Before joining BaltCap in 2010, Kornelijus was a partner at MTVP, a tech VC fund focused on Russia and the Baltics. Previously, he also worked as an investment banker at Deutsche Bank in London. Kornelijus holds an MBA from the University of California at Berkeley, Haas School of Business. He also serves on the boards of Vilnius Marathon and Misija Sibiras.
Kornelijus’ involvement in current portfolio includes Impuls LTU, InMedica, Trafi, Coffee Inn and Labochema.
BaltCap together with minority shareholders sells 100% of the shares in Magnetic MRO to Guangzhou Hangxin Aviation Technology (“Hangxin”) for €43 million (equity value). Magnetic MRO is a full-service aircraft maintenance company headquartered in Tallinn.
BaltCap Infrastructure Fund (BInF) has aquired 75% of Anaerobic Holding shares for €9.45 million. Anaerobic Holding owns and operates three biogas plants in Latvia with a total installed capacity of 4.9MW.
Estonian Private Equity & Venture Capital Association (ESTVCA) has elected BaltCap partner Kristjan Kalda as a new Chairman. The new Management Board was elected for the next 2 years.
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