Baltic VC Summit 2017
24 August, Druskininkai, Lithuania

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About

Each summer, Baltic Private Equity & Venture Capital professionals gather at one of the beautiful Baltic resorts to discuss industry developments and cooperation, network and enjoy summer & various activities together. LTVCA is very excited to welcome you on the 24th of August at Druskininkai, Lithuania. Event venue: Grand Spa Lietuva.

Druskininkai is the most popular spa town in southern Lithuania and attracts plenty of investment and Lithuanians who seeks a quick detox from city life. Our special guest this year will be Jurgis Didžiulis who is originally born in Bogota, Columbia but for the last 17 years lives in Lithuania. A thriving chameleon on the Lithuanian music scene for well over 10 years, Jurgis has experimented with various styles and formats, written numerous hits, won awards, represented LT in Eurovision. He will be moderating the event and in between the sessions he will take us on a journey to Columbia.

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We are expecting 200+ guests from:

Lithuanian Private Equity & Venture Capital Association LT VCA
Estonian Private Equity & Venture Capital Association ESTVCA
Latvian Private Equity & Venture Capital Association LVCA
CEE and Scandinavian NVCAs
Government Institutions
European Investment Fund
European Bank of Reconstruction & Development




Programme
Wednesday, 23 August 2017

19:30 Invitation-only LP-GP Dinner sponsored by Invalda INVL

Thursday, 24 August 2017

12:00
Registration and welcoming lunch
13:00
Session I

MEASURING THE TEMPERATURE IN THE EU: GOOD FOR ECONOMY AND INVESTMENT? Marius Vaščėga / European Commission's Economic Governance Officer in Lithuania / Lithuania
WINDS OF CHANGE: AN OVERVIEW OF EUROPEAN PERFORMANCE AND TRENDS / Michael Collins / Chief Executive, Invest Europe / Brussels
LP/GP DYNAMICS: HOW TO BALANCE A WINNING RELATIONSHIP? Monica Vandervorst Gregorio / Head of Unit, Equity Fund Investments - Lower mid-market / EIF/ Luxembourg
PRIVATE EQUITY EXITS: THE CENTRAL EUROPEAN EXPERIENCE: / Les Nemethy / Managing Director, Euro-Phoenix Ltd. / Hungary
14:30
Networking break
15:00
Session II

TOP 5 REASONS TO INVEST IN BALTICS FROM THE LP PERSPECTIVE / Anne Fossemalle / Director of Equity Funds / EBRD / London
THE CHALLENGES OF DEVELOPING GP‘S IN A DEVELOPED MARKET / Peder Hasslev / CEO / Saminvest / Sweden
TOO HOT TO TOUCH: PITCH BATTLE.
Moderated by: Marius Matonis, Partner / TGS Baltic / Lithuania

5 min pitch by:
Vytenis Buzas / Co-founder of NanoAvionics / Vilnius
Helmuts Bems / Co-founder of Sonarworks / Riga
Andrus Aaslaid / Chief Technology Officer of Estelon / Tallinn
16:30
Closing remarks. Drinks & refreshments
17:00
Leisure programme sponsored by BaltCap and TGS Baltic
20:00
Dinner & Evening Programme
Show by Jurgis Didžiulis.
Moderator

Jurgis Didžiulis

Jurgis has thrived as a chameleon on the Lithuanian music scene for well over 10 years. He has experimented with different styles and formats, won numerous awards, written many hits, represented LT in Eurovision and enjoyed other success as a frontman, performer, producer, and public figure. He does not consider himself a musician. He’s studied Political Science and Business Administration, has experience in campaigning, corporate education, media-consulting, and many things “social”. Jurgis will be moderating the event and will take us on a journey to Columbia.

