INVL Reaches USD181m Final Close for Baltic Sea Growth Fund

Source(s): FinSMEs

Lithuania-based firm  INVL Asset Management has reached a EUR165m (approximately USD181m) final close for its INVL Baltic Sea Growth Fund. The vehicle will focus on growth capital, buyout, and “buy and build” investments in the Baltic states and neighboring markets. The European Investment Bank’s EIF was an anchor investor in the fund, with Estonia’s LHV pension funds and INVL pension funds also committing capital. Read more»