On 17 April, COBALT Vilnius office won an exclusive award from Lithuanian Private Equity and Venture Capital Association for its active participation in the largest venture capital funds transactions in terms of deal volume. The Firm‘s experts were acclaimed as the leading players in the market at the first time held awards ceremony to honour the latest achievements of the Association members.
Association also awarded a group of venture capital companies: Practica Capital for a successful start to attract international investors, risk capital fund Business Angels Fund I for Business angels network development in Lithuania, capital fund LitCapital I for cherishing core investors’ values. Lithuania SME Fund, a growth capital fund organized by private equity and venture capital firm BaltCap, was awarded the title of The Largest Employer nomination.
Lithuanian Private Equity and Venture Capital Association currently have 13 active members covering different types of venture capital business activities: fund management companies, consulting firms, lawyers, public institutions etc., who support and advise investors and entrepreneurs in the structuring and management of their partnerships.