{"id":409112,"date":"2026-04-15T18:00:00","date_gmt":"2026-04-15T18:00:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/changes-in-the-management-of-baltic-horizon-capital-as\/"},"modified":"2026-04-15T18:00:00","modified_gmt":"2026-04-15T18:00:00","slug":"changes-in-the-management-of-baltic-horizon-capital-as","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/changes-in-the-management-of-baltic-horizon-capital-as\/","title":{"rendered":"Changes in the management of Baltic Horizon Capital AS"},"content":{"rendered":"<p><\/p>\n<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p>Baltic Horizon Capital AS, the management company of Baltic Horizon Fund, announces a leadership transition. Tarmo Karotam, who has led the Baltic Horizon Fund and its predecessor for 20 years, will step down as Fund Manager and Chairman of the Management Board effective 30 April 2026.<\/p>\n<p>Edvinas Karbauskas, the current Co-Fund Manager, will assume the position of Fund Manager and Chairman of the Management Board of Baltic Horizon Capital AS.<\/p>\n<p>Tarmo Karotam commented: \u201eBaltic Horizon Fund was the first listed real estate investment fund in the Baltics, and leading this industry-changing venture over the past two decades has been one remarkable journey. Having navigated the fund also through recent market challenges and secured a stable foundation with the support of our dedicated investors, I feel it is the right time to hand over the reins. Remaining an active investor in the fund, I am confident that the new management is well-positioned to lead the fund into its next phase of growth.\u201c<\/p>\n<p>Antanas Anskaitis, Chairman of the Supervisory Board, added: \u201cOn behalf of the Supervisory Board, we express our sincere gratitude to Tarmo for his long-term dedication and leadership. His role in developing the Baltic real estate capital markets has been fundamental. With the critical capital strengthening steps now in place, we have full confidence in the new management team to focus on enhancing the competitiveness and attractiveness of the Fund\u2019s investment portfolio.\u201d<\/p>\n<p align=\"left\"><strong>For additional information, please contact:<\/strong><\/p>\n<p align=\"left\">Tarmo Karotam<br \/>Baltic Horizon Fund manager<br \/>E-mail\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QkJbAIx97AAw8KwKHFsGp9tFYW7cKxP6_dtAJVdxBmykZY7jY4-uLu2ixKo_HGWQcXGsS2ZendzgdNtYwLlgojgV-Gw-vxEQqtxZ_SlTebkcn-_HJVE8KWPG8Skx6neZ_PLr7qGgCwm1pmMUs63SClOU1UFulOTgqR4qB1aG4B3pUel4Jl_kez0fEfvH3aA5TtjLNeaGt90l0wgSlKU-HBQ4Dvlafz--Ci7WrbCFV2t2oPUR9_wClP5qCzQioHwEDQAXgM1pzYMOlKxZ6sAZYNHH5gnxO-ozIrcRdtw-znzuy_6CWhqM15Z3461Q89VSynE376OhhLyHTo2lBkfHbQ==\" rel=\"nofollow\" target=\"_blank\" title=\"tarmo.karotam@baltichorizon.com\">tarmo.karotam@baltichorizon.