The first Lithuanian energy and infrastructure investment fund is set up

Professionals of the law firm TVINS advised investment management company Lords LB Asset Management in setting up the first Lithuanian investment fund that will specialise in investments in energy and infrastructure projects.

Baltic Energy and Infrastructure Fund (BEIF) seeks to accumulate EUR 200m in assets under management within three years and invest them in energy and infrastructure projects in Lithuania, Latvia and Estonia.

BEIF is the first Lithuanian investment fund which is set up under the Law on Management Companies of Collective Investment Undertakings for Professional Investors which came into force as of 1 January 2015.

Professionals of the law firm TVINS drafted instruments of incorporation of the fund, prospectus, other documents of the fund, represented the client at the Bank of Lithuania as well.

The case was handled by managing partner dr. Tomas Talutis.