The Baltic Capital Markets Acceleration Fund provides long-term support to Baltic companies preparing to enter public markets and help accelerate the development of local capital markets.

Fund details

The Baltic Capital Markets Acceleration Fund began its operations in October 2025 and will remain active for the next decade. Over this period, the Fund will focus on building a stronger regional investment landscape by enabling more Baltic companies to access the scale and visibility offered by public markets.

  • FUND TYPE : Closed-end

  • INVESTOR TYPE: For informed investors only

  • STRATEGY: Investments in pre-IPO stage SMEs and innovative mid-cap companies in the Baltics, with a clear intent to go public, through newly issued share capital or bond placements

  • GEOGRAPHY: Baltic and CEE region

  • TARGET FUND SIZE: >EUR 50 000 000

  • START DATE: 2025 10

  • DURATION: 10+2

Fund manager

Fund partner in Latvia

Core investor

Core investor

Our mission and goals

Expand access to growth capital – provide funding for ambitious Baltic SMEs and mid-caps that need equity or bond financing to accelarate growth

Prepare companies for public markets – support governance, structure, and investor readiness — helping businesses become attractive to institutional and retail investors.

Promote local ownership and confidence – enable regional companies to raise capital locally, keeping ownership and long-term value creation in Baltic hands.

Strengthen the capital market ecosystem – foster more listings, improve market liquidity, and attract a broader base of investors to the region.

1
2
3
4
Key executives

Rokas Žemaitis, CFA

1 Asset Management | Fund Partner
Team lead Lithuania, Key Executive

Dmitrijs Smirnovs

Baltic Partners | Fund Partner
Team lead Latvia, Key Executive

Investment & governance team

Alius Jakubėlis

1 Asset Management

Valerijs Kulickis

Baltic Partners

Ieva Kuodė

1 Asset Management

Steponas Viršilas

1 Asset Management

Rokas Žemaitis, CFA
1 Asset Management | Fund Partner

Team lead Lithuania: Deal structuring, board participation in investee companies

Dmitrijs Smirnovs
Baltic Partners

Team lead Latvia: capital raising, deal structuring, investee companies monitoring

Ieva Kuodė
1 Asset Management
Head of investor relations

Alius Jakubėlis
1 Asset Management | CEO

Deal sourcing, capital raising, board participation in investee companies

Steponas Viršilas
1 Asset Management | Senior Associate

Project analysis, deal structuring and support for portfolio company governance

Valerijs Kulickis
Baltic Partners

Deal sourcing, capital raising, board participation in investee companies

Get in touch

If you have questions about financing or would like to discuss potential funding opportunities, we encourage you to get in touch with our team.