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March 2010

BaltCap takes Jeremie to Latvia

by Guy Norton

First venture capital fund since crisis; Enhanced access to capital for SMEs


BaltCap’s Latvia Venture Capital Fund 

BaltCap, the leading private equity and venture capital firm in the Baltic republics, has broken new ground with the closing of a venture capital fund in cooperation with the European Investment Fund (EIF). The €30 million BaltCap Latvia Venture Capital Fund is the first private fundraising in emerging Europe to be established under the Joint European Resources for Micro to Medium Enterprises (Jeremie) project.

Jeremie was established by the European Commission in conjunction with the European Investment...


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