Core Insights - INVL Asset Management has successfully raised EUR 35.43 million for investments in funds managed by 17Capital, reinforcing its leading position in the Baltic private debt market [1] - The private debt market is rapidly growing globally, with the Baltic region also experiencing significant interest from both retail and institutional investors [2][4] - The INVL Partner Strategic Lending funds, launched this year, target an expected net average annual investment return of over 10% with a duration of 7 years [6] Company Overview - INVL Asset Management is the leading alternative asset manager in the Baltics, managing or supervising over EUR 1.9 billion across various asset classes, including private equity and private debt [7][8] - The company has a track record of over 30 years and aims to deliver superior risk-adjusted returns while positively impacting the region's economic development [8] Investment Strategy - The INVL Partner Strategic Lending funds invest in funds managed by 17Capital, which specializes in lending to top private equity funds and management companies [5] - The minimum investment for informed investors in these funds is EUR 125,000 or USD 145,000 [6]

Financial Performance - Invalda INVL reported equity of EUR 238.1 million at the end of March 2025, representing a 30.9% increase year-over-year, with a per-share value of EUR 19.82, up 30.8% from the previous year [1] - The company achieved an unaudited net profit of EUR 15.9 million in Q1 2025, which is 3.4 times higher than the EUR 4.7 million net profit recorded in the same period last year [1] Asset Management - The asset management group experienced a EUR 3 million loss for clients in Q1 2025 due to global market corrections, yet the total value of client assets under management grew by 27.9% year-over-year, exceeding EUR 1.9 billion [2] - Revenue from asset management activities reached EUR 3.9 million in Q1 2025, marking a 32.8% increase compared to the same period in 2024 [4] Strategic Developments - The successful launch of the INVL Private Equity Fund II was highlighted as a significant achievement, making it the largest fund in the Baltics [3] - The INVL Baltic Sea Growth Fund completed the sale of InMedica Group, demonstrating a successful growth strategy and returning a significant portion of capital to investors [6] Investment Activities - The INVL Renewable Energy Fund I completed an oversubscribed EUR 8 million bond issue in February 2025 [7] - The company is actively seeking investment targets for the INVL Private Equity Fund II, with expectations to finalize at least two acquisitions by the end of 2025 [6] Equity Investments - Invalda INVL's other equity investments contributed EUR 17.7 million to earnings in Q1 2025, positively influenced by strong performances from banks in which the company holds stakes [9] - Maib, Moldova's largest bank, reported a record net profit of EUR 20.1 million in Q1 2025, while Artea Bank earned EUR 17.35 million [10] Additional Insights - The agricultural business group Litagra positively impacted Invalda INVL's results with EUR 1.6 million in Q1 2025, supported by a favorable market environment [11] - The INVL Family Office expanded its client base in the Baltic region and joined an initiative to support the Vilnius Lyceum Alumni Endowment fund [8]