Co-Invest with other angel investors
LatBAN connects and educates business angels to increase investment quality and quantity
How we organize Syndicate Investments?
LatBAN syndicate investments are organized in collaboration with ASP Asset Management, ensuring a structured and professional investment process. With their expertise, we streamline deal execution, handle legal and financial structuring, and provide a clear framework for angel investors to co-invest in promising startups. This partnership enables investors to efficiently pool resources and support high-potential ventures.
Website: https://aspassetmanagement.com/
Contact: Ansis Spridzāns or Ģirts Līcis
Website: https://aspassetmanagement.com/
Contact: Ansis Spridzāns or Ģirts Līcis
Angel Investor Benefits
- Access to DealsSyndicates allow individuals to participate in deals with lower investment minimums compared to direct investments.
- Reduced RiskPooled investments mitigate risk for individual angels by spreading funds across multiple startups
- Follow-on OpportunitiesAbility to add investors (new or existing) to the syndicate at a later date; ability to follow-on and execute secondaries within the syndicate, allowing for early liquidity.
- Shared ExpertiseTasks and workloads can be shared among syndicate members leading to greater collaboration and knowledge exchange between members.
Syndicate Investments by LatBAN Members
What Our Members Say
About Syndicate Investments?
About Syndicate Investments?
- Kārlis CerbulisManaging Director NCH CapitalSyndicates in the startup space are a wonderful thing. They increase the effectiveness and efficiency of the angel investing process. I have already invested in one Latvian syndicate and plan on that being my preferred angel investment method. My great thanks to the small team that has accelerated this process in Latvia.
- Uldis CērpsCEO of Finance LatviaWe don’t just invest—we open doors, and help startups avoid common mistakes. Our network is just as valuable as our money. As a syndicate, we have the power to pool knowledge and experience, negotiate better deals and shape startups’ future.
- Alex LarkinsFounder of Pic Pen studioYou can't connect the dots looking forward, you can only connect them looking backwards.
Frequently Asked Questions
About Syndicate Investments
About Syndicate Investments
A syndicate investment is when a group of investors pool their resources to invest in a startup together. Instead of one investor taking on all the risk and capital requirements, a syndicate allows multiple investors to participate in a deal.
LatBAN syndicate investments are organized through ASP ASSET MANAGEMENT AIFP. It is an alternative investment fund management company registered with the Latvian Central Bank. This allows investors to invest smaller amounts in a larger number of projects, diversifying risk.
No, it won't. As a syndicate member you are investing in the startup together with other syndicate members through ASP Asset Management AIFP fund. ASP Asset Management invests in the startup on behalf of all syndicate members.
You can participate in syndicate investments with a minimum EUR 5K investment. The average investment ticket is between EUR 5K and EUR 15K.
There isn't a set amount of investment opportunities guaranteed as all startups go through LatBAN monthly pitching sessions and are determined by the member interest to invest.
In 2024, our members did 6 syndicate investments.
In 2024, our members did 6 syndicate investments.
The due diligence and negotiations process is carried out by ASP Asset Management AIFP. After the investment, you can and are encouraged to help the founders in any ways possible. Our member goal is to support the founders beyond the invested money. Your time, resources and knowledge can be of great help.
Join LatBAN
If you are interested in joining LatBAN and our syndicate investments, please fill out the form below.
If you have any questions, call or write to +371 25914559 or emils@latban.lv