Expansion Capital    


Zigmars Reklaitis

Chairman of the Board, Partner

15 years experience in attracting EU funding, financial planning and analysis and project management.  As lead expert in several consultancy companies raised more than EUR 130 million ERDF funding for leading wood processing, metalworking, food industry and logistics companies. Representative in Latvia of InnoEnergy, Europe's largest energy start-up accelerator.

E-mail: zigmars@excap.lv

Andris Keziks

Member of the Board, Partner

Corporate finance expert in M&A and capital attraction deals. Having worked with private equity investment company Lords LB, Lithuania and investment banks Dresdner Kleinwort, Russia and AXIO Capital, Latvia, gained experience in energy, infrastructure, wholesale, retail, food processing, logistics, gambling, and services.

E-mail: andris@excap.lv

Karlis Brils

Member of the Board

Eight years of experience in planning and implementing EU fund projects, including four years of advising entrepreneurs at the JIC business incubator in Jelgava. Eight years of experience in financial analysis, transaction structuring, and investment supervision working for SIA Expansion Capital AIFP. 

E-mail: karlis@excap.lv

Eriks Fricsons 

Investment director, Partner

Investment experience for eleven years, leading positions within financial sector for eight years. Managed energy investment fund AS Energokapital and completed CHP investments in SIA Preilu Siltums, SIA Brocenu Energija, SIA SM Energo, AS Satini Energo LM for EUR 22 million. Made investments in production of inert materials (SIA Satini LM), investments in production of construction materials (SIA Baltijas Betons grupa, now SIA Skonto PREFAB), investments in real estate development (SIA Magdelenas nami, now owned by SIA Vastint Latvia).  Member of the Board, responsible for the development and financial management at cement manufacturer SIA Cemex, and alcohol wholesale and retail company SIA Bravo. 

E-mail: eriks@excap.lv