Our team

Darius Šulnis is the CEO and one of the shareholders of Invalda INVL, the leading Baltic asset management group. He also serves as Chairman of INVL Asset Management, Managing Partner and Investment Committee member at the leading private equity fund INVL Baltic Sea Growth Fund, and holds management and supervisory board positions in several other companies.

With over 30 years of experience in establishing and managing successful businesses and investments across Lithuania and the CEE region, Darius has gained deep expertise in business development and growth, M&A, investment attraction, and collaborating with entrepreneurs, as well as strategic and financial investors.

Darius began his career at Finasta, a one-man financial brokerage company, where he played a pivotal role in its growth into one of Lithuania's largest and fastest-growing financial brokerage firms. He later took an active operational roles in executive management positions in a number of other companies before assuming the leadership of Invalda INVL.

Throughout his career, Darius has also served on the supervisory councils and boards of numerous companies across Poland, Latvia, and Lithuania, contributing his expertise to the growth and success of these organizations.

He holds a Master’s degree in Accounting and Audit from Vilnius University and earned a Global Executive MBA from Duke University.

Over 20 years of experience in private equity and M&A 

Vytautas Plunksnis is the member of the Board and the Head of Private Equity at INVL Asset Management. He also serves as a Partner and Investment Committee member at INVL Baltic Sea Growth Fund and INVL Technology. He holds management and/or supervisory board positions in several portfolio companies  located in Lithuania, Latvia, Poland, Norway, and Moldova. Vytautas is the Chairman of the Supervisory Board of Maib, a leading bank in the Moldovan banking market. Additionally, he is the founder and Chairman of the Management Board of the Investors Association (Investuotojų asociacija). 

Vytautas has over 20 years of experience working in the Baltic private equity and capital markets, investing in Central Eastern Europe, and handling M&A transactions. He has led investment projects from raising capital, deploying it, supervising portfolio companies, and helping them expand organically and via M&A until exit. 

He started his career in 1999, working as a financial analyst at the first financial brokerage company  Jūsų tarpininkas in Lithuania.  

Since 2006, Vytautas become an analyst and fund manager at Finasta Asset Management. From 2009 to 2016, he worked as an investment manager at Invalda INVL, and since 2016, he has been the Head of Private Equity and a member of the board at INVL Asset Management. 

Education 

Vytautas holds a Bachelor of Business Administration at Kaunas University of Technology (Lithuania).  

Over 17 years of experience in financial markets, including 11 years in managing positions

Asta Jovašienė is the CEO and a member of the Board at INVL Financial Advisors. She also serves as a member of the Board of INVL Asset Management. 

Asta started her career in 2006 as an investment consultant at Finasta, a financial brokerage company. Since 2013, she has been Head of the Wealth Management Department of Bank Finasta. In 2015, Asta became the CEO and Member of the Board of INVL Financial Advisors, the financial brokerage company under the brand name INVL Family Office. Now, the INVL family office is the leading multi-family office in the Baltics. She is also a member of the Board of INVL Asset Management in Lithuania and a member of the Supervisory Board of INVL Asset Management in Latvia. 

In 2024, Asta established a Lithuanian Family Wealth Managers Association and is Chairman of the Board. She  is the first to introduce a succession planning framework to the Lithuanian market; this topic is her professional passion.

She established different social initiatives – Women’s Club, Youth Camp, Successors Academy – to raise financial literacy in the country. 

Education

Asta holds a Master's degree in Finance from Vilnius University. 

Andrius Načajus is the CEO of INVL Asset Management and a board member of INVL Financial Advisors

With more than 20 years of leadership experience in the financial sector in the Baltics, A. Načajus held the position of Chief Financial Officer at the Achemos Group. Prior to that, he spent six years at Luminor Bank, where he served as a member of the bank’s group management board and headed the Corporate Banking Division in the Baltics, as well as the Lithuanian branch. Before becoming the head of Luminor in Lithuania, A. Načajus led the Corporate Banking, Markets, and Investment Banking divisions at DNB Bank in Lithuania.

A. Načajus holds a Master's degree in International Business from the Stockholm School of Economics in Riga and Stockholm.

