Invalda INVL, one of the Baltic region's leading asset management groups, together with its INVL Asset Management subsidiaries in Lithuania and Latvia, has become a full member of Invest Europe – the organisation that unites Europe's private equity and venture capital sectors and investors.
"We see joining Invest Europe as a qualitative new step that will allow us to get more actively involved in the European private equity market, relying not only on the experience that we ourselves have built up through a quarter century of operations in the Baltics and other European countries, but also on the opportunities that this organisation provides," said Darius Sulnis, the CEO of Invalda INVL.
Invest Europe represents the private equity, venture capital and infrastructure sectors of European countries, along with their investors. Its members take a long-term approach to investing in privately held companies, providing them not only with capital but also with innovation and expertise.
Invest Europe also seeks to contribute constructively to policy affecting private capital investment in Europe. It conducts research on the industry and shares information with its members. Moreover, Invest Europe acts as the guardian of the industry's professional standards, setting requirements for its members in the areas of accountability, good governance and transparency.
In becoming a member, Invalda INVL has committed to abide by Invest Europe's code of conduct, which sets out principles of behaviour in the private equity and venture capital industry.
Established in 1991, Invalda INVL together with local and international investment partners has completed numerous M&A deals and capital-raising transactions worth more than 1.2 billion euros overall. The group is recognized for having contributed significantly to development of the local capital market.
Invalda INVL group companies manage pension and mutual funds, alternative investments, individual portfolios, private equity and other financial instruments. More than 150,000 clients in Lithuania and Latvia as well as international investors have entrusted them with the management of 340 million euros of assets.