Financials & Investments

Ellex Klavins advises leading financial institutions and investment companies on the most significant finance transactions. We enjoy a heavy volume of banking-related work, including commercial lending, syndicated loans, refinancing and portfolio restructuring. Our experts assist clients seeking to operate on a cross-border basis to comply with EU passporting and general good provisions, or alternatively we help clients to structure the nature of their investment services in order to comply with applicable restrictions or requirements.
Key projects in the field

Key contacts

Egons Piķelis

Partner

Co-head of Banking & Finance Practice Group
+371 6781 4848
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Valters Diure

Associate Partner

Co-head of Banking & Finance Practice Group
+371 67350541
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What's new in field
Ellex and Allen & Overy advise Blackstone on the acquisition of a majority stake in Luminor for EUR one billion
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Key projects in the field

We advised SG Capital Partners AIFP on raising investments in the amount of EUR 80 million
Ellex Klavins provided legal assistance to the alternative investment fund manager SIA SG Capital Partners AIFP with regard to raising investments in the commercial real estate fund SG Capital Partners Fund I KS managed by it. The overall amount of the investments of SG Capital Partners Fund I KS reaches 80 million euros.
 
SG Capital Partners AIFP is the manager of investments in commercial real estate in the Baltics, which invests in income-generating retail and office properties in Riga, Vilnius and Tallinn focusing on sustainability. Investors of SG Capital Partners Fund I KS are the leading institutional investors in the Baltic Region.
 
 
 
We assisted SG Capital Partners to obtain an AIFM licence from the FCMC
09.05.2019
 
Ellex Klavins provided legal assistance to SIA SG Capital Partners in obtaining an Alternative Investment Fund Manager (AIFM) license from the Financial and Capital Market Commission (FCMC).
 
SIA SG Capital Partners AIFM has been operating as a registered alternative investment fund manager since 2016. With the FCMC Board's decision to grant the license, that registration has been cancelled and SG Capital Partners AIFM has become a licensed alternative investment fund manager, which is the first such case in Latvia.
 
SG Capital Partners AIFP (SG Capital) is a Baltic commercial real estate investment manager and manages the closed alternative investment fund KS SG Capital Partners Fund 1.
 
More information is available here.
We advised UnifiedPost Group on the acquisition of Fitek Holding
05.04.2019
 
Benelux’s company UnifiedPost Group acquired the Baltic-based Fitek Holding from the private equity fund BaltCap.
 
Ellex advised UnifiedPost Group on the transaction that enabled the creation of a major European FinTech player that is also one of the largest financial technology companies in Europe.
 
UnifiedPost Group, headquartered in Belgium, is one of Europe's leading FinTech companies that helps businesses to digitize and optimize their financial value chain. They provide a complete technology portfolio for identity management, document processing, robotic accounting and apps with added value.
 
Fitek is the market leader in the financial automation process. The company operates in Estonia, Latvia, Lithuania, the UK, Slovakia, the Czech Republic, Serbia and Bosnia and Herzegovina.
 
UnifiedPost was advised by Partner Sven Papp, Counsel Jaanus Ikla and Senior Associate Gerda Liik in Estonia, Associate Partner Sarmis Spilbergs and Associate Marta Cera in Latvia, Partner Paulius Gruodis, Senior Associate Mantas Juška and Arvydas Grušeckas  in Lithuania.