Experience

Over 15 years of experience in private equity and M&A

Former Investment Director at BaltCap

Sandra started her career in M&A and corporate finance in 2006 at a leading Scandinavian bank.

In 2010 she joined a local private equity boutique acting as the local advisor to international funds executing transactions in the Baltics.

In 2013 Sandra joined Deloitte as a manager leading valuation, due diligence and M&A advisory services to clients in various industries. Since 2016 she has held the role of investment director at a major private equity fund manager, focusing on buy-out and growth investments in the Baltics and holding supervisory board positions.

In 2024 Sandra joined INVL Asset Management and is leading private equity investments in Latvia.

Education

Holds a Msc degree in Business and Economics from the Stockholm School of Economics (Sweden) and a Bsc degree from the Stockholm School of Economics in Riga.

She is a CFA Charterholder since 2010 and holds Board Member Education Certificate from the Baltic Institute of Corporate Governance.

Experience

Vytautas Bakšinskas has more than a decade of experience in commercial real estate management. He joined Inreal Valdymas UAB in 2007, serving as a project manager, and from 2011 to 2016 was head of the leasing division, overseeing more than 100,000 sq. m. of real estate. He has also acquired additional management experience at a number of companies which belong to the Inreal Valdymas group.

Participation in other companies

Proprietas, UAB (code 303252098, Gynėjų str. 14, Vilnius) – Director

Rovelija, UAB (code 302575846, Gynėjų str. 14, Vilnius) – Director

Experience

Founder of Invalda INVL; Chairman of the Management Board of Invalda INVL

Founding partner of Invalda INVL with over 30 years of experience in private equity and operational management. Has served on the boards of 30+ companies. He has been pioneering investments in the Baltic securities market since 1991. Together with Invalda INVL local and international investment partners, implemented acquisitions and sales of companies, capital raising deals with a total value of over EUR 2 billion.

Education

Holds Master’s degree in Engineering and Economics from Vilnius Gediminas Technical University, Lithuania.

Experience

Sigita Bizulienė has more than 10 years of experience in forest and agricultural management and more than 7 years of experience in investment management. In her career, she has consolidated the INVL Baltic Forests Fund I’s portfolio of more than 5,600 ha and led forest acquisitions at Greengold Management, a foreign-capital investment firm, consolidating more than 6,000 ha of forest. Within the Invalda INVL group, Sigita has successfully consolidated over 5,000 ha of agricultural land plots. The average annual return INVL BFF I investments generated for investors was 27.29%.

Education

Swedish University of Agricultural Sciences (SLU), Euroforester MSc (international master’s degree in sustainable forestry).

Lithuanian University of Agriculture, Master’s degree in Forestry.

Contact phone: +370 620 71 080

Experience

Possessing 15+ years of in-depth experience in project management, specializing in real estate development, property valuation, construction management, and building administration. Successfully managed a diverse range of projects, including EU-funded and private equity initiatives.

Experience

Over 5 years of experience in private equity and M&A.

Joined Invalda INVL group as a junior analyst after graduating in 2019.

Education

Holds a degree of Bachelor of Science in Economics, Politics and International Studies from University of Warwick.

Experience

Gabrielė started her career as an audit consultant at EY, where she worked for three years and became a senior consultant, responsible for the smooth and timely operations of audit team. Since 2022, she has been working as an analyst at Nter Asset Management, where she worked on the management of existing investments.

In the spring of 2024, Gabrielė joined the Invalda INVL group and is currently responsible for the activities of the INVL Special Opportunities Fund and works with the investments of the Invalda INVL group.

Education

Gabrielė has graduated from the Bologna Business School with a Master's degree in Finance and Fintech and has successfully completed Levels I and II of the CFA program.

Experience

Over 7 years of experience in private equity and M&A

With over 7 years of experience in Corporate Finance and Private Equity. In 2014 joined Vičiūnai Group as a Financial Analyst. From 2018 to 2022 worked as an Investment Project Manager at Orion Asset Management. In 2023 took on the role of Head of Finance at Vet Ventures.

