Akcinė bendrovė „Invalda INVL“

Akcinė bendrovė „Invalda INVL“ (AB Invalda INVL) is a Lithuania-based public investment management group best known under the INVL brand for building and managing alternative investment strategies across the Baltics and Central & Eastern Europe. The company is listed on Nasdaq Vilnius and, together with group entities, manages private equity, private debt, infrastructure and renewable energy, real assets (forestry and farmland), and other alternative strategies.

Company Overview

Legal name: Akcinė bendrovė „Invalda INVL“ (AB Invalda INVL)
Founded: Origins in 1991; reorganised and listed as a public joint-stock company in the mid‑1990s; current name adopted in 2015 following brand consolidation around INVL
Headquarters: Vilnius, Lithuania (registered office in central Vilnius; see Legal Information)
Stock exchange: Nasdaq Vilnius (Main List); ticker commonly reported in public sources as IVL1L
Industry sector: Asset Management / Alternative Investments (private equity, private debt, real assets, infrastructure/renewables)
Group brands/entities: INVL (asset management platform), with specialist funds across private equity, renewable energy, forestry, farmland and other alternative asset classes

Legal Information

Įmonės kodas (company code): 121304349 (as stated in public market and corporate disclosures)
PVM mokėtojo kodas (VAT code): Not clearly published in the official investor-facing materials available to us; please verify via the Lithuanian Register of Legal Entities (Registrų centras) or the company’s latest filings
Official website: www.invaldainvl.com (corporate) and www.invl.com (group asset management information)
General email: info@invaldainvl.com (corporate contact, per public corporate materials)
Registered office address: Gynėjų g. 14, LT‑01109 Vilnius, Lietuva (Lithuania)
Registered office phone: Not explicitly and unambiguously listed for the AB entity in public sources reviewed; the group typically directs inquiries via email or website contact channels

Business Operations

Main products/services:
- Alternative investment fund management (private equity, private debt, infrastructure/renewables, real assets such as forestry and farmland)
- Capital raising from institutional and qualified/ professional investors in the Baltics and internationally
- Value creation through active ownership, operational improvements and growth initiatives in portfolio companies and assets

Business model:
- Establishes and manages closed-end alternative investment funds and strategies
- Earns management and performance fees aligned with investor outcomes
- Leverages regional networks and sector expertise to source, own and develop assets primarily in the Baltic states and broader CEE

Market position:
- Recognised among the leading independent asset managers in the Baltics for alternative investments
- Strong franchise in renewables (utility-scale solar/wind), forestry, farmland, and mid-market private equity across the region

History

1991–1997: The group traces its origins to the early 1990s in Lithuania’s post‑independence market economy build‑out. It evolved into a public joint‑stock company and became one of the early investment groups listed in Vilnius.
2000s: Invalda gained prominence as an investment holding and asset manager, developing and later divesting positions across manufacturing, pharmaceuticals, furniture, infrastructure and other sectors as markets matured.
2010–2014: Portfolio restructuring and exits from mature holdings; expanded focus on professional asset management as a core competency.
2015: Brand consolidation under “INVL” and adoption of the name “Invalda INVL,” reflecting the shift from holding-company profile towards a dedicated asset management platform.
2016–2022: Growth of dedicated alternative strategies including forestry, farmland, and renewable energy; development of private equity and private debt capabilities; listing and governance refinements across the INVL ecosystem of managed entities.
2023–2024: Strategic re-focusing on alternative investments following transactions that separated the mass‑retail pension/mutual fund business; reinforcement of platform scale in renewables and private markets through new fund launches and fundraising.

Financial Information

Revenue and earnings: As a listed company, AB Invalda INVL publishes audited annual and interim consolidated results. Headline metrics (revenues/management fees, performance income, consolidated profit/loss and equity) vary year‑to‑year with fundraising cycles, investment performance, and transaction outcomes. For exact figures, see the latest annual report and Nasdaq Vilnius releases.

Assets under management (AUM): The INVL platform has reported total AUM in excess of EUR 1 billion in recent years, with growth driven by institutional mandates and alternative strategies (exact, date‑specific AUM should be taken from the latest reporting on www.invl.com).

Funding and capital: Invalda INVL is primarily equity‑financed as a listed AB; it may raise capital at fund level from LPs and co‑investors. Corporate‑level bank facilities may be used prudently for operations and investments, subject to disclosures.

Ownership structure: The shareholder base includes founders/partners and public investors. The detailed, up‑to‑date shareholder structure (major holders and free float) is disclosed in annual reports and on Nasdaq Vilnius/issuer pages. Please refer to the latest official filings for percentages and changes over time.

