Nter, Uab
Nter Asset Management is a Vilnius-licensed alternative investment fund manager operating 14+ collective investment schemes across private debt, private equity, real estate, and social infrastructure PPPs, serving more than 600 informed investors with EUR 150M+ AUM.
- Company typePrivate
- Founded2003
- HeadquartersVilnius, Lithuania
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Nter, Uab does
Nter Asset Management (UAB, formerly Orion Asset Management) is a Vilnius-headquartered, Bank of Lithuania-licensed alternative investment fund manager that operates more than 14 collective investment schemes across private debt, private equity, real estate, and social infrastructure. Founded in 2003 and rebranded in 2023, the firm manages assets under management exceeding EUR 150 million, has executed EUR 500 million of cumulative investments, and serves more than 600 investors. Its fund platform spans open-type private debt (one of the largest in the Baltics, with a 37.6M EUR portfolio and 9.4% since-inception IRR), closed-ended infrastructure vehicles targeting 12–16% IRR via public-private partnerships (schools, police commissariats, healthcare facilities), real estate income funds, an alternative lenders and fintech consolidation fund, and an operating fintech (Orion Leasing, 80%-owned) acquired in October 2024.
The firm's revenue model combines management fees on EUR 150M+ AUM, performance fees and carried interest on individual fund vintages, and transaction fees from structuring acquisitions, mezzanine financings, and equity investments. Distribution is direct to informed/qualified investors (minimum ticket EUR 30,000 for Infrastructure Fund II) via the firm's investor relations team, fund-specific email channels, a website investor portal, and the title-sponsored Private Debt Baltic Forum. Following the June 2024 AIFM licence grant, the firm can passport funds across all EU/EEA jurisdictions, and deal flow has begun extending from Lithuania into Poland, Germany, and the USA. Customer concentration is structurally mixed — a relatively distributed base of 600+ LP investors offset by episodic large transactions (EUR 10–15M deals) and dependence on a small set of Lithuanian municipal and central-government PPP counterparties.
The firm's stated competitive advantage is an interdisciplinary model that combines competencies across asset classes within a single team, supported by a leadership group averaging 20+ years of experience and prior tenures at SEB Bank, Ober Haus, Orion Securities, TGS Baltic, and SBA Furniture Group. The firm is majority-owned by its executives (CEO Mantas Skipitis and Head of Investments Benas Poderis each hold 25%), with no private equity or strategic parent disclosed. No proprietary technology platform or AI/ML capability is described; the moat rests on regulatory licensing, talent depth, multi-cycle track record, and institutional PPP relationships rather than technology differentiation.
Nter, Uab firmographics
Firmographics- Name
- Nter, Uab
- Legal name
- Uždaroji akcinė bendrovė Nter Asset Management
- Website
- https://nteram.lt
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Nter Asset Management is a Vilnius-licensed alternative investment fund manager operating 14+ collective investment schemes across private debt, private equity, real estate, and social infrastructure PPPs, serving more than 600 informed investors with EUR 150M+ AUM.
- Ownership category
- akta.pro rank
Nter, Uab industry classification
Industry- Product category
- Alternative Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (53311)
- SIC
- Investors, Nec (6799), Finance Lessors (6172)
- akta.pro primary industry
- Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL)
- akta.pro secondary industries
- Equipment & Asset Finance (SME) (FSAKAGAF), Managed Account / SMA Multi-Manager Platforms (FSANAGAL)
Keywords
Where Nter, Uab is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices1 record
Markets served
Nter, Uab business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Fund Management Fees: Nter charges management fees on the assets under management (AUM) across its 14+ collective investment schemes. Fee structures vary by fund — the Private Debt Fund has generated 6.9% net annual return for investors in 2024 and 9.2% average annual return since inception.
- Fund Performance / Carried Interest: The firm generates performance-based income from funds such as Orion RE Income Fund I (which achieved double-digit returns), Nter Private Debt Fund (11.3% net return excluding provisions in 2024), and Nter Infrastructure Fund II targeting 12–16% IRR.
- Investment Transaction Fees: Revenue from arranging and structuring investment transactions, including acquisitions, mezzanine financing, and equity investments. In 2023, the company recorded revenue of 2.06 mln EUR, up 20% year-on-year.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Nter Infrastructure Fund II – minimum investment 30,000 EUR, targeting 12–16% IRR |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Nter, Uab product offering
Product offeringCore offering
Nter Asset Management is a licensed Lithuanian investment management company that creates and manages closed-ended collective investment undertakings (funds) across three core asset classes — private debt, private equity, and real estate — plus social infrastructure and alternative lending/fintech strategies. The firm provides qualified/informed investors access to institutional-quality alternative investments, including mezzanine financing, infrastructure PPP projects, and direct private-market transactions. The firm manages 14+ investment schemes with over EUR 150 million in assets under management under an AIFM license granted by the Bank of Lithuania in June 2024.
