COBALT contributed to the establishment of the umbrella hedge fund ORION PORTFOLIO FUND

COBALT assisted the client UAB ORION ASSET MANAGEMENT, a management company, in the establishment of the open-end hedge fund ORION PORTFOLIO FUND, which is exclusively dedicated to professional investors and intends to invest in a wide range of financial instruments. This is the first umbrella fund in Lithuania, having started its operations with one sub-fund.

Senior Associate Akvilė Bosaitė, head of COBALT Finance and Capital Markets Practice Group, and Associate Karina Kuizinaitė drafted and coordinated the preparation of the documents of incorporation of the fund and advised on other related aspects.