Karolina Lapinskaitė
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Country
Lithuania
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Languages
Lithuanian, English, French
Karolina Lapinskaitė is a Partner, Head of the Funds & Investment Services Specialisation Group, Head of the Private Equity & Venture Capital Industry Group, and Co-Head of the ESG Specialisation Group.
She specialises in asset management, investment services, capital markets, and derivatives, offering strategic legal counsel to both local and international clients in the financial sector. Karolina is particularly recognised for her expertise in developing ESG frameworks, guiding clients on licensing, business model structuring, and ensuring regulatory compliance.
Throughout her career, Karolina has led numerous complex projects involving investment services disputes, asset management matters, and national and cross-border financing transactions. She supports financial institutions in compliance and governance matters and represents clients during inspections by the Bank of Lithuania and other regulatory bodies.
Karolina’s commitment to advancing sustainable finance extends beyond legal practice. She co-launched a series of sustainability-driven events with LT VCA, fostering greater ESG awareness within the financial sector.
With her forward-thinking approach and technical depth, Karolina is a trusted advisor for financial institutions navigating the evolving landscape of ESG compliance and investment regulation.
Karolina’s achievements and expertise in banking, finance and capital markets are consistently recognised in the prestigious international legal directories – Chambers Europe (Up and Coming), IFLR1000 (Notable Practitioner), and The Legal 500 (Next Generation Partner).
Testimonial
CV
Partner, law firm TEGOS
Associate Partner, law firm TEGOS
Senior Associate, law firm TGS Baltic
Associate, law firm TGS Baltic
Associate, Lewben Investment Management
Legal Counsel, Šiaulių Bankas
Lawyer – Contract Specialist, SEB Bank
Lawyer – Contract Specialist, Nordea Bank Finland plc. Lithuanian Branch
Vilnius University, Master in Laws
Mykolas Romeris University, Bachelor of Law
Deals & cases
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16.09.2026 | LithuaniaPerpetus Wealth has obtained a category C brokerage firm licence from the Bank of Lithuania
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27.08.2026 | LithuaniaEvernord Asset Management has obtained a management company licence under the Alternative Investment Fund Managers Directive
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24.08.2026 | LithuaniaAria Securities Receives Category C Financial Brokerage Firm Lincence
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07.07.2026 | LithuaniaEvernord Real Estate Fund VII has acquired of Sky Office business centre
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16.10.2025 | LithuaniaSOUND Asset Management completed the fundraising of its private debt fund Sound Senior Private Debt Fund 1, reaching a total size of EUR 70 million
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01.10.2025 | Lithuania1 Asset Management launches €50m+ Baltic Capital Markets Acceleration Fund backed by ILTE and ALTUM
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02.07.2025 | LithuaniaBLB Capital granted financial advisory firm licence
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08.09.2024TGS Baltic advised Sound Asset Management on the launch of a new senior private credit fund to support small businesses in the Baltics
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08.05.2024 | LithuaniaTGS Baltic represents three companies of the BaltCap (largest and most experienced private equity investor in the Baltic States) portfolio: Žvirgždaičių energija UAB, Nullus UAB, EN Efficiency PL sp. z o.o (Companies).
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23.04.2024 | LithuaniaAdvised Röntgen Asset Management (UAB Ketvirta Diena) on obtaining permission to operate as a management company of collective investment undertakings for informed investors
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04.02.2024 | LithuaniaTGS Baltic team advised AIM Invest on successfully obtaining a category C financial brokerage company license
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12.02.2023 | LithuaniaTGS Baltic advised Contrarian Ventures on establishing the pan-European climate-tech impact venture capital fund, Contrarian Ventures Net Zero 2022
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05.01.2023 | LithuaniaExceptional victory: we have won a case against the Bank of Lithuania in courts of all instances, representing Orion Asset Management
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13.12.2022 | LithuaniaTGS Baltic advised the largest Lithuanian capital bank Šiaulių bankas on its 85 MEUR bond listing on Nasdaq Vilnius
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11.11.2022 | LithuaniaTGS Baltic advised Orion Wealth in obtaining a licence of a financial brokerage firm of category C
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10.11.2022 | LithuaniaTGS Baltic – together with Dentons – advised the Republic of Lithuania on borrowing in total EUR 1.2 bilion in international capital markets
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30.06.2022 | LithuaniaTGS Baltic advised Valstybės investicinis kapitalas on a EUR 25 million note issue
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09.06.2022 | LithuaniaTGS Baltic advised EPSO-G, which was the first in the Baltics to issue sustainability bonds
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07.06.2022 | LithuaniaTGS Baltic – together with Dentons – advised the Republic of Lithuania on EUR 650 million bond issuance
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21.04.2022 | LithuaniaTGS Baltic advised I Asset Management in obtaining a license to operate throughout the EU
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18.01.2022 | LithuaniaTGS Baltic advised financial brokerage company Myriad Capital on obtaining a category B licence of a financial brokerage firm
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17.12.2021 | LithuaniaTGS Baltic advised the shareholders of Medicinos Bankas on the sale of 100% of the bank’s shares
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30.09.2021 | LithuaniaTGS Baltic advised Šiaulių Bankas in approving the EUR 250 mln. Euro Medium Term Note Programme and distributing the first EUR 75 mln. Notes issue under the programme
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16.09.2021 | LithuaniaTGS Baltic advised UAB Valstybės investicinis kapitalas, which invests into the Lithuanian Aid for Business Fund, in approval of EUR 400 million state-guaranteed note program and placement of the inaugural EUR 30 million issue
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10.08.2021 | LithuaniaTGS Baltic advised Orion Securities, the largest non-banking financial brokerage company in Lithuania, on the introduction of a depository service
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13.07.2021 | LithuaniaTGS Baltic advised the Ministry of Finance of the Republic of Lithuania in EUR 750 million Eurobond issue
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13.07.2021 | LithuaniaTGS Baltic advised the clients on the acquisition of a qualifying shareholding and voting rights in UAB Medicinos bankas
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28.05.2021 | LithuaniaTEGOS advised Akropolis Group