Investment Funds

Who We Are

Our work with investment funds is mostly related to corporate matters and M&A. Our tax practice ideally supports the client efforts to make their investment with maximum returns. If necessary, we assist clients with green field investments and corporate litigation where the fund’s minority interest has not been respected by the other shareholders.

Practice In Detail
  • Formation
  • Joint ventures
  • Liquidation & Insolvencies
  • Litigation
  • M&A
  • Management Incentives
  • Regulatory
  • Shareholders’ Rights
  • Taxation
Clients
  • Digitālās ekonomikas attīstības centrs
  • East Capital Real Estate
  • GPT Production Latvia
  • Infima
  • Latvijas telekomunikāciju asociācija, Biedrība
  • WIDENET

Experience

Regularly advises A3E Capital SICAV plc, a fund in Malta, on ownership residence and structuring, tax optimization, owners’ tax compliance, etc.

Developing a legal framework and a unique contractual arrangement for Merks SIA to indirectly finance construction of residential project. The negotiations involved potential lending by SEB banka and complex financial security arrangement. The expected project value would exceed EUR 20 Mio.

Assisting the Latvian Ministry of Economics in creating a single state-owned holding providing business development aid. The entity manages assets worth EUR 500 Mio. through shares in financial institutions LGA, Hipotēku banka and LAF. We showed that the holding would receive in-house services from these institutions, so public procurement rules would not apply.

Assistance to Salt Investments ehf, an Icelandic investment fund, in potential purchase of the shares in the leading business school in Latvia. The firm carried out legal due diligence and worked on the share purchase agreement.

Advising Latvian State Roads on using performance bonds, bid bonds, mother company sureties and other aspects of PPP for road construction project between Riga and Sigulda worth EUR 150 Mio.

Advising KPMG and Hipotēku banka on restructuring this state-owned general commercial bank into a development bank. We covered privatisation laws, banking regulations, competition and public procurement law aspects including advice on change of control provisions under the syndicated loan agreements.

Key Contacts

Gints Vilgerts

Partner, M&A

+371 29 107 768

gints.vilgerts@vilgerts.comEmail

Vairis Dmitrijevs

Head of M&A

+371 29 258 370

vairis.dmitrijevs@vilgerts.comEmail

Instagram