Education

Holds a Bachelor's degree in Economics from the Kaunas University of Technology.

Experience

Andrius Daukšas has worked in investment management for more than 15 years. From 2004 to 2008 he served at FMĮ Finasta first as a Securities Accountant and later as Head of the Securities Accounting Division. From 2008 to 2010 he was Director of the Treasury Department at AB Bankas Finasta. From 2010 to 2016 he held position as an Investment Manager at Invalda INVL.

Participation in other companies

IPPG, UAB (code 301673796, Gynėjų str. 14, Vilnius) - Director

Vernitas, AB (code 193052526, Stoties str. 16, Marijampolė) - Member of the Supervisory Board

Education and qualifications

Vilnius University Faculty of Economics, Master's Degree in Banking.
Financial broker‘s license (General) No. G311.

Experience

Over 15 years of experience in private equity and M&A

Former CFO at specialty pharmaceuticals company Sanitas. Member of the boards of more than 10 companies

Nerijus started as an auditor at Arthur Andersen in 1998 working on both audit and M&A assignments. As from 2001, he spent over 15 years in operational positions being responsible for setting up processes, financial and organizational management, investment appraisal, in addition to leading acquisitions. Since 2007 through to exit in 2011 was CFO at specialty pharmaceuticals company Sanitas. Spent 4 years advising various companies until re-joining Invalda INVL group in 2015. Nerijus Drobavičius has served on the boards of 10+ portfolio companies.

Education

Holds BA degree in Business and Administration and an MBA in Banking and Finance from Vytautas Magnus University, Lithuania.

Experience

Over 15 years of experience in private equity and M&A

Former CFO at specialty pharmaceuticals company Sanitas. Member of the boards of more than 10 companies

Nerijus started as an auditor at Arthur Andersen in 1998 working on both audit and M&A assignments. As from 2001, he spent over 15 years in operational positions being responsible for setting up processes, financial and organizational management, investment appraisal, in addition to leading acquisitions. Since 2007 through to exit in 2011 was CFO at specialty pharmaceuticals company Sanitas. Spent 4 years advising various companies until re-joining Invalda INVL group in 2015. Nerijus Drobavičius has served on the boards of 10+ portfolio companies.

Education

Holds BA degree in Business and Administration and an MBA in Banking and Finance from Vytautas Magnus University, Lithuania.

Joined INVL Baltic Sea Growth Fund team in 2023.

Former executive assistant at Willgrow UAB (holding company of Girteka Group).

Holds a Bachelor’s degree in Accounting from University of Aberdeen, Scotland.

Over 17 years of experience in financial markets, including 11 years in managing positions

Asta Jovašienė is the CEO and a member of the Board at INVL Financial Advisors. She also serves as a member of the Board of INVL Asset Management. 

Asta started her career in 2006 as an investment consultant at Finasta, a financial brokerage company. Since 2013, she has been Head of the Wealth Management Department of Bank Finasta. In 2015, Asta became the CEO and Member of the Board of INVL Financial Advisors, the financial brokerage company under the brand name INVL Family Office. Now, the INVL family office is the leading multi-family office in the Baltics. She is also a member of the Board of INVL Asset Management in Lithuania and a member of the Supervisory Board of INVL Asset Management in Latvia. 

In 2024, Asta established a Lithuanian Family Wealth Managers Association and is Chairman of the Board. She  is the first to introduce a succession planning framework to the Lithuanian market; this topic is her professional passion.

She established different social initiatives – Women’s Club, Youth Camp, Successors Academy – to raise financial literacy in the country. 

Education

Asta holds a Master's degree in Finance from Vilnius University. 

Over 15 years of experience in private equity and M&A

Former Associate Partner at TGS Baltic

Has started her career as a lawyer specialising in private equity and M&A. From 2004 until 2010 was working at Hermis Capital, one of the first private equity firms in Lithuania. Since 2010 until joining Invalda INVL group in 2017 was an Associate Partner with one of the leading pan-Baltic law firms – TGS Baltic – where she co-led the M&A practice. Advised local and international clients on 40+ deals with the combined value of c. EUR 2 billion.