Speakers
Marius Vaščėga
European Commission
Marius Vaščėga
European Commission
Marius Vaščega is currently European Commission's economic governance officer in Lithuania. His main areas of activities: Investment Plan for Europe, European Fund for Strategic Investment, EU economic initiatives and Lithuania's reform agenda. He is a lawyer, economist and international politics expert. Before returning to Lithuania Marius worked at the the European Union Council (Economic and Finance (ECOFIN) Ministers formation), where he advised ten consecutive EU Presidencies throughout the financial crisis years from 2009 until 2013, as well as at the European Parliament. Before that he was an advocate in Lithuania.
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Michael Collins
Invest Europe
Michael Collins
Invest Europe
Michael Collins is Chief Executive of Invest Europe (formerly EVCA), the association representing Europe’s private equity, venture capital and infrastructure sectors and their investors. Before joining Invest Europe, Michael was Managing Director for European Government Affairs at Citigroup with responsibility for advising senior management and clients on a wide range of financial regulatory issues. Prior to that role, he spent four years with the UK Foreign and Commonwealth Office in Brussels, as Financial Counsellor at the UK Permanent Representation to the EU, where he advised senior UK Ministers and officials on economic issues and regulation, including the Alternative Investment Fund Managers Directive. His career includes 15 years in the UK civil service.
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Monica Vandervorst Gregorio
EIF
Monica Vandervorst Gregorio
EIF
Monica Vandervorst Gregorio is Head of Unit, Equity Investments – Lower Mid-Market of European Investment Fund. Before joining European Investment Fund, Monica was Legal counsel for Fund Structuring at Crédit Agricole Investor Services. Monica holds MSc in Finance, Colegio Universitario de Estudios Financieros (CUNEF) and LLM in Banking and Finance, Queen Mary and Westfield College (CCLS), University of London, United Kingdom.
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Les Nemethy
Euro-Phoenix Ltd
Les Nemethy
Euro-Phoenix Ltd
Mr. Nemethy has more than 20 years of experience in M&A, investment banking, Private Sector Development and law. As an Undersecretary of State for Hungary, Mr. Nemethy managed all transactions occurring in the Hungarian Privatization Agency. As a Senior Private Sector Development Specialist at the World Bank, Mr. Nemethy worked throughout the world developing privatisation programs, reforming regulatory structures and attracting investment capital to sectors including heavy industry, mining, energy, telecommunications, transportation, and capital markets. In 1999 Mr. Nemethy founded Euro-Phoenix and has since managed transactions in nearly every Central and Eastern European country. Mr. Nemethy holds degrees in Law, Economics, Political Science and a Masters of Business Administration from leading universities in Canada. He speaks English, Hungarian, French, Russian, German and Spanish.
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Anne Fossemalle
EBRD
Anne Fossemalle
EBRD
Anne Fossemalle has been the Director in charge of Equity Funds at the European Bank for Reconstruction and Development since 2009. Previously, she was the Director, Bank Equity, responsible for EBRD’s direct investments in banks. Prior to this appointment, she was a Senior Banker in the Financial Institutions group, where she led various debt and equity transactions with banks, and was responsible for EBRD’s relationship with international banking groups. She joined EBRD in 1993, as part of the Agribusiness Team, then the Hungary Team, from Natixis in Paris, where she was responsible for loans and equity transactions with large French food companies. Anne holds Masters degrees from Stanford University, Ecole Nationale du Génie Rural, des Eaux et des Forêts (France) and Institut National Agronomique Paris-Grignon (France).
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Marius Matonis
TGS Baltic
Marius Matonis
TGS Baltic
Marius Matonis is Partner at law firm TGS Baltic. Marius is one of the top transactional lawyers, with broad experience across a variety of sectors. Marius is listed as a leading M&A expert by all best known international legal directories, like Legal 500, Chambers Europe and Chambers Global, ILFR1000, Best Lawyers International. Marius practice areas are Mergers & Acquisitions / Competition / Private Equity & Venture Capital / Corporate Law / Restructuring & Insolvency / Commercial Law / Shareholders Disputes.
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Helmuts Bems
Sonarworks
Helmuts Bems
Sonarworks

Sonarworks is an award-winning software company that improves music production and listening experience with over 15 000 music recording studios as paying customers. With True-Fi technology Sonarworks enables music industry to earn premium revenue streams by delivering authentic music experience on consumer headphones. Sonarworks is bound to become the Dolby of the headphone era.
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Vytenis Buzas
NanoAvionics, LLC.
Vytenis Buzas
NanoAvionics, LLC.

Vytenis Buzas acquired a BSc in Aeronautical Engineering at Vilnius Gediminas Technical University in 2010 and a MSc. degree at the Kaunas University of Technology in Mechatronics in 2013. During the majority of this academic period he was involved in projects related with miniaturized propulsion systems and liquid mono-propellants for small spacecraft as well as had research project activities at NASA Ames research center in US where topics related with ADN based mono propellant thruster and contemporary small satellite propulsion system developments where covered. Later on, he gained project management and research & development experience, when he was the team leader of the first Lithuanian satellite mission “LituanicaSAT-1”, which was implemented successfully. Currently, Vytenis is a leading member of “LituanicaSAT-2” project team and mostly contributes to business development, company's strategy and product philosophy activities holding CEO position at NanoAvionics.
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Peder Hasslev
Saminvest
Peder Hasslev
Saminvest

Peder Hasslev is Chief Executive of Saminvest since 2017. Saminvest is Swedish state owned fund of fund who invests in venture capital funds. Saminvet was established July 1, 2016 and today manages a capital of approximately SEK 5 billion. Before joining Saminvest, Peder was CIO and EVP AMF, one of Swedens largest pension companies with >50 bn EUR under management. Before that, a number of positions ranging from equity analyst and portfolio manager to head of equities. Peder has two university degrees (political science and business management at Stockholm university)
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Tickets
REGISTRATION IS CLOSED!
Baltic VCA members
Non members
200 EUR (Including VAT)
350 EUR (Including VAT)

DEADLINE: please note that registrations will be accepted only until 16th August, 2017.

