INVL pension funds are investing EUR 10.3 million in the SB Modernization Fund established by Šiaulių Bankas, whose resources will be used to renovate 600 apartment buildings in Lithuania. It is the first investment in housing renovation by Lithuanian pension funds that will boost the country’s energy independence.
MoreINVL Asset Management’s INVL Partner Global Infrastructure Fund I, which will invest in a fund of infrastructure assets established by a fund manager of global stature with a 26-year track record, announced its first close at USD 29.53 million. A total of 65 investors took part in the initial offering of the fund, including the Invalda INVL group.
MoreLast year could be called a year of rising markets, and that shows in the Lithuanian Investment Index too. According to INVL, the investment group that has compiled the Lithuanian Investment Index for that past 26 years, the index’s growth last year of 11% was the most since 2011.
MoreINVL Life, a subsidiary of the Invalda INVL asset management group, has been granted by the Bank of Lithuania a licence to conduct life insurance activities.
MoreINVL Asset Management, in view of restrictions on trading on the Moscow Exchange (MOEX), which prevent trading and/or proper valuation of some of the securities comprising the subfund’s portfolio, and seeking to protect the interests of participants, is suspending the sale, redemption and exchange of units of the INVL Russia ex-Government Equity Subfund, as well as the execution of orders which have been submitted.
MoreToday’s geopolitical situation raises many questions, so we understand your concerns and appreciate your trust. Our entire team is working intensively, with all our hearts and minds, to try to ensure that the share price movements caused by the current situation have as little negative impact as possible on the long-term growth of your accumulated assets.
MoreINVL Baltic Sea Growth Fund (“the Fund”), one of the largest private equity investment funds in the Baltic region, has completed the acquisition of a 100 per cent stake in B2Y, a growing personal care products and cosmetics producer, headquartered in Latvia. B2Y will continue to be led by its founder and CEO Rita Lagzdina.
MoreINVL Asset Management, one of Lithuania’s leading asset management companies, has established the INVL Alternative Investment Fund aimed at retail investors, with investments starting at EUR 5000. This is the first INVL fund that gives retail investors the opportunity to invest in alternative asset classes.
MoreN. Eidukevičius was appointed as CEO of Montuotojas, a leading industrial construction and metal processing company.
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INVL and Šiaulių bankas merged their retail services as of 1 December 2023.
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INVL and Šiaulių bankas merged their retail services as of 1 December 2023.