Education

Baltic Management Institute together with Vytautas Magnus University (Lithuania) EMBA. Holds LL.M in International Legal Practice from the University of Law, UK and Master of Law degree from Vilnius University, Lithuania.

Experience

Over 5 years of experience in private equity and M&A

London Business School graduate

In 2015 started his career as a strategy consultant at Civitta until 2018. In 2019 joined The Rohatyn Group private equity team in London, UK as an intern. In 2020 joined Invalda INVL group, taking the position of a private equity analyst.

Education

Holds a Master of Finance (MiF) degree from the London Business School (LBS), UK, and a Bachelor of Science (BSc) degree from Rotterdam School of Management (RSM), The Netherlands.

Patirtis

Over 20 years of seasoned management experience, with a 15+ year focus on the energy sector. Proven track record in leading national energy companies across various value chains, including Enefit/Eesti Energia, Litgrid, Lietuvos Energija, Lietuvos Dujos, and ESO. Expertise in driving rapid growth and development of renewable energy projects, particularly solar and biogas, within the Modus Group in EU, Belarusian, and Ukrainian markets.

Experience

Vincas is responsible for managing, raising and monitoring investments. Before joining INVL, Vincas worked at Norne Securities and was a professional stock trader. He joined INVL Bridge Finance in 2019 as an Analyst.

Education

Vincas holds a Bachelor’s degree in Finance from ISM University in Lithuania.

Contact phone: +370 636 30 958

Experience

Audrius is Chief Operating Officer. He is actively involved in several of the company's Investment Committees as well. Since 2016, Audrius has held positions within INVL Asset Management related to new product and business development at that and other Invalda INVL group companies. Previously, he served in legal and compliance roles at SEB Bank and Finasta Bank.

Education

Audrius holds a master’s degree in law from Mykolas Romeris University in Lithuania.

Experience

Audrius is Chief Operating Officer. He is actively involved in several of the company's Investment Committees as well. Since 2016, Audrius has held positions within INVL Asset Management related to new product and business development at that and other Invalda INVL group companies. Previously, he served in legal and compliance roles at SEB Bank and Finasta Bank.

Education

Audrius holds a master’s degree in law from Mykolas Romeris University in Lithuania.

Andrius Načajus is the CEO of INVL Asset Management and a board member of INVL Financial Advisors

With more than 20 years of leadership experience in the financial sector in the Baltics, A. Načajus held the position of Chief Financial Officer at the Achemos Group. Prior to that, he spent six years at Luminor Bank, where he served as a member of the bank’s group management board and headed the Corporate Banking Division in the Baltics, as well as the Lithuanian branch. Before becoming the head of Luminor in Lithuania, A. Načajus led the Corporate Banking, Markets, and Investment Banking divisions at DNB Bank in Lithuania.

A. Načajus holds a Master's degree in International Business from the Stockholm School of Economics in Riga and Stockholm.

Over 7 years of experience in private equity and M&A

Former investment manager at ME Investicija, UAB

Experience

In 2015 started his career in INVL Asset Management as a junior Private Equity analyst and since 2017 took positions of financial analyst and junior portfolio manager. Since 2018 through 2022 worked as an investment manager in ME Investicija (holding company of Girteka Logistics). Since 2022 re-joined Invalda INVL group taking position as a senior associate.

Holds a Bachelor’s degree in Physics from Vilnius University, Lithuania.

Education

Vilniaus Universiteto Fizikos bakalauras.

Over 20 years of experience in private equity and M&A 

Vytautas Plunksnis is the member of the Board and the Head of Private Equity at INVL Asset Management. He also serves as a Partner and Investment Committee member at INVL Baltic Sea Growth Fund and INVL Technology. He holds management and/or supervisory board positions in several portfolio companies  located in Lithuania, Latvia, Poland, Norway, and Moldova. Vytautas is the Chairman of the Supervisory Board of Maib, a leading bank in the Moldovan banking market. Additionally, he is the founder and Chairman of the Management Board of the Investors Association (Investuotojų asociacija). 

