The Mundus Bridge Finance private debt fund signed an agreement with Orion Leasing on the acquisition of EUR 7 million of bonds. Mundus Bridge Finance acquired part of the bond issue (EUR 5,3 million) at the time of signing the agreement and will acquire the remaining bonds later.
MoreREFI Energy, a company of INVL Renewable Energy Fund I managed by INVL Asset Management, a fund investing in renewable energy projects, has raised EUR 3.5 million for the construction of solar power plants in Poland.
MoreThe real estate investment company INVL Baltic Real Estate is buying the Pramogų Bankas building in Vilnius. INVL Baltic Real Estate signed an agreement on 26 June on the purchase of 100% of the shares of the company Pramogų Bankas from Nesė Group, an operator of entertainment, food service and gaming businesses.
MoreThe INVL Renewable Energy Fund I which is under managed by INVL Asset Management and invests in renewable energy projects raised a further EUR 5 million from investors to reach a size of EUR 57.9 million.
MoreOn completion of the merger of part of the retail businesses of Invalda INVL and Šiaulių Bankas, Paulius Žurauskas will become the CEO of INVL Asset Management, which will remain part of the INVL group. The Bank of Lithuania still needs to approve him for the position. As of 17 July and on an interim basis, until the deal closes, Paulius Žurauskas is being appointed Head of Asset Management Operations at INVL Asset Management, reporting to the Board of Directors.
MoreMoldova-Agroindbank (maib), Moldova’s largest commercial bank, in which the leading Baltic investment management and life insurance group Invalda INVL and its clients indirectly own a stake, will pay out 198.2 million Moldovan leu (MDL) (EUR 10.3 million) of dividends. The decision was made at the general meeting of the bank’s shareholders on 15 June.
MoreThe INVL Partner Global Infrastructure Fund I, which invests in the infrastructure fund of a long-standing world-class asset manager, attracted an additional USD 2.295 million from investors. Fund is under management by INVL, the leading investment management and life insurance group in the Baltics. The fund’s units were distributed by the INVL Family Office.
MoreMoldova-Agroindbank (maib), Moldova’s largest commercial bank, of which the leading Baltic investment management and life insurance group Invalda INVL is a shareholder, had an unaudited net profit of 341.4 million Moldovan leu (MDL) (EUR 16.9 million) in the first quarter of this year, which is 25.8% more than in the same period last year.
MoreThe shareholders of INVL Technology, a company that invests in IT businesses, will vote at a meeting on 6 June on approving the terms and conditions of stock options for employees of the businesses it owns.
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