Product overview
Nter Asset Management is a licensed investment management company (formerly Orion Asset Management) offering a multi-fund platform across three main asset classes: private debt, private equity, and real estate. The core products include the Nter Private Debt Fund (open-type fund for mezzanine financing), Private Capital investments, and Real Estate. The company also manages specialized infrastructure funds (Nter Infrastructure Fund II/Nter Social Infrastructure Fund) focused on public-private partnerships in education, healthcare, and security sectors. Additional offerings include the Alternative Lenders and Fintech Fund for alternative financing companies, Orion RE Income Fund (now concluded), and ORION Healthcare and Wellness Fund. The company manages 14 collective investment undertakings with total AUM exceeding 150M EUR across investments in Lithuania, Poland, Germany, and USA.
Differentiator
Problem solved
Functional benefit
Products and services
- Nter Private Debt Fund Open-type private debt fund investing in private companies via mezzanine and structured financing, described as one of the largest private debt funds in the Baltic countries; targets informed investors with multiple strategies to maximize investor ROI.
- Private Equity / Private Capital Private equity investment strategy applying interdisciplinary methods, specializing in identifying new opportunities and assembling experts with different experience backgrounds for informed investors.
- Real Estate Investments Real estate investment strategy covering commercial, residential and development projects; decisions are values-based and grounded in long-term experience, distinguishing Nter's portfolio from other market players.
- Nter Infrastructure Fund II Specialized infrastructure fund for informed investors focused on social infrastructure including education, healthcare, defense, and public-private partnership (PPP) projects in Lithuania and the Baltic countries; targets 12–16% annual returns on a planned EUR 50M fund size.
- Nter Social Infrastructure Fund Specialized investment fund developing and managing social infrastructure in Baltic countries, with investments spanning education, healthcare, and security sectors.
- Nter Opportunity Fund I Fund combining different asset-class team competencies to discover new opportunities, exemplified by real-estate projects in Palanga.
- Nter Alternative Lenders and Fintech Fund Specialized private equity fund investing in alternative financing businesses, aiming to consolidate and grow companies across different alternative financing segments across 5 years; targets EUR 300–500M of alternative lending portfolios.
Quantifiable outcome
- Private Debt Fund generated 15.19% return in 2024 with 37.6 mln EUR portfolio; 9.2% average annual return since inception
- +5 more outcomes
Companies that use Nter, Uab
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles2 records
Nter, Uab technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Nter, Uab partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Policijos departamentas (Lithuanian Police Department)coreNter Infrastructure Fund II is executing a PPP project for the Šiauliai Police Commissariat in partnership with the Lithuanian Police Department. The fund designs, builds, and transfers the facility to the Police Department, which makes annual payments over 12 years. This is the third infrastructure PPP project for the fund.
- UAB InfescoreUAB Infes is the general contractor for the Šiauliai Police Commissariat PPP project (21.9 mln EUR) and the Sendvario 'Saulės' school project (35+ mln EUR), both managed by Nter Infrastructure Fund II. Infes is the construction partner executing the design and build phases of Nter's PPP infrastructure projects.
- Klaipėdos rajono savivaldybė (Klaipėda District Municipality)coreNter Infrastructure Fund II partnered with the Klaipėda District Municipality to develop the Sendvario 'Saulės' school via PPP. The municipality committed to 12 years of payments (~2.9 mln EUR annually) for the 8,000 sq.m. multifunctional education centre. The project is now complete and operational.
- Orion LeasingcoreNter Alternative Lenders and Fintech Fund acquired 80% of Orion Leasing for 2.5 mln EUR. Orion Leasing is a fintech company providing equipment and technology financing (IT, automotive, industrial, construction equipment) across the Baltic states, partnering with brands like Apple, Liebherr. It has a 50 mln EUR portfolio guarantee agreement with the European Investment Fund.
- BaltCapminorNter Infrastructure Fund II took over the Šiaulių Police Commissariat PPP project from BaltCap's Infrastructure Fund. The project transition was completed with professional advisors including COBALT law firm.
- COBALT Law FirmminorCOBALT law firm advised on the transaction where Nter Infrastructure Fund II took over the Šiaulių Police Commissariat project from BaltCap.