Vytautas has over 20 years of experience working in the Baltic private equity and capital markets, investing in Central Eastern Europe, and handling M&A transactions. He has led investment projects from raising capital, deploying it, supervising portfolio companies, and helping them expand organically and via M&A until exit. 

He started his career in 1999, working as a financial analyst at the first financial brokerage company  Jūsų tarpininkas in Lithuania.  

Since 2006, Vytautas become an analyst and fund manager at Finasta Asset Management. From 2009 to 2016, he worked as an investment manager at Invalda INVL, and since 2016, he has been the Head of Private Equity and a member of the board at INVL Asset Management. 

Education 

Vytautas holds a Bachelor of Business Administration at Kaunas University of Technology (Lithuania).  

Experience

Chairman of the Board at Investors' Association in Lithuania; Member of the Management Board of INVL Asset Management

Started his career as financial analyst at the first Lithuanian online brokerage Jusu Tarpininkas in 1999. In 2002 he became a business journalist and since 2004 was Editor in Chief, Business Desk, Lithuanian News Agency Elta. His career in asset management started in 2006 as an analyst and fund manager in Finasta Asset Management (Invalda INVL’s portfolio company). Since 2009 until 2016 he was an Investment Manager at Invalda INVL and since 2016 – the Head of Private Equity and a Member of the Management Board at INVL Asset Management. He has successfully implemented over 10 deals with a total value of c. EUR 250 million and has served on the boards of 20+ portfolio companies.

Currently is a Chairman of the Investor’s Association in Lithuania.

Education

Holds Bachelor’s degree in Business Administration, Kaunas University of Technology, Lithuania.

Over 20 years of experience in private equity and M&A 

Vytautas Plunksnis is the member of the Board and the Head of Private Equity at INVL Asset Management. He also serves as a Partner and Investment Committee member at INVL Baltic Sea Growth Fund and INVL Technology. He holds management and/or supervisory board positions in several portfolio companies  located in Lithuania, Latvia, Poland, Norway, and Moldova. Vytautas is the Chairman of the Supervisory Board of Maib, a leading bank in the Moldovan banking market. Additionally, he is the founder and Chairman of the Management Board of the Investors Association (Investuotojų asociacija). 

Vytautas has over 20 years of experience working in the Baltic private equity and capital markets, investing in Central Eastern Europe, and handling M&A transactions. He has led investment projects from raising capital, deploying it, supervising portfolio companies, and helping them expand organically and via M&A until exit. 

He started his career in 1999, working as a financial analyst at the first financial brokerage company  Jūsų tarpininkas in Lithuania.  

Since 2006, Vytautas become an analyst and fund manager at Finasta Asset Management. From 2009 to 2016, he worked as an investment manager at Invalda INVL, and since 2016, he has been the Head of Private Equity and a member of the board at INVL Asset Management. 

Education 

Vytautas holds a Bachelor of Business Administration at Kaunas University of Technology (Lithuania).  

Experience

Possessing 2+ years of banking experience, with over 1 year of experience in renewable energy. Proven expertise in international lending operations, loan regulations, and data administration. Currently, focused on ESG reporting and other critical aspects of REFI fund management.

Experience

Over 15 years of experience in private equity and M&A

Managing Partner & CIO at Surya Capital; Former Partner at CVCI Private Equity (Citigroup’s global emerging markets’s private equity division); Former head of private equity at SGRF (Sovereign Wealth Fund of Oman)

Started his career in 1996 at PwC in London. Started his investment career with Societe Generale Asset Management in 2000, when he first got involved with the Baltic States and in 2001 joined CVCI, eventually becoming one of two partners based in London and co-heading the firm’s efforts in the CEE region. During his tenure with CVCI, Ashwin was the lead or second transactor on 14 deals, deploying c. USD 735 million of direct private equity investments across a variety of deal types and sectors, primarily in CEE. From 2013 to 2015, he served as the Director of Private Equity at SGRF, the main Sovereign Wealth Fund of the Sultanate of Oman. Since 2016 he is the Managing Partner and Chief Investment Officer at Surya Capital, an East Africa-focused investment firm.

