TGS Baltic advised I Asset Management in obtaining a license to operate throughout the EU

21.04.2022 TGS Baltic advised I Asset Management in obtaining a license to operate throughout the EU

We advised the asset management company I Asset Management in obtaining an alternative investment fund manager license under the Alternative Investment Funds Managers Directive (AIFMD).

This management company license grants the right to manage alternative collective investment undertakings and to establish collective investment undertakings across the European Union and market investments in such undertakings under the pan-European marketing passport. This is the fifth alternative investment fund manager license in Lithuania.

The assets under management by I Asset Management currently amount to about EUR 200 million. It is exciting to see how much the company has grown. Our collaboration with I Asset Management has been strong since 2018, and we are grateful for the trust in TGS Baltic.

TGS Baltic experts – Partner Agnius Pilipavičius, Senior Associate Karolina Lapinskaitė, Associate Elvinas Kižys and Junior Associate Kotryna Visockytė – advised I Asset Management in preparing internal rules, procedures and other documents required for obtaining a management company license.