Banking & Finance

Ellex Klavins represents major international and domestic banks, investment firms, insurance companies and other financial institutions. Our experts work on a range of complex financial transactions, particularly those in a cross-border context.  We have advised on some of the largest syndicated lending transactions that have taken place in Latvia and we have been part of many groundbreaking deals.
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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Raivis Leimanis

Senior Counsel

+371 67847381
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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.
Ellex Klavins is advising Saga Furs on financing and restructuring matters
Ellex Klavins provides ongoing legal advice to Saga Furs on financing of fur breeders and further sale of production. In addition, we provide ongoing finance law and restructuring advice to the client.
 
Saga Furs is the largest Finnish auction house for high quality animal furs farmed from European farms.
 
The client is consulted by partner Inita Jurka and associate Zane Miglane.