Funds

International Internet Magazine. Baltic States news & analytics Tuesday, 09.02.2016, 07:39

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Lords LB Asset Management’s fund to acquire Comfort Hotel LT in Vilnius from Norway’s Selvaag

Lords LB Asset Management’s fund to acquire Comfort Hotel LT in Vilnius from Norway’s Selvaag

02.02.2016

A fund managed by investment management firm Lords LB Asset Management is set to acquire Comfort Hotel LT, a hotel in Vilnius, from Norway’s fund Selvaag Eastern European Development, reports LETA/BNS.

Keyword tags: EU – Baltic States, Funds, Investments, Lithuania, Real Estate, Tourism



Lithuania transfers first EUR 10 mln to bank resolution fund

Lithuania transfers first EUR 10 mln to bank resolution fund

02.02.2016

Lithuania's commercial banks have contributed the first 10 million euros to a special fund that can be used to restructure problem banks, the central bank said on February 1st, cites LETA/BNS.

New investment fund bringing extra financing options for PPPs in Lithuania

New investment fund bringing extra financing options for PPPs in Lithuania

01.02.2016

The establishment of a new investment fund in Lithuania is set to increase access to funding for companies taking part in public private partnership (PPP) projects. The Baltic Energy and Infrastructure Fund (BEIF) was established in January 2016 by Lords LB Asset Management, a Lithuanian fund management company, reported BC PPP project management department representative Irmantas Butkauskas.


LHV acquires Danske pension funds in Estonia

LHV acquires Danske pension funds in Estonia

29.01.2016

AS LHV Varahaldus, a subsidiary of the Estonian financial group LHV, on Friday concluded with Danske Bank A/S and its Estonian branch an agreement on the acquisition of 100% of the shares of Danske Capital AS, reports LETA/BNS.

Marguerite Fund acquires 28.97% shares in Latvijas Gaze

Marguerite Fund acquires 28.97% shares in Latvijas Gaze

28.01.2016

The Marguerite Fund today acquired 28.97% shares in joint-stock Latvian gas supply company Latvijas Gaze (LG), LETA was informed by the company.

27.01.2016

Estonia received EUR 3.4 bln in EU structural aid in 2007-2013 budgetary period

Estonia received European Union support worth 3.4 billion euros, or 2,800 euros per resident, during the 2007-2013 budgetary period, informs LETA/BNS.

21.01.2016

Assets of Latvia's second-pillar pension plans grow by EUR 327 mln in 2015

The assets of pension plans under the government-funded or second-pillar pension scheme in Latvia grew by more than EUR 327 million in 2015 to EUR 2.336 billion, reported LETA, referring to the Association of Latvian Commercial Banks.

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