On 20 March 2015, COBALT was nominated for "Repeated success in consulting on the largest number of venture capital funds transactions" by the Lithuanian Private Equity and Venture Capital Association (LT VCA). The nominations were announced at the Annual General Meeting and the Awards Ceremony of LT VCA held to honour venture capital funds, associate members and individuals for their latest achievements.
Last year, at the first-time Awards Ceremony, the law offices received an award for its active participation in venture capital funds transactions. COBALT’s experts were acclaimed as the leading players in the market.
At the Awards Ceremony, Akvile Bosaite, Managing Associate and Head of Banking and Finance Practice Group, was nominated in the category of recognised individuals for her expertise and efficiency.
The Lithuanian Private Equity and Venture Capital Association (LT VCA) has 20 active companies / members covering different types of venture capital business activities: fund management companies, consulting firms, lawyers, public institutions etc. Apart from monitoring of legal, regulatory and tax issues, research studies and statistics, training, development and communication, LT VCA serves as a central platform for representing and promoting the venture capital business to institutional investors, opinion leaders, and public policy makers.