InforCapital
FundVintage 2024Updated Feb 22, 2026
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INVL Private Equity Fund II

INVL Private Equity Fund II: vintage 2024.

About This Fund

INVL Private Equity Fund II is the second‑generation private equity vehicle of the Invalda INVL Group, designed to be the largest PE fund in the Baltics. Having raised €410 million at final close, it exceeded both its initial €250 million target and its €400 million hard cap. The fund focuses on investing in medium‑sized, late‑stage growth companies in the Baltic states, Poland, Romania and other European Union markets. It seeks controlling or significant minority stakes and plays an active value creation role to help portfolio companies scale, acquire, transform, or expand. Typical equity investment tickets range from €10 million to €60 million , with flexibility to structure smaller investments initially if there is a clear path to growth and follow‑on injections. The fund also can co‑invest in larger deals in partnership with other investors. INVL Private Equity Fund II aims for a diversified portfolio of about 10–12 platform companies. It combines buyout and buy‑and‑build strategies, backing firms with strong fundamentals, competitive positions, and resilience amid macro volatility. The team aligns interests with management, taking a “hands‑on” approach to governance, operational improvements, and strategic growth.

Manager Details

Manager Location
Lithuania
Manager Address
UAB INVL Asset Management, Gynėjų g. 14, LT‑01109 / LT‑01110 Vilnius, Lithuania

Fundraising Details

Currency
EUR
Final Close Date
Oct 15, 2025
Total Raised to Date
€435M

Investment Criteria

Target Investment Size
€10M – €63M
Target Revenue
€21M – €212M
Target EBITDA
€3M – €32M

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