Raft Capital Baltic Equity Fund raises EUR 50 million in investments

IISUTIB Raft Capital Baltic Equity Fund, an investment fund founded by Raft Capital Management, has raised EUR 50 million in investments.

The fund plans to invest in rapidly growing companies in Lithuania and other Baltic countries, with a particular focus on small and medium-sized enterprises in the Baltic States that are currently growing or have significant growth potential.

The European Investment Fund (EIF), INVEGA, Luminor, and other private investors invest through Raft Capital Baltic Equity Fund. The goal of investments is to help companies grow and become more appealing to international investors. The fund plans to make 8-12 investments, adhering to ESG criteria to promote sustainable and innovative business practices.

COBALT advised IISUTIB Raft Capital Baltic Equity Fund on the establishment matters, drafted and coordinated incorporation documents with anchor investors and the Bank of Lithuania, and offered additional related legal services

The project was led by Partner Akvilė Bosaitė and her team.