Information for press
26th of February, 2021
 
Capitalia expands its operations in the investment field by becoming an alternative investment fund management.

To increase the attraction of funding for companies in the Baltic states, Capitalia expands its operations and it plans to establish and manage two closed alternative investment funds through its daughter company “Capitalia Fund Management AIFP”. Financial and Capital Market Commission has confirmed financial company Capitalia’s application for becoming alternative investment fund management.

“We plan to create and offer two new concept investment funds to our investors in the near future. The investment strategies of these funds will be based on our long-term experience in business financing. We see this as the next step for expanding our operations to promote the attraction of financing and the development of local enterprises,” Capitalia manager Juris Grišins comments.

The first fund will be a direct loan fund with the expected amount of EUR 20 million. The fund will provide short and medium-term financing for companies registered in the Baltic states, and this fund will be intended for institutional investors, such as pension funds.

The second fund will make co-investments in fast-growing Baltic start-ups together with the leading risk capital funds of the region. The target investors of the fund will be private investors who will be offered basic, low-cost investment instruments for investments in businesses with large growth potential.

It is expected that both above-mentioned funds will begin their operations by the end of 2021.  

About Capitalia
Capitalia is the leading financer and financial advisory provider for enterprises in the Baltic States. Capitalia has financed working capital and equity investments for more than 5000 companies, investing more than EUR 85 million in their development. In addition to loans and venture capital, Capitalia also offers consultations about selling businesses and the attraction of financing.