Lithuanian Securities Commission today gave the permission to UAB „Orion Asset Management“ and Alius Jakubėlis, Head of the brokerage firm „Orion Securities“, to acquire 65,94% and 34,06% stakes respectively in UAB „Investicijų portfelių valdymas.
Since May 10, 2007 funds management company IPV (Investiciju Portfeliu Valdymas) is the distributor of US Small Cap Value Mutual Fund. Investors, willing to buy/redeem funds units are asked to contact office of the management company at P.Lusio str. 32, floor 5, Vilnius, Lithuania.