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UR2ztR-xRxmaUwnx0r4cPktx2mmHwHNvwTgK8HBKiwgWqv4QVxUep3mKBPhXNaepd214NtOdcksVup9IT_1nuxFpZfEDkeOyIcprqCEzr-fkjmAJccHaZb4rtlxigShfmBdDtUOohp6aHO9XXvB3_btgpuFgcNqKrJXWBxTCD6N0I3JnGBIYftU99yH4UhPibXMiwrxdanqhs3peVUamqPz9cH2_VEuBPTenqKAEUVYgopiJC23sM2UBG2Sex1P3AWy0B8Su9WzxxPryy4EuhYrXlss0z2WNfB-iMBb_p1BzphTeikzzCNcxLNDsMWrT378gTSl-3YCNCY76IqHYgiscmyPQGAZAuWVR_PyU77F8IwR-30jk5BBUI2JUJSVNuNbeXSu6XagG4w6DYQ03AiTLM2gqd-Y12Bzkp3-SGpsR05FcfDwUhXSqVQv7QSxUGzD3vscDPfkOi_MIXvlv6UhSfzbC6LEa9soN0G27b8lP4Cme4j3KA-_OUCibABTv83hX8XzjkKFElv1BjNtQ6pGypvl9-bnKa9H7oNBRMeDb1PGQOwxL0AB0W_1NtH3orz2rF5S6LFxValEjrwR8bwkPB1gYE0Rr_qxZp1WGJah0T3uv25B6tc5OYQygb-ngerb3idDANmVQHRHgdZqhRy_dpFftbU7CcOQbpX23UpzskzAIe9CrmPHp7ruSa73uqqmws_lf0R9xtX0iK5SZzJZAbe_uKYIINuw_b7sXUDEbC9pU7_Gnw1F9HmuSCoad9Ks-KSW7vJgub8kzJ0OGLu1qk8pPaB_pDOFv3BgEM2c8-gN74EHvHA78Fbo43JkzyG6jGAMcPcJUFTky-d9GXj9iX-blJkCRh5lYxds_uca_3wOM3Jx-GOhf7HA_Y-mllNAiG1YO4hROttl6Siq_6IltUuMMbF7gwICEk4EsbpLz8mwatfaF0UK_pjd4mmHUOcTdi8TlFqbIyeX7Y1-d5k3YeotlWEM3zGy4eIlf5IEqWO3-7U79e7HxXQBj7XXSQ_LOIAx35Ipen2XsCJSMUKDPeZz83WUutj_baDBmf9nHvP3_5oUUC48TQ4vmLtdnth1AGOxxrmkWSe6dzGsbhwooqJur5PqH0qTHR0wH7Fm2lJQsUfifOhHFMXxOy4zNkZoGAd9Q4jDs1E6Zs17md93zxm7NuTbfDVjxljXXGDxOPJrhZ1CN3AgktHBvQyQplBcyzUvoDusPAe1XZViwyqQsIh7OcP6G29ghqn2iJwd7YfWJb6FHcrmfVY88FCKhCLV0piaROanXP6Zs3pN0pZh3iFoo-aumvv7GqD-ZyH4rFKgSQaifJPj1uaZIArIh3a3Clcliv1KwRUjyu6QtzSOFl2pJHdig5IzUX8upUq_hsANsMkQB2Jenvbunho272MB0bSA-h0KDxzGObzSBp0WoWd7PaZAZ2TA8fpO9nquu9qtE7Y4socSA5ubcawpPXxVje7UvggQFDntcNZ92Dr3HOisvpG9NdD5p2tlYn3voX6dmzJSNbykhFbhCBkfBtU9HXQL5usijT0iI_A5pDULaxMShLfj49P2YHQJcSvWTVLSlsEHHpeo4V_8XQ1qhvipLv5LZ5lEQdfuVI50sYEP01zoClmMlJfoRJc8U-2hREKZshL8b892b9dL0ydfD43qqkYD4p8gfoW95-Zn-RMu9FEL2xrn66Bw3em4yb5LuiZktPNe4KQmRUT31HtHk\" rel=\"nofollow\" target=\"_blank\" title=\"www.baltichorizon.com\">www.baltichorizon.com<\/a><\/p>\n<p align=\"left\">Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Baltic Horizon Capital AS.<\/p>\n<p align=\"left\">Distribution: GlobeNewswire, Nasdaq Tallinn,\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UR2ztR-xRxmaUwnx0r4cPktx2mmHwHNvwTgK8HBKiwi-waGidjlFuH5AwYRVgVknSO2EbPMIcV1Lf6K4FM7yD6YJGS4to0kIU9y4LfkZDTB1OD2jN5SjLTngN3f5qREopQXBY3mfGYJOSPwSZb8U4gocFAfAU1DaIuAEk1McRw-Vqpkgb7LJR4xgPWpcM_HX3P4hXzYFo_cyyo6GbbrfyPCatzRq1gMTfb16k6o1AqAGKbIS5-4OeNEuGdkLdIT4U3nVmLJieRK365JMYUbHPA3TNaSvrqjfuBahLpmbOxDl_RaDNkxiZI6anKdTq4DajK3M0uic0f2ePTAR912DIjb6mBvZUap2S-q_7GNFcdHUEXoZfPcc4vKVnqyLTGqJsA7JdajpLPnuUwzvsbgE3fVonzqWLvdaCJaG7-75mzApBMtWCu2oW0uV6g5XhPfrrmsgsMCnOmKRp3iVsuvPh1u1rJo5h0B0Wyqku7NXBu8ns8s9VWXLmw0PbtjllJ7_\" rel=\"nofollow\" target=\"_blank\" title=\"www.baltichorizon.com\">www.baltichorizon.com<\/a><\/p>\n<p