INVL Bridge Finance, a private debt fund managed by INVL Asset Management, one of the leading alternative asset managers in the Baltic States, ended 2025 with solid growth. The fund\u2019s net asset value surpassed EUR\u202f50\u202fmillion, while delivering an annual net return of 9.2% to investors.<\/p>\n
The fund\u2019s Executive Partner Viktorija\u202fVaitkevi\u010dien\u0117 says these results confirm that the Baltics have joined the global private credit wave \u2013 a key driver of business development and investment diversification.<\/p>\n
The fund doubles its capital inflows<\/strong><\/p>\n In 2025, INVL\u202fBridge\u202fFinance attracted more than EUR\u202f13\u202fmillion of new commitments from investors in Lithuania, Latvia and Estonia \u2013 twice as much as in 2024. Since inception, total commitments have reached almost EUR\u202f64\u202fmillion.<\/p>\n According to Ms\u202fVaitkevi\u010dien\u0117, the fund ensured a consistent cash flow to investors last year, distributing almost EUR\u202f4\u202fmillion in payouts. Over its 11\u202fyears of operation, cumulative distributions have approached EUR\u202f32\u202fmillion.<\/p>\n To date, the fund has financed 27\u202fprojects. The current active portfolio consists of six companies, and 2025 ended dynamically with two new investments completed in the real\u2011estate and alternative\u2011lending sectors. The year also saw a partial exit from AB\u202fCivinity and a full exit from SIA\u202fFinto\u202fCapital, totalling EUR\u202f8\u202fmillion, enabling reinvestment of realised returns into new projects.<\/p>\n Increasing engagement from private investors<\/strong><\/p>\n \u201cGlobal investment giants such as BlackRock forecast that assets managed by private debt managers will double by 2030,\u201d says Ms\u202fVaitkevi\u010dien\u0117. \u201cHowever, it\u2019s not only about scale \u2013 the very structure of funds is changing. We see a clear global trend: investors increasingly prefer flexible evergreen or semi\u2011liquid funds over traditional closed\u2011ended vehicles that lock in capital for five to seven years.<\/p>\n \u201cThis demand for liquidity is also reaching the Baltics. Investors in our region are seeking not only higher yields but also the ability to access or reinvest funds periodically rather than tying up capital for long periods. Our results fully reflect that \u2013 the fund\u2019s more flexible structure has enabled us to attract a record amount of capital from private investors.\u201d<\/p>\n Growing financing supply benefits businesses<\/strong><\/p>\n With EU capital requirements tightening, banks are optimising their balance sheets and sharing risk with private debt managers. This collaboration allows companies to obtain financing simultaneously from both banks and private credit funds.<\/p>\n \u201cAlternative financing is no longer just a back\u2011up option,\u201d says Ms\u202fVaitkevi\u010dien\u0117. \u201cAs interest rates decline, the cost of private credit has become affordable even for strong, bank\u2011grade companies that, for various reasons, cannot or do not wish to use traditional bank loans.<\/p>\n \u201cToday, businesses can choose flexibly between public bonds, crowdfunding platforms and private funds, so the boundaries between these instruments \u2013 and sometimes even banks themselves \u2013 are becoming blurred. Growing competition among financiers means businesses can secure better terms.<\/p>\n \u201cAs a fund, we see the greatest potential in financing larger projects (EUR\u202f2\u201310\u202fmillion) \u2013 amounts often too big for smaller lenders such as credit unions or platforms. Private funds can bridge that gap, offering both speed and the right scale.\u201d<\/p>\n Active outlook ahead<\/strong><\/p>\n Looking ahead, Ms\u202fVaitkevi\u010dien\u0117 expects that, despite geopolitical or macroeconomic fluctuations, the financing needs of businesses will continue to grow.<\/p>\n \u201cTrends will remain similar \u2013 we are seeing more financiers prepared not only to serve the local market but also to expand beyond the Baltics, as well as more companies seeking funding,\u201d she says. \u201cThe market is maturing, and businesses increasingly recognise that private credit is not a last\u2011resort option but often a strategic choice for expansion or acquisitions.<\/p>\n \u201cBoth public and private markets will remain active, and we are fully prepared to meet this rising demand,\u201d she concludes.<\/p>\n About INVL Asset Management <\/strong><\/p>\n INVL Asset Management is the leading Baltic alternative asset manager. We strive to deliver superior risk-adjusted returns to our investors while positively impacting our region\u2019s economic development.<\/p>\n We are part of the Invalda INVL group with a track record spanning over 30 years. Our group manages or has under supervision EUR 2 billion of assets across multiple asset classes, including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. Our scope of activities also includes family office services in Lithuania, Latvia, and Estonia, managing pension funds in Latvia, and investing in global third-party funds. For further information, visit www.invl.com\/en\/.<\/p>\n Important information<\/strong><\/p>\n This is a marketing communication, which is not and shall not be construed as an offer to purchase investment units of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs any individual investor.<\/p>\n When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and an investor may recover less than he\/she\/it has invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the rules, prospectus and other documents of the respective collective investment undertaking.<\/p>\n Units of this collective investment undertaking, mentioned in this press release may only be distributed to informed investors as defined in the Law on Collective Investment Undertakings for Informed Investors of the Republic of Lithuania, as amended and supplemented from time to time, and may not be distributed and transferred to any other clients.<\/p>\n","protected":false},"excerpt":{"rendered":" INVL Bridge Finance, a private debt fund managed by INVL Asset Management, one of the leading alternative asset managers in the Baltic States, ended 2025 with solid growth. The fund\u2019s net asset value surpassed EUR\u202f50\u202fmillion, while delivering an annual net return of 9.2% to investors. The fund\u2019s Executive Partner Viktorija\u202fVaitkevi\u010dien\u0117 says these results confirm that […]<\/p>\n","protected":false},"author":6,"featured_media":200264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[307],"tags":[375],"class_list":["post-200266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invl-bridge-finance","tag-private-debt"],"acf":[],"yoast_head":"\n