Livonia Partners is managing Livonia Partners Fund I and Livonia Partners EIF Co-Investment Fund, investing €83 million of equity capital into medium-sized companies in Latvia, Lithuania and Estonia. The fund’s investors are Baltic and European institutional investors such as pension funds, insurance companies and development finance institutions, including the European Bank for Reconstruction and Development and the European Investment Fund. Livonia was partly originated through the Baltic Innovation Fund (BIF), a common initiative of the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania and the European Investment Fund.