TGS Baltic has advised I Asset Management on obtaining an alternative investment fund manager license under the Alternative Investment Funds Managers Directive, to operate throughout the EU.
According to the firm, "the management company license grants the right to manage alternative collective investment undertakings and to establish collective investment undertakings, across the European Union, and market investments in such undertakings under the pan-European marketing passport. This is the fifth alternative investment fund manager license in Lithuania."
I Asset Management is a Vilnius-headquartered investment management company with assets under management amounting to around EUR 200 million.
The TGS Baltic team included Partner Agnius Pilipavicius, Senior Associate Karolina Lapinskaite, Associate Elvinas Kizys, and Junior Associate Kotryna Visockyte.