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Livonia Partners Fund will invest 70 mln euros in the Baltic States

BC, Tallinn, 06.08.2015.Print version
New private equity fund Livonia Partners Fund I will begin with investing 70 million euros in the Baltic States, writes Äripäev.ee/LETA.

Livonia's investors are Baltic and Nordic and Western European pension funds and development and financial institutions, stated the enterprise, where Rain Lõhmus is one of the founders.

 

The fund will focus on enterprises not listed on stock exchanges, and the size of the investments will range from 3 to 15 million euros per enterprise. Livonia is planning to make 8-12 investments.

 

“We see great potential in the Baltic region,” said Kaido Veske, one of the founding members of Livonia Partners. Rain Lõhmus, another founder of Livonia, added that the previous experiences gained by the team will keep them close to entrepreneurs.

 

Other partners in the fund are Kristine Berzina and Mindaugas Utkevicius. Livonia has offices in Tallinn, Riga and in Vilnius, and is registered in Latvia.






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