Industry Financial Services Products Private Equity | Founded 1995 Website BaltCap.com | |
Headquarters Tallinn, Estonia
Riga, Latvia
Vilnius, Lithuania | ||
BaltCap is a private equity and venture capital investor in the Baltic states of Estonia, Latvia and Lithuania focusing investment on the growth and realization of small and medium enterprises (SMEs). BaltCap invests in Baltic companies with the potential to grow in the region and beyond out of its offices in the capitals of Tallinn, Riga and Vilnius. It is a member of the European Private Equity & Venture Capital Association (EVCA) and the Estonian, Latvian and Lithuanian Venture Capital Associations.
Contents
Investment process
BaltCap seeks to invest in small and medium size enterprises in the Baltic region across a variety of sectors. Current portfolio companies are in sectors including construction, retail, services, and IT.
Funds
Over 12 years BaltCap has raised several funds: Baltic Investment Fund I and II are fully exited; Baltic Investment Fund III and Baltic SME Fund are fully invested; BaltCap Private Equity Fund is actively investing.
In 2010, BaltCap launched BaltCap Latvia Venture Capital Fund and Lithuania SME Fund which are established under the JEREMIE initiative managed by the European Investment Fund. The fund infused notable amount of capital, namely €3.2m, in Trev-2, a Latvian infrastructure constructor company in 2010. Other major investments include €1,5m invested into Latvia's largest payroll group, AGroup. and €1m into Clusterpoint database management.