- Solida Capital EuropeminorNter Private Debt Fund provided a 5 mln EUR junior debt financing to Solida Capital Europe for the acquisition of an 11,000 sq.m. office building in central Warsaw (Grojecka Street). This was the fund's first investment in Poland, structured via 2-year bonds.
Scale indicators10 records
Recent moves9 records
Expansion highlights6 records
Nter, Uab competitors and assessment
Company assessmentBroad incumbents
- Partners Group: Global private markets manager with PE, private debt, real estate, and infrastructure strategies. Comparable as a multi-asset alternatives platform; relevant for cross-border institutional LPs evaluating Nter.
- Swedbank Investment Management: Baltic-banking-affiliated institutional asset manager offering funds across asset classes in the region. Comparable as a scaled Baltic investor-distribution channel with overlapping fund categories, though anchored in a broader retail/institutional bank model.
- Schroders Capital: Global alternatives arm of Schroders, with private equity, private debt, real estate, and infrastructure funds. Comparable on multi-asset alternatives offering and institutional LP base.
- EQT: European-headquartered private markets firm with PE, infrastructure (EQT Infrastructure), and private credit strategies. Comparable on infrastructure PPP/investment model and pan-EU AIFM-style fund distribution.
Emerging players
- Moonfare: Digital private-markets platform offering access to top-tier PE and private debt funds to qualified investors across Europe. Comparable as an EU-wide qualified-investor distribution channel relevant to Nter's AIFM-enabled expansion.
- Ares Management: Global alternatives manager with deep private credit franchise and growing European footprint. Most directly comparable on the private debt / direct lending side of Nter's product mix.
Direct peers
- INVL Asset Management: Lithuania-based asset manager running alternative investment funds (PE, real estate, private debt) under the INVL group. Closest peer in terms of jurisdiction, fund structure, and target investor base (qualified Lithuanian investors).
- BaltCap: Largest dedicated Baltic private equity and venture capital manager, operating buyout, growth, venture, and infrastructure funds. Most directly comparable to Nter on regional focus and alternative-asset class mix (PE, infrastructure, private debt).
Regional players
- LHV Asset Management: Estonian asset manager offering alternative and traditional funds across the Baltic region. Comparable on regional distribution and alternative-asset offerings, though anchored in Estonia rather than Lithuania.
Others
- SEB Investment Management: Asset management arm of SEB Bank (already a financing partner of Nter for PPP projects). Adjacent comparable for institutional distribution and fund-administration infrastructure supporting Baltic-region alternatives.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nter, Uab social profiles
Digital presenceNter, Uab compliance and trust
Trust signalCompliance2 records
Nter, Uab financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nter, Uab leadership team
Management profileNumber of profiles
Profiles7 records
Nter, Uab subsidiaries and ownership
Company hierarchySubsidiaries5 records
Nter, Uab funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nter, Uab M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nter, Uab
What does Nter, Uab do?
Nter Asset Management is a licensed Lithuanian investment management company that creates and manages closed-ended collective investment undertakings (funds) across three core asset classes — private debt, private equity, and real estate — plus social infrastructure and alternative lending/fintech strategies. The firm provides qualified/informed investors access to institutional-quality alternative investments, including mezzanine financing, infrastructure PPP projects, and direct private-market transactions. The firm manages 14+ investment schemes with over EUR 150 million in assets under management under an AIFM license granted by the Bank of Lithuania in June 2024.
Is Nter, Uab a public or private company?
Nter, Uab is a private company. It is classified as management employee owned and is currently operating.
When was Nter, Uab founded?
Nter, Uab was founded in 2003. It employs 11 to 50 people.
Where is Nter, Uab based?
Nter, Uab is headquartered in Vilnius, Lithuania, in the Europe region.
How does Nter, Uab make money?
Three revenue lines are on record. Fund Management Fees are the primary driver. The others are fund Performance / Carried Interest and investment Transaction Fees.
Who are Nter, Uab's main competitors?
Broad incumbents on record are Partners Group, Swedbank Investment Management, Schroders Capital and EQT. Emerging players are Moonfare and Ares Management. Direct peers are INVL Asset Management and BaltCap. LHV Asset Management is listed as a regional player. SEB Investment Management is listed as an others.
Does Nter, Uab have an API?
No public API is recorded for Nter, Uab.
What industry is Nter, Uab in?
Nter, Uab's product category is Alternative Asset Management. Its primary akta.pro industry code is FSAAAGAL, Institutional Separate Accounts & SMAs (Mandates), with a secondary code of FSAKAGAF, Equipment & Asset Finance (SME). Its NAICS code is 523940 and its SIC code is 6799.