‘By joining the Capitalica Management Board, I will focus my experience and energy on one of the company’s most important goals – delivering long-term, stable returns to investors. The team has already proved to be one of the leading asset management companies in the Baltic region in commercial real estate investments. My experience of over 20 years in corporate banking will strengthen the Board’s competencies in developing the existing fund positions and the new private debt investment asset class’, – says N. Aukščiūnas.
N. Aukščiūnas joined the group as Head of Treasure over a year ago. Before joining the company, he had 20 years of experience in the Lithuanian and foreign financial sectors, responsible for corporate finance and financial risk management solutions, and implementing complex, large-scale investment projects at different stages of their development. Before joining SBA Group, he worked and lived in Sweden for five years, where he headed Nordea Bank’s Corporate Clients division, managing a loan portfolio of over EUR 1 billion in Lithuania and Latvia.
Andrius Barštys, Chairman of the Board of Capitalica Asset Management, commented: ‘With the Capitalica team, we have ambitious goals to increase the diversity of asset segments and expand our markets, and in the coming years, we plan to reach a portfolio of one billion under management. Therefore, I believe that Nerijus’s international experience in the financial sector will further strengthen the company’s position in strategic markets.’
Capitalica Asset Management is an investment management company that manages funds investing in commercial real estate in the Baltic region. All funds managed by the company are licensed and supervised by the Bank of Lithuania, and the bonds issued by the funds are listed on the Nasdaq Stock Exchange. The company manages more than EUR 210 million worth of assets with a total area of more than 100,000 square metres.
The company manages five real estate funds: three offices, one logistics and one debt fund. In the office segment, they own the business centres Kauno Dokas and 135 in Vilnius, the office complex Verde in Riga is under development, and at the end of 2023, the company started the construction works of the new business centre Sand Offices in Žalgirio Street, Vilnius. Capitalica’s Green Logistics Fund owns five logistics facilities in Tallinn and Riga, and plans further European acquisitions.