Leadership and Management

Key executives (vadovai):
- Darius Šulnis – President and Chief Executive Officer (Generalinis direktorius; also a leading figure in the group’s strategy and investments)
- Senior leadership and partners include experienced heads across private equity, renewables/infrastructure, real assets, and finance functions in the INVL platform (specific roleholders are disclosed in annual reports and the corporate website).

Board (Valdyba) and governance:
- The Board typically includes long‑standing partners/shareholders of the group. In recent public disclosures, names commonly appearing include Darius Šulnis, Alvydas Banys, and Indrė Mišeikytė among others.
- Exact composition (Chair, members, independent members) and any supervisory council arrangements are subject to shareholder meeting outcomes; please consult the latest corporate governance report for the current roster.

Office Locations

Registered office (AB Invalda INVL):
Gynėjų g. 14, LT‑01109 Vilnius, Lietuva
Phone: Not clearly published for the AB entity in authoritative public sources; use the email/contact channels below.

Group footprint:
INVL-branded asset management teams operate primarily from Vilnius (Lithuania) with regional presence and investor coverage across the Baltics (e.g., Riga) and broader CEE via fund vehicles and partnerships. Exact postal addresses and phone numbers for non‑Lithuanian locations are provided on the INVL group site for the relevant management companies.

Market Position

Competitors:
- Baltic private markets managers: BaltCap, Livonia Partners, Iron Wolf Capital, ZGI, and others
- Real assets/infrastructure peers: Lords LB Asset Management (real estate/infrastructure), renewable energy developers and fund managers active in CEE
- For mass‑retail pension/UCITS (historically): universal banks’ AM arms (Swedbank, SEB) and local managers; after strategic transactions in 2023–2024, Invalda INVL’s focus is more squarely on alternative assets

Competitive advantages:
- Long operating history and brand recognition in the Baltics
- Deep local sourcing network and sector expertise in renewables, forestry, farmland, and mid‑market private equity
- Disciplined, value‑creation approach and alignment via performance‑linked economics

Market share: Not systematically published for alternative strategies; the platform is widely regarded among the leading independent managers in the Baltic alternatives space. Specific share metrics vary by strategy and are not consistently available from public sources.

Recent Developments

Strategic re‑focus (2023–2024): The group completed transactions separating its large retail pension/UCITS activities, reinforcing AB Invalda INVL’s strategic emphasis on alternative investments and professional/institutional capital formation.

Renewable energy and infrastructure: Continued fundraising and deployment in utility‑scale solar and wind projects across the region via INVL Renewable Energy funds and related vehicles, with new project pipelines announced in public updates.

Private markets platform: Ongoing activity in private equity, private debt, and real assets, including forestry and farmland funds, with periodic closings and portfolio updates published to investors and via stock exchange releases.

Note: For precise dates, transaction values and AUM, refer to the latest press releases, periodic reports, and Nasdaq Vilnius announcements.

Contact Information

Corporate website: www.invaldainvl.com
Group (asset management) website: www.invl.com
Email (general): info@invaldainvl.com
Registered office: Gynėjų g. 14, LT‑01109 Vilnius, Lietuva
Phone (AB Invalda INVL): Not unambiguously listed in public corporate sources; please initiate contact via email or the website’s contact forms. Investor relations contacts are provided in annual reports and corporate governance disclosures.

Notes on Data Gaps

Where specific items (e.g., VAT code, direct phone line for the AB entity, up‑to‑date board composition with exact titles, most recent revenue/AUM figures) were not clearly stated in publicly accessible, authoritative sources at the time of preparation, this profile flags them as unavailable and directs readers to official filings. Users should consult the Lithuanian Register of Legal Entities (Registrų centras), the company’s latest annual report, and Nasdaq Vilnius announcements for definitive, current data.

Sources and References

- Invalda INVL (corporate site): www.invaldainvl.com — corporate information, governance, reports, and contacts
- INVL (group asset management site): www.invl.com — platform overview, strategies, fund information, AUM updates
- Nasdaq Baltic (issuer/market announcements for AB Invalda INVL): www.nasdaqbaltic.com — ticker information, periodic and current reports (Lithuania / Vilnius)
- Annual and interim reports of AB Invalda INVL (latest available) — financials, shareholder structure, governance rosters (accessible via the corporate website and Nasdaq Vilnius)
- Lithuanian Register of Legal Entities (Registrų centras/JAR) — authoritative legal data (company code, VAT payer status), accessible to the public or by request