Porta Finance appoints Karl-Erik Kodu as Partner and Julijus Grigaliūnas as Managing Partner

14 October, 2015

Porta Finance, a financial advisory firm active in the three Baltic countries, is promoting Karl-Erik Kodu to become Partner and Julijus Grigaliūnas to become Managing Partner. Changes in the Porta Finance partnership structure are also related to the departure of Aidas Galubickas who was one of the Partners. All of the changes are taking effect as of October 14, 2015.


„Changes in the Partnership structure are helping the partnership renew and the appointment of Karl-Erik Kodu marks the entry of the new generation of dealmakers. Karl-Erik has lead several important transactions for our clients and we are sure that in his new role he will continue to solidify our market leading position in M&A advisory services across the three Baltic states,“ said Julijus Grigaliūnas.


Karl-Erik Kodu has been with Porta Finance since 2008 (until 2012 operating as Evli Bank) and has led several landmark transactions including arranging Sports Direct’s investment to Sportland, sale of Eesti Energia Võrguehitus to Leonhard Weiss, acquisition of Balti Veski by Malsena, sale of Gasum Eesti to Alexela Energia, sale of Baltic Ticket Holding to Kassir.ru, currently pending transaction of the sale of BPT Real Estate to BaltCap and several others. Karl-Erik is an INSEAD MBA and holds bachelor degree from Franklin University in Switzerland.


Porta Finance partners are Julijus Grigaliūnas in Lithuania, Mikus Janvars in Latvia and Karl-Erik Kodu in Estonia. Porta Finance is an exclusive partner of Rothschild in the Baltic states.


Further information:


Julijus Grigaliūnas
Managing Partner, Porta Finance
Tel: +370 5 205 3123
julijus.grigaliunas@portafinance.com