REFUNDS: Refunds will be issued under the following conditions:
100% refund of the amount paid until 1st July, 2017;
50% refund of the amount paid until 1st August, 2017;
No refunds will be granted for cancellations made after 1st of August, 2017;



Accommodation
For the overnight stay we suggest to book one of the following hotels in Druskininkai. Due to high season, please book hotel at your earliest convenience. No rooms guaranteed starting July.
Grand SPA Druskininkai
For booking send email to:
reservation@grandspa.lt
Discount code: Baltic VC Summit
SPA Vilnius Druskininkai
For booking send email to:
j.augustinaviciute@spa-vilnius.lt
Discount code: Baltic VC Summit

 
Simpatija Hotel Druskininkai
For booking send email to:
giedre@simpatijahotel.lt
Discount code: Baltic VC Summit


Already registered:
Agita Fernate Ministry of Economics of the Republic of Latvia
Agne Mažeikė Mergemarket
Aiga Kalbjonoka Latvian Business Angels Network
Akvile Bosaitė COBALT
Aleksandras Papšys PwC
Algimantas Variakojis Business Angels Fund I
Algis Skiauterė INVEGA
Alise Eljašāne TGS Baltic
Andis Štrāls ALTUM
Andra Rubene TGS Baltic
Andris Berzins Change Ventures
Andrius Baranauskas Orion Asset Management
Andrius Barštys Kofinansavimas
Andrius Ivanauskas GLIMSTEDT
Andrius Voska TGS Baltic
Andrus Oks Tera Ventures
Anita Matisone LVCA
Anna Korniševa ALTUM
Anne Fossemalle EBRD
Antanas Sysas IFCON
Anton Yahimovich SwanLake Capital
Antti Perli Ellex Raidla
Arūnas Raščius INVL Asset Management
Arvydas Bložė Startup LT
Arvydas Saročka LT VCA
Arvydas Strumskis Business Angels Fund I
Audrius Balaišis Prudentis
Audrius Milukas Open Circle Capital LLP
Ausma Bartkute LT VCA
Barbara Nowakowska PSIK
Dace Bērziņa ALTUM
Dagnis Dreimanis BaltCap
Daigo Orihara JBIC IG Partners
Daina Kleponė Enterprise Lithuania
Daiva Gerulytė Kofinansavimas
Daiva Rakauskaitė Business Angels Fund I
Dalia Tamašauskaitė – Žilienė TGS Baltic
Daniils Ruļovs Glucksburg Investment
Darius Žakaitis Contrarian Ventures
Dārta Podiņa ALTUM
Deimantė Korsakaitė INVL Asset Management
Denis Serebriakov TRINITI
Dmitry Smirnov Baltic Partners
Donatas Keras Practica Capital
Donatas Kundrotas Deloitte
Edgars Pigoznis Glucksburg Investment
Edmunds Valantis Ministry of Economics of the Republic of Latvia
Edvijs Zandars Ellex Klavins
Elijus Burgis COBALT
Elzbieta Grumadiene BaltCap
Eneken Napa BaltCap
Eric Shakeshaft TRIANGLE
Eriks Rengitis Auctus Capital
Ernests Bordāns Livonia Partners
Gediminas Būda Prudentis
Gediminas Dominas Dominas Derling
Gerda Diniūte Eversheds Saladžius
Gerly Lõhmus Ellex Raidla
Giedrius Valuckas Progressive Business Solutions
Gintaras Rutkauskas Lietuvos draudimas
Gintarė Butavičiūtė LitCapital
Guntars Zīle COBALT
Heidi Kakko BaltCap
Ieva Jacunskienė Strategy Labs
Ieva Vilnīte Callidus Capital
Ilja Hagins Rietumu Banka
Ilona Gulcaka Baltic International Bank
Ina Budelinaitė PwC Legal
Inga Beiliūnienė INVEGA
Inga Čiagienė Ellex Valiunas
Inga Miliauskiene EBRD
Irmantas Norkus COBALT
Irmantas Simonis European Commission
James McDougall Tera Ventures
Janis Janevics Imprimatur Capital
Julius Dūkšta LitCapital
Juozas Rimas COBALT
Jurate Azelionyte EIF
Jurate Zarankiene TaxLink Baltic
Juri Pervjakov BaltCap
Juris Rumba Swedbank Investment Funds
Juris Vaskans ALTUM
Juta Švarca ALTUM
Kadri Kallas TGS Baltic
Kadri Lindpere ESTVCA
Kaido Veske Livonia Partners
Kalmer Kikas BPM Capital
Karina Andriukaitienė Sorainen
Kaspar Kork Enterprise Estonia
Kolbjorn Midttun IFCON
Kornelijus Celutka BaltCap
Kristel Raidla-Talur COBALT
Kristiina Koort ESTVCA
Kristīne Bērziņa Livonia Partners
Kristjan Kalda BaltCap
Kristjan Laanemaa Karma Ventures
Laila Hartmane LVCA
Laimonas Skibarka Sorainen
Laura Duksaitė – Iškauskienė Master Class Lietuva
Lena Valdmane BaltCap
Les Nemethy Euro-Phoenix Ltd
Lina Lankė Bank of Lithuania
Lina Sabaitiene Ministry of Economy of the Republic of Lithuania
Linards Cudars Financial and Capital Market Commission
Linas Galvelė Deloitte
Linas Garbaravičius Orion Asset Management
Linas Sabaliauskas TRINITI
Liudas Stembra BaltCap
Līva Aleksejeva BDO Law
Lora Gogelyte Ministry of Finance of the Republic of Lithuania
Loreta Maskolioviene Ministry of Finance of the Republic of Lithuania
Mantas Gofmanas TGS Baltic
Mantas Katinas Invest Lithuania
Mantas Petkevičius Sorainen
Marek Kiisa BaltCap
Margus Uudam Karma Ventures
Marili Merendi Karma Ventures
Maris Tiliks EBRD
Marius Matonis TGS Baltic
Marius Vascega European Commission
Martin Hendre Tera Ventures
Martin Kõdar BaltCap
Martins Blukis Auctus Capital
Mārtiņš Mežinskis PR1MUS
Mārtinš Neibergs Baltic International Bank
Mārtiņš Ruttulisee ALTUM
Martins Zemitis European Commission
Martynas Samulionis INVL Asset Management
Martynas Visockas ALPHA ADVISORS
Matas Mockeliunas BaltCap
Matiss Paegle BaltCap
Matts Andersson BaltCap
Michael Collins Invest Europe
Michael Parry EBRD
Mindaugas Rapolas Livonia Partners
Mindaugas Utkevičius Livonia Partners
Monica Vandervorst Gregorio EIF
Monika Kavaliauskė Vilnius University
Nerile Jociene LT VCA
Niklas Johansson Saminvest
Nikolai Adamovitch FNG Invest
Normunds Igolnieks ZGI Capital
Oliver Kullman BaltCap
Oskars Cimermanis AS „BDO Latvia”
Paulius Gruodis GLIMSTEDT
Peeter Saks BaltCap
Peteris Stepins Swedbank Investment Management
Peteris Treimanis BaltCap
Ramon Rask RASK
Ramūnas Baranauskas Orion Asset Management
Risto Vahimets Ellex Raidla
Robertas Čiočys Ellex Valiunas
Rokas Pečiulaitis Contrarian Ventures
Rolan Jankelevitsh Derling
Rūdolfs Krese ZGI Capital
Sabina Buitkutė Business Angels Fund I
Sander Karson TGS Baltic
Sandija Kulbe Livonia Partners
Sandra Aile BaltCap
Sarunas Alekna BaltCap
Šarūnas Šiugžda LitCapital
Sarunas Stepukonis BaltCap
Sigita Pranckėnaite Moore Stephens
Siim Sild Equity United
Silvestras Tamutis Practica Capital
Simonas Gustainis BaltCap
Skirmantas Maulevičius IFCON
Stanislav Ivanov Tera Ventures
Sten Sonts BaltCap
Sven Papp Ellex Raidla
Tadas Gudaitis Swedbank Investment Management
Tarmo Rooteman Equity United
Timo Kullerkupp RASK
Tomas Andriuškevičius Practica Capital
Tomas Malinauskas Klaipėdos administratorių biuras
Tomas Marcinkus Zubr Capital
Tomas Rudokas TRINITI
Tomasz Woźniak Black Pearls VC
Tommi Uhari Karma Ventures
Tomosaku Sohara JBIC IG Partners
Toms Šulmanis COBALT
Triin Plomipuu COBALT
Triinu Oll BaltCap
Troy Weeks EBRD
Tuomas Kosonen INVENTURE
Vaidas Paukštys Swedbank Investment Management
Valdas Sejavičius Swedbank Investment Management
Valters Kronbergs KRONBERGS ČUKSTE DERLING
Vasilijs Hohlovs Rietumu Banka
Vidas Venckus INVL Asset Management
Vidmantas Drizga TGS Baltic
Viktorija Vaitkevičiene INVEGA
Vytautas Plunksnis INVL Asset Management
Zane Eglīte-Fogele PR1MUS