Completion of Ownership Transfer at Northern Horizon Capital

Completion of Ownership Transfer at Northern Horizon Capital

Northern Horizon Capital AS, known for managing the Baltic Horizon Fund, recently announced a significant development: the ownership transfer of the company. The previous sole shareholder, Northern Horizon A/S, has officially sold its shares to a group composed of Antanas Anskaitis, Antanas Danys, and Tomas Milašauskas. This strategic move marks a new chapter for the company, aiming to enhance its investment capabilities.

Strategic Focus After Ownership Transition

The transition is set to shift the strategic focus towards expanding the company’s healthcare funds. This is an essential part of strengthening Northern Horizon’s stature as a top-tier entity in the realm of social infrastructure investments, particularly within the Nordic region. Group CEO Christoffer Abramson expressed enthusiasm over the sale completion, emphasizing their commitment to growing these priority investment sectors.

Assurance to Stakeholders

In his remarks, Abramson assured that the new ownership group, now the largest unitholder directing Baltic Horizon, is fully committed to accountability and transparency. Antanas Anskaitis, representing the new ownership, underscored their responsibility to stakeholders, highlighting plans to foster operational competitiveness within the fund's portfolio and solidify its financial structure.

Upcoming Structural Changes

The recent change in ownership will bring about crucial alterations in the management structure. Immediate changes include the resignation of Lars Ohnemus, Nerijus Zebrauskas, and Daiva Liubomirskien? from the Supervisory Board of the Management Company. The new Supervisory Board is now formed by Antanas Anskaitis, Antanas Danys, and Tomas Milašauskas.

Management Board Adjustments

Moreover, Aušra Stankevi?ien? and J?rat? Gaspari?nien? have resigned from the Management Board, which will now consist of Tarmo Karotam and Gerda Bliuvien?. Additionally, Antanas Anskaitis will no longer serve on the Supervisory Board of the Baltic Horizon Fund, with Piret Jõhvik taking charge as the new Risk Control and Compliance Manager fully dedicated to the Management Company.

Future Direction and Name Change

Alongside these management alterations, Northern Horizon Capital AS has announced its intention to change its business name to Baltic Horizon Capital AS, subject to registration approval. The revitalized management team will share updates regarding strategic directions and priorities following the release of upcoming results.

Contact Information

For inquiries:

Christoffer Abramson
Group CEO of Northern Horizon A/S
Email: christoffer.abramson@nh-cap.com

Contact at Grinvest:

Antanas Anskaitis
Partner at Grinvest
Email: antanas.anskaitis@grinvest.sg

The Baltic Horizon Fund operates as a registered contractual public closed-end real estate fund, managed by Northern Horizon Capital AS, a holder of an Alternative Investment Fund Manager license.

Grinvest is a private investment firm focusing on commercial property, transport, and infrastructure projects.

Frequently Asked Questions

What is Northern Horizon Capital AS?

Northern Horizon Capital AS is a management company that oversees the Baltic Horizon Fund, focusing on real estate investments in the Nordic region.

Who are the new owners of Northern Horizon Capital AS?

The new owners are Antanas Anskaitis, Antanas Danys, and Tomas Milašauskas, who acquired shares from Northern Horizon A/S.

What changes will occur after the ownership transfer?

There will be changes in the management structure and a renewed focus on expanding healthcare funds and social infrastructure investments.

Will the company change its name?

Yes, Northern Horizon Capital AS plans to change its name to Baltic Horizon Capital AS, pending approval.

How can I contact the company for more information?

You can contact Christoffer Abramson at christoffer.abramson@nh-cap.com for more inquiries.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.