Exclusive Studies – Only 300 Students in Lithuania Will Get a Glimpse into a Multi-Billion-Dollar Industry
A Harvard Business Review publication on the venture capital industry emphasizes that to understand it fully, one must first separate myths from reality, look beyond popular industrial interpretations, and precisely identify the ecosystem's actual purpose Vilnius University, recognized in global rankings, the Lithuanian Private Equity and Venture Capital Association (LT VCA), will, for the third time, invite 300 students to an exclusive lecture series revealing the inner workings of the venture capital and private equity sector.
The origins of modern venture capital in the United States can be traced back to the 1940s, with roots even earlier. However, in Lithuania, the venture capital and private equity industry developed much later, taking off in 2009.
Today, this industry demonstrates impressive results and holds a strong position in the international market. Lithuanian Private Equity and Venture Capital Association members manage more than €3 billion in assets and represent 223 companies that contribute to the country's economy, both locally and internationally.
A Lecture Series That Opens the Industry’s Doors
Gintas Daniusevičius, a board member of the Lithuanian Private Equity and Venture Capital Association and a partner at Practica Capital, is one of the lecturers in the 8-week lecture series, which begins in March. He will be among the first to introduce students to the fundamental principles of venture capital as a transformative economic force that drives societal benefits.
"Venture capital and private equity are transformative forces that generate economic impact and create societal value. Funds play a key role in fostering innovation and adhering to sustainable financing principles, significantly contributing to community development and industry growth. The Baltic and Lithuanian ecosystems are prime examples of how strategic investments, collaboration between public and private markets, and government initiatives like ILTE can unlock significant potential for the common good," G. Daniusevičius explains.
Although the lecture series is closely tied to a broad financial ecosystem, it is also highly exclusive. The program is not only designed for students but also for aspiring entrepreneurs, innovators, and those looking to enter the financial world. It provides a unique opportunity to start a journey into the world of private equity and venture capital.
According to Greta Mieliauskaitė, Managing Director of the Lithuanian Private Equity and Venture Capital Association, participants will delve into theory, analyze real investment cases, and gain behind-the-scenes insights into investment decision-making.
A Multi-Billion-Dollar Industry Investing in New Talent
The Vilnius University and LT VCA course, titled "Break into the Finance World", is now in its third year. This year, it has gathered an exceptional team of 11 lecturers from the Vilnius University Endowment Fund and leading Baltic investment firms, including INVL Asset Management, Practica Capital, FIRSTPICK, Contrarian Ventures, Confluence Investments, LitCapital, I Asset Management, Superia, Eika Asset Management, Nter Asset Management.
Deimantė Korsakaitė, a lecturer with over 15 years of experience in private equity and M&A, emphasizes that the program is compact yet highly valuable.
"We will explore private equity from both company and investor perspectives, covering growth and buyout strategies along with risk management. The course will outline the key stages of private equity investment, analyze deal sourcing strategies, and break down fund mechanics, including fundraising, tax structures, and profit distribution. This series lays the foundation for the next generation of industry professionals. It is our way of investing in the future development of the ecosystem," explains Korsakaitė, Managing Partner at INVL Private Equity Fund II and INVL Baltic Sea Growth Fund.
Competing for Global Talent
Gintas Daniusevičius emphasizes that in today's world, competing in the global market requires investing in people and expanding the industry with fresh talent.
"This year, we are putting a strong focus on nurturing new talent. It is no secret that Europe and the world are competing for talent, and we are no exception. However, before looking abroad, we also recognize the great potential within our own country. While many are familiar with the startup and tech ecosystem, funds remain somewhat of a 'terra incognita'. Our mission is to open the doors for the next generation of talent and pass on the knowledge we have accumulated."
Strengthening the Community
According to Jevgenija Avedenij, Head of Partnership Development at Vilnius University, the course strengthens financial knowledge and builds community.
"Every year, we refine the course to offer both cutting-edge theoretical knowledge and hands-on skills necessary for success in this dynamic and fast-growing industry. This is particularly important in fostering creativity, innovation, and active participation in decision-making that impacts society. We are grateful to the top-tier professionals who generously share their experiences and insights. Additionally, we are excited that VU students can attend this course free of charge. This is a crucial step in developing a new generation of talent that creates value not only for the university but also for the wider community," says Avedenij.
Course Details and Scholarships
The course will be held at the Vilnius University Science Communication and Information Center and will begin on March 19, running for 8 weeks. It will conclude with a certificate ceremony for all participants.
Furthermore, law firm Walless and alternative investment company AlterDomus are offering scholarships to highly motivated and promising students to help them take their first steps in the industry. More details and registration information can be found here.
