Anaerobic Holding owns and operates three biogas plants in Latvia with a total installed capacity of 4.9MW. Anaerobic Holding group consists of three biogas plants with a total installed capacity of 4.9MW, namely Agro Iecava, RZS...
SEIMAS ADOPTS AMENDMENT TO THE LAW ON CORPORATE INCOME TAX SETTING A MORE FAVOURABLE TAX ARRANGEMENT FOR PRIVATE EQUITY AND VENTURE CAPITAL ENTITIES
2017-12-11
Seimas has adopted the amendment to the Republic of Lithuania Law on Corporate Income Tax which essentially consolidates one level of taxation on investments into collective investment undertakings in the “hands” of the end recipient of investment earnings, i.e. the natural person. Under this amendment, all income deriving from eligible...
Lithuanian Venture Capital market: new player has entered the game
2017-10-26
New venture capital fund Open Circle Capital announced its start. It is expected that within a decade of its operation the fund will invest more than 20 million euro in high technology companies working in the fields of ICT, robotics, and high-tech. Two-thirds of the fund’s capital will be financed by state...
INVL ASSET MANAGEMENT CAN NOW ALSO MANAGE COLLECTIVE INVESTMENT UNDERTAKINGS INTENDED FOR PROFESSIONAL INVESTORS
2017-10-03
INVL Asset Management, one of Lithuania’s leading asset management companies, from now on can also manage collective investment undertakings intended for professional investors. It was granted this right by the Bank of Lithuania, which on 2 October this year issued the company a licence to conduct activities under the Law...