INVL Asset Management, a subsidiary of the leading asset management group in the Baltics, Invalda INVL, launched the INVL Private Equity Capital Fund II as a new closed-end investment fund for informed investors.
“The new fund gives investors an exceptional opportunity to invest in private companies operating in the Baltics, Poland and neighbouring countries which have the potential to become regional leaders and thus earn attractive returns for investors,” says Paulius Žurauskas, the CEO of INVL Asset Management, which established the INVL Private Equity Capital Fund II.
The INVL Private Equity Capital Fund II will invest the money it raises from informed investors in the new INVL Private Equity Fund II, a private equity fund for informed investors launched in April this year for which it will serve as a feeder fund. The INVL Private Equity Fund II aims to raise at least EUR 250 million of capital, making it the largest fund in the Baltics, and has a hard cap of EUR 400 million.
The INVL Private Equity Fund II will follow the same successful strategy as the EUR 165 million INVL Baltic Sea Growth Fund, which grew companies like Eco Baltia and InMedica into leaders in their respective fields. The new fund will focus on acquiring controlling or significant minority stakes and participate actively in the management of portfolio companies seeking to significantly increase the value of capital over the long term. The aim is to form a diversified portfolio of 10-12 investments, providing target companies with growth capital while also conducting buyouts and making buy-and-build investments. The plan is to invest EUR 15 million to EUR 35 million in each portfolio investment, though if the fund sees significant potential for value enhancement through additional investments it may also make smaller initial capital investments.
Together with the start of operations of the INVL Private Equity Capital Fund II, distribution of its investment units is also beginning. In Lithuania, the units are being distributed by INVL Financial Advisors, a financial brokerage company operating under the INVL Family Office brand name. There are plans to offer the fund’s units to investors in Latvia and Estonia later. The minimum investment amount is EUR 125,000. The duration of the fund is tied to the duration of INVL Private Equity Fund II and is 10 years from the end of the first closing of the INVL Private Equity Fund II, with two possible extensions of one year each.
The INVL Private Equity Capital Fund II is starting operations as a new closed-end investment fund of INVL Asset Management for informed investors following the approval of the fund’s rules by the Bank of Lithuania.
About INVL Asset Management
INVL Asset Management is the leading Baltic alternative asset manager. We strive to deliver superior risk-adjusted returns to our investors while positively impacting our region’s economic development.
We are part of the Invalda INVL group with a track record spanning over 30 years. Our group manages more than EUR 1 billion of assets across multiple asset classes including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. Our scope of activities also includes family office services in Lithuania and Latvia, management of pension funds in Latvia, and investments in global third-party funds. Further information www.invl.com/en/.
Important notice
This is a marketing communication of an information nature, which is not and shall not be construed as an offer to purchase investment units of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs any individual investor.
When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and an investor may recover less than he/she/it has invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the rules, prospectus and other documents of the respective collective investment undertaking.
Units of this collective investment undertaking, mentioned in this release may only be distributed to informed investors as defined in the Law on Collective Investment Undertakings for Informed Investors of the Republic of Lithuania, as amended and supplemented from time to time, and may not be distributed and transferred to any other clients who do not meet the criteria of an informed investor.