The leading asset management group in the Baltics, Invalda INVL, through its subsidiary company INVL Asset Management, has established a new closed-end investment fund for informed investors INVL Private Equity Fund II which is the successor of the private equity fund INVL Baltic Sea Growth Fund. INVL Private Equity Fund II will invest in businesses in the Baltic States, Poland and neighbouring countries. It targets EUR 250 million of capital with a hard cap of EUR 400 million which will make it the largest fund in the Baltics.
MoreINVL Baltic Farmland, a company that invests in agricultural land, will pay EUR 388,000 of dividends to shareholders, allocating EUR 0.12 per share.
MoreThe real estate investment company INVL Baltic Real Estate plans to pay its shareholders dividends of EUR 0.09 per share for 2023. A vote on the payment of dividends will be held at the annual general meeting of the company’s shareholders on 30 April.
MoreThe shareholders of INVL Technology, a company that invests in IT businesses, will vote on procedures for the acquisition of own shares, the company’s operating results for 2023, and the distribution of profits. The annual general meeting of the company’s shareholders will be held on 30 April.
MoreThe equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 43.53 million at the end of 2023, or EUR 3.6052 per share, and grew 13.7% during the year.
MoreEco Baltia, the largest environmental resource management and recycling company in the Baltics, managed by INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States, plans to acquire Eko Osta, Latvia’s leading collection and recycling company for environmentally harmful and hazardous waste. The purchase agreement concluded by the parties, which requires merger authorisation from the Latvian Competition Council, provides for the acquisition of 100% of the shares in Eko Osta.
MoreThe real estate investment company INVL Baltic Real Estate had a consolidated net profit of EUR 0.7 million last year, 83 percent less than in 2022 when the net profit was EUR 4.2 million.
MoreThe board of INVL Baltic Farmland, a company that invests in agricultural land, approved the company’s operating forecasts for 2024, dividend proposal to shareholders, and procedure for purchasing own shares. An annual general meeting of the company’s shareholders on 10 April will vote on approving the board’s proposals.
MoreINVL Technology, a company that invests in IT businesses, has chosen M&A intermediation service provider Corum Group’s Luxembourg-based unit, Corum Group International, to advise and serve as M&A intermediary on the sale of the company’s portfolio of businesses. INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, is a closed-end investment company which must exit its investments no later than mid-July 2026 and distribute the money to shareholders.
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