Private equity / Fundraising
Baltics
Capital formation
28 Jul 2026
INVL Family Office raises USD 17.4M for a private-equity secondaries fund
INVL Financial Advisors, operating under the INVL Family Office brand, has raised USD 17.4 million for its Global PE Secondaries Access Fund, launched in June 2026 and backed by 49 investors from Lithuania, Latvia and Estonia. The fund is a feeder into a private-equity secondaries strategy run by Adams Street Partners, a US manager with USD 73 billion under management, giving Baltic investors indirect exposure to more than a thousand private companies worldwide.
Our take
Not a transaction, but it belongs on this page. The Baltic private-capital pool keeps getting deeper and more technical — this time 49 regional investors committing to secondaries, one of the more specialised corners of private equity. For buyers, that is the quiet backdrop: the capital competing for the same assets is increasingly local, increasingly institutional, and increasingly comfortable with structures that did not exist in this region a decade ago.