Alpha Asset Management secures authorisation as a management company

In January, JSC Alpha Asset Management was issued an authorisation for activities of a management company. This authorisation granted to the management company entitles it to manage collective investment undertakings intended for informed investors, which operate in accordance with the Law of the Republic of Lithuania on Collective Investment Undertakings Intended for Informed Investors.

The anticipated focus for JSC Alpha Asset Management’s investments includes residential and commercial buildings with a stable rental income flow, projects involving the development of residential and commercial real estate, and holdings in companies known for providing reliable dividends.

COBALT advised JSC Alpha Asset Management on all matters related to obtaining an activity permit, prepared the required documentation for permit issuance, and represented the management company’s interests at the Bank of Lithuania. The project was led by COBALT Banking and Finances group Partner Eva Suduiko and Senior Associate Vytautas Vosylius.