LVCA and FNA Agree on Cooperation to Boost Pension Fund Investments in the Latvian Economy!

The Latvian Private Equity and Venture Capital Association (LVCA) and the Finance Latvia Association (FNA) have signed a memorandum to promote pension fund investments in Latvia.

📌 Goal – To establish a structured and purposeful approach to investing in local businesses, infrastructure, real estate, forests, and strategically important industries.

Although the total assets of the 2nd pension pillar are approaching €9 billion, only about 8% is currently invested in Latvia.

🏗️ The memorandum provides for:

  • Joint action plans and identification of investment initiatives;
  • Efforts to support companies in entering the capital market;
  • Solutions for financing a wide range of investments in Latvia’s public infrastructure, especially in the defense industry;
  • Cooperation between the public and private sectors.