Ashwin and Invalda INVL team met in 2006 when CVCI co-invested with Invalda INVL in specialty pharmaceuticals company Sanitas. This was a very strong partnership over 5 years until the very successful exit in 2011.

Education

Holds MA (Hons) (First Class) in Economics from King’s College, University of Cambridge, UK, and is a Fellow of the Institute of Chartered Accountants in England & Wales.

Experience

Over 8 years of investment analysis experience specializing in global equities, wealth management portfolios, and private equity. Proven expertise in financial due diligence, modeling, and deal structuring.

Experience

Martynas Samulionis has more than 10 years of experience in investment management as well as forest and agricultural land management. He has been working at INVL Farmland Management for 9 years, where he has managed 3,000 ha of agricultural land and served as a member and chairman of the board. In his career, he has also consolidated the INVL Baltic Forests Fund I’s portfolio of more than 5,600 ha generating 27.29% IRR for investors upon closing. In addition to that Martynas participated in other forest and agricultural land deals together with the INVL Asset Management team.

Education

Stockholm School of Economics in Riga, Bachelor’s degree in Economics and Business.

Experience

Over 23 years of experience in private equity and M&A.

Former Director at The Rohatyn Group and former Vice President at CVCI Private Equity.

Education

London Bussines School MBA graduate

Experience

10+ successfully implemented and managed private equity, mezzanine, and real estate transactions. Proven track record with leading investment firms such as Baltic American Enterprise Fund, Hanseatic Capital, Tiltra Group, and Inova Baltic, totaling over €100 million in transaction value.

Experience

Kazimieras Tonkūnas is the Managing Partner for INVL Technology and Chairman of that company’s Investment Committee. He is also Chairman of the Board of Norway Registers Development, NRD, NRD Companies, Novian Pro and Novian Technologies, and is a member of the Supervisory Board of Zissor.

Kazimieras has over 30 years of experience in business development and management, with more than 35 years of experience in the field of IT. He has been developing INVL Technology and its subsidiaries ever since the company was established.

Education

He holds a master’s degree in economics and mathematics from Vilnius University, with a specialisation in systemic economic analysis.

Education and qualifications

Kaunas University of Technology, bachelor’s degree in business administration (1998)
Baltic Management Institute (BMI), International Executive Master of Business Administration (MBA) (2019).

25 years of experience in private equity investments and M&A

Sylwester initially spent 9 years advising on M&A transactions in the Central & Eastern European region and last 17 years executing investments for several private equity funds.

He started his professional career in 1999 at PricewaterhouseCoopers as a corporate finance consultant and worked at Rothschild Polska as an investment banker between 2001 and 2008.

In 2008 Sylwester joined IK Investment Partners to oversee the fund’s investments in Poland.

Between 2013 and 2018 he worked as an Investment Director at 21 Concordia, a Polish mid-market private equity firm. In his most recent position as Investment Director in Abris Capital Partners he focused on generating and monitoring investments in Poland and the CE region. During his career with private equity Sylwester has been responsible for many projects throughout the entire investment process from sourcing, deal structuring, financing, supervision and monitoring, to the ultimate exit, including taking operational roles within portfolio companies.

In 2025 Sylwester joined INVL Asset Management and is heading its private equity office in Poland.

Education

Sylwester holds a Msc degree in Finance & Banking from the Warsaw School of Economics (Poland).

 He is a CFA Charterholder and graduate of executive focused program of IESE Business School.

Kaspars Ustups is a Forest Manager in Latvia.

Phone number: +371 25617099

Experience

Paulius has extensive experience in investment fundraising and mergers and acquisitions (M&A). Before joining INVL, Paulius had worked for five years at CoInvest Capital, a venture capital fund. He has also worked in DNB Bank’s Bond Trading Unit and in Deloitte’s Financial Advisory Unit. He joined INVL Bridge Finance in 2023.

Education

Paulius holds a Bachelor’s degree in Economics from ISM University in Lithuania and a Bachelor’s degree in Business Management from BI Norwegian Business School in Norway.

Contact phone: +370 635 46 153

Experience

Before joining INVL, Viktorija was CEO of venture capital fund CoInvest Capital and served as a board member of LitBAN, the business angel network, for four years. From 2009 to 2018, she worked at the national promotional institution ILTE where she was responsible for the implementation of private equity and venture capital instruments and the selection of fund managers. Viktorija also has experience in insurance, leasing and banking. She joined INVL Bridge Finance in early 2023.

Education

Viktorija holds a Master’s degree in Economics from Vilnius University in Lithuania.

Contact phone: +370 629 16 488

Experience

Over 15 years of experience in private equity and M&A

Former Partner at PricewaterhouseCoopers Lithuania, Head of Advisory Services

Since 1994 through 2016 he worked with PwC Lithuania and took the path from Assistant to Manager and on to Partner. He headed the team of 40+ professionals in the Baltics specializing in Management Consulting and Transaction Advisory. Management Consulting business included IT, business processes optimization and risk management. Transaction Advisory included due diligence, M&A advisory, business analysis and other transaction support services. He accumulated unmatched experience in M&A, private equity, finance consulting and due diligence advising local and international investors on 200+ transactions. Joined Invalda INVL group in 2017.

Education

Holds Master’s degree in Accounting and Audit from Vilnius University, Lithuania.

Inita is a Farmland Manager in Latvia.

Phone number: +371 26553277

Experience

Over 6 years of experience in M&A and started private equity experience in 2024

Started his career in 2018 as an analyst in a management consulting company Vendos. In 2019 in parallel started working in a corporate finance advisory firm Aalto Capital, specializing in capital raising and M&A. Continued working in both Vendos and Aalto Capital as a project manager and associate during the years 2020-2024. Holds a Bachelor's degree in Economics and Business from Stockholm School of Economics in Riga.

Education

Stockholm School graduate

Experience

Extensive experience in finance and banking law, with a particular focus on the regulation of management companies, alternative investment funds, and publicly traded companies. Specialization in fund regulatory matters and fund administration. Together with INVL Asset Management, she is responsible for day-to-day supervision of the funds.

Darius Šulnis is the CEO and one of the shareholders of Invalda INVL, the leading Baltic asset management group. He also serves as Chairman of INVL Asset Management, Managing Partner and Investment Committee member at the leading private equity fund INVL Baltic Sea Growth Fund, and holds management and supervisory board positions in several other companies.

With over 30 years of experience in establishing and managing successful businesses and investments across Lithuania and the CEE region, Darius has gained deep expertise in business development and growth, M&A, investment attraction, and collaborating with entrepreneurs, as well as strategic and financial investors.

Darius began his career at Finasta, a one-man financial brokerage company, where he played a pivotal role in its growth into one of Lithuania's largest and fastest-growing financial brokerage firms. He later took an active operational roles in executive management positions in a number of other companies before assuming the leadership of Invalda INVL.

Throughout his career, Darius has also served on the supervisory councils and boards of numerous companies across Poland, Latvia, and Lithuania, contributing his expertise to the growth and success of these organizations.

He holds a Master’s degree in Accounting and Audit from Vilnius University and earned a Global Executive MBA from Duke University.

Darius Šulnis is the CEO and one of the shareholders of Invalda INVL, the leading Baltic asset management group. He also serves as Chairman of INVL Asset Management, Managing Partner and Investment Committee member at the leading private equity fund INVL Baltic Sea Growth Fund, and holds management and supervisory board positions in several other companies.

With over 30 years of experience in establishing and managing successful businesses and investments across Lithuania and the CEE region, Darius has gained deep expertise in business development and growth, M&A, investment attraction, and collaborating with entrepreneurs, as well as strategic and financial investors.

Darius began his career at Finasta, a one-man financial brokerage company, where he played a pivotal role in its growth into one of Lithuania's largest and fastest-growing financial brokerage firms. He later took an active operational roles in executive management positions in a number of other companies before assuming the leadership of Invalda INVL.

Throughout his career, Darius has also served on the supervisory councils and boards of numerous companies across Poland, Latvia, and Lithuania, contributing his expertise to the growth and success of these organizations.

He holds a Master’s degree in Accounting and Audit from Vilnius University and earned a Global Executive MBA from Duke University.