Expansion Capital Fund AIF invests from EUR 100 000 up to EUR 1 500 000 EUR in Latvian companies with minimum equity stake of 20%. We consider opportunity to provide mezzanine financing when bank loan is not available.
We prefer ideas, projects, and companies that are export oriented, do not depend on domestic consumption, and have strong growth potential.
Expansion Capital Fund AIF from August, 2013 till October, 2016 has invested EUR 14 100 000 in 35 companies. Currently the fund does not make new investments, but actively manages and adds value to its investments.
The team of fund management company Expansion Capital AIFP plans to participate in Latvian state-owned development finance institution ALTUM organized next generation fund manager tender, in order to continue to invest and finance mainly perspective Latvian ideas, projects, and companies.