align=\"justify\">To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UR2ztR-xRxmaUwnx0r4cPktx2mmHwHNvwTgK8HBKiwj_2kYL123ijX-aZJU2P8jthIof59sEj8UH6sdP6vX_uY_aKZ2-WE6ZKnUrvReTig8ntA_2V4yXZ-jirGDPufsQECGhkOL6mCurVHTTgcOO8OSIGUv0LeVnZ1VnD1acVUQ3wr2weBi3WPheoX9lgP5znbId7j2-i7-cEMeUXjmVtH2XBbh464J04fFCOP44ErnPwFMI8USBH_ESCXWUQnUhhxtRC1E8gLWWNCYIIF6h7nJs2ZOZcZMPuEPo__htSXg=\" rel=\"nofollow\" target=\"_blank\" title=\"www.baltichorizon.com\">www.baltichorizon.com<\/a>. You can also follow Baltic Horizon Fund on\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O9j6idDFALKxI6IYaiCot50EOHSfxSiPQtVZozGGQgOJL_UXxGCRBRw_kpm5Wi92rKB-WOMITAbbahMqhooN7Zkl3-8ysxcdd8zYnrOpu-GaDvrNLY5iWlWatlZvZBbRvEYqzLsDfxZLiDMtztBd-s6-szkx-m3bZebCk8VsGga-TJU1YKbWBOPu0ikX3b0iO08rh6I6JMi4MvDglHKdg3V4wf8tn8Gbk_0trn8OWRFkL2C2ptdz_fJ4cZFvprIZRat7pSSL0sCoPU_adIjEWw==\" rel=\"nofollow\" target=\"_blank\" title=\"LinkedIn\">LinkedIn<\/a>\u00a0and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8r5HsnYJKllPNnpvkedRrRAUEuU0sfk8FRO8XmERu0as_m1yxphL8iSBZxBx140DpRRFaH25bk8vXYH__T5pqkzgktHSxnZrkc2RpagX9bhMEsVtOWMUsublmPBYldY8DbWjr9BKvPsFy2TLoPnpVXPlFsE-4wAKpLrtMvS_w1FojmS31EpenN1rk6290QikRqj1qbGu71VcA1saEFw4nrptK_ZvjBW47LwmZ0B-XljM_gvNcdInx-NH2KIgfdM19fnEXQLNJxU6UvwhMlmOfQ==\" rel=\"nofollow\" target=\"_blank\" title=\"YouTube\">YouTube<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/N2Y1YzE2YjEtNzJmOC00ZWEzLThmNzYtMzBlNzdjNzg4ZmE2LTEwOTU2OTAtMjAyNi0wNC0xNS1lbg==\/tiny\/Baltic-Horizon-Fund-Baltic-Hor.png\" referrerpolicy=\"no-referrer-when-downgrade\"\/>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Baltic Horizon Capital AS, the management company of Baltic Horizon Fund, announces a leadership transition. Tarmo Karotam, who has led the Baltic Horizon Fund and its predecessor for 20 years, will step down as Fund Manager and Chairman of the Management Board effective 30 April 2026. Edvinas Karbauskas, the current Co-Fund Manager, will assume the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":409113,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/74b950e5-e471-41d4-b67f-35d38040b6be","fifu_image_alt":"","footnotes":""},"categories":[57166],"tags":[],"class_list":["post-409112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"_links":{"self":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/409112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=409112"}],"version-history":[{"count":0,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/409112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/409113"}],"wp:attachment":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=409112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=409112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=409112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}