Ellex has advised Capitalica Asset Management on the establishment of its Capitalica Debt Fund targeting Baltic companies' high-yield bonds.
Capitalica Asset Management is an SBA Group investment management company.
According to Ellex, “the fund will invest in high-yield bonds of companies from the Baltic region and other European countries. Priority will be given to small and medium-sized enterprises with limited access to conventional bank financing. The fund will aim for an average annual return of 10% and plans to distribute up to 5% of funds periodically to investors. The fund will promote investments with positive environmental or social qualities, or a combination of such characteristics.”
The Ellex team included Associate Partner Gyte Maleckaite and Senior Associate Domantas Gudonis.
