TGS Baltic client Overkill Venture AIFP acquires status of a registered alternative investment manager and registrates two funds

05 / 18

We would like to congratulate our client Overkill Ventures AIFP ( on the acquisition of the status of a registered alternative investment manager and on the registration of two funds - Overkill Ventures Fund I and Overkill Ventures Fund II. Pursuant to the agreement with ALTUM, the risk capital fund manager Overkill Ventures, in cooperation with its strategic partners Lattelecom and Accelerace, plans to make investments over a period of 3 years into 50 start-up companies. Within the framework of the acceleration programme, the start-up companies will be advised by experiences entrepreneurs, investors, and industry experts, as well as the fund mentor team will be working with them helping to develop the business and attract investors. Additional input will be provided by the strategic partners of the fund - Lattelecom and Accelerace, as well as a wide range of mentors from Europe and the US.

The lawyers of our law firm drafted all the documents necessary for the registration of the manager and the funds, as well as represented the client before the Financial and Capital Market Commission. Alise Eljašāne, Reinis Grunte and Mārtiņš Galzons from TGS Baltic were engaged in the project.