GILD private equity

GILD private equity fund family was started in 1999 when New Economy Ventures was launched. The average net annual return of New Economy Ventures since the inception has been more than 31% and thus the fund has multiplied investors' money more than 9 times. Currently we are in the process of mapping the market for raising a new private equity fund.

GILD private equity funds are typically investing in unlisted companies through debt or equity. Investments typically involve a transformational, value-added and active management strategy. Funds have closed-end structures with an agreed fixed term, as the investee companies need time for their potential to be realized in profitable returns, and the market value of the investment can fluctuate significantly as the company develops.

We see substantial growth potential for private equity investments in the Baltic States and other CEE & CIS countries compared to the EU market. Also, we see a gap in the private equity market in the Baltic States and other CEE & CIS countries. The markets are limited by their size and therefore the majority of projects that require private equity financing are smaller in scope than EUR 10 million. However, most international private equity investors are looking for deals bigger than EUR 10 million. Thus, our private equity funds target investments in the size ranging EUR 3-10 million.