Northern Horizon Capital AS as the management company of Baltic Horizon Fund hereby informs that Nerijus Žebrauskas was elected as member of the supervisory board of the Northern Horizon Capital AS as of 20 March 2019 for a period of 5 years.

Appointment of a new supervisory board member is related to Dalia Garbuzienė’s resignation from the supervisory board which was announced to the market on 8 March 2019.

Since joining Northern Horizon Group in 2007, Nerijus has worked in Northern Horizon Group as Fund Controller and as Head of Fund Controlling. Currently he is working as Group Finance Manager and Risk Manager. Before joining Northern Horizon Group, Nerijus worked in the audit and assurance field at EY (2001-2004) and KPMG (2005-2006) locally and abroad. Nerijus Žebrauskas was born in 1980. In 2001, he graduated from Stockholm School of Economics in Riga with a B.Sc. in Finance and in 2003 Vilnius University with an MBA in Economic Analysis and Planning. Nerijus does not hold units of Baltic Horizon Fund.

For additional information, please contact:        

Tarmo Karotam         
Baltic Horizon Fund manager           

Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS.
Distribution: Nasdaq Tallinn, Nasdaq Stockholm, GlobeNewswire,