Merito Partners has been launched in Latvia
The investment company Merito Partners has started making investments in the New Nordic market. During its first months, it has attracted 30 investors and financing totalling EUR 17 million.
Merito currently manages two investment strategies – private equity and sustainable energy. Merito aligns its interests with those of ambitious entrepreneurs and supports portfolio companies in achieving sustainable growth, operational excellence, and market leadership. Merito Management AIFP, a 100% subsidiary of Merito Partners, is an alternative investment fund manager regulated by the Bank of Latvia.
Ellex provided legal assistance to Merito Partners with the establishment, registration, and other regulatory matters of the alternative investment fund structure. The client Merito Partners was advised by Ellex team in Latvia led by partner Ivars Pommers and Senior Associate Marta Cera, including associate Niklāvs Zieds, associate Kristers Toms Losāns and senior tax consultant Eduards Dzintars.