Professionals of the law firm TESET advised investment management company Lords LB Asset Management UAB on establishment of new investment fund

Professionals of the law firm TESET advised the investment management company Lords LB Asset Management UAB on the establishment of Green Energy Growth Fund, a new closed-end investment fund for informed investors (after that – the Fund).

The Fund will follow the regulation relating to Sustainable Finance Disclosure Regulation (SFDR) in the financial services sector with its Dark Green Article 9 products. Dark Green products are products whose sole purpose is sustainable investment.

Professionals of the law firm TESET advised the client on structuring of the Fund, drafted all documents of the Fund, including rules, prospectus, and other internal procedures, required for the activity of the Fund, as well as represented the client at the Bank of Lithuania on the establishment of the Fund.