News

INVL Asset Management establishes the INVL Partner Global Distressed Debt Fund I

The Bank of Lithuania has approved the establishment documents of the INVL Partner Global Distressed Debt Fund I, a subfund founded by INVL Asset Management, one of Lithuania’s leading asset management companies. The new subfund will act as a feeder fund for a distressed debt fund established by a  world-class investment management firm.

INVL invests in leading medical mobility manufacturer

INVL Baltic Sea Growth Fund(“the Fund”), the largest private equity investment fund in the Baltic region, has completed the acquisition of a stake in MBL Group(“MBL” or “the Company”), a leading European manufacturer of medical mobility devices, headquartered in Denmark.

Prior to the completion of this transaction, MBL was 70% owned by the Lauritsen family, who founded the company in 1988, with the remaining 30% ownership held by Accession Mezzanine Capital III, a fund advised by Mezzanine Management. As a result of this deal, the Fund has indirectly acquired 48% of MBL while the remaining 52% will continue to be owned by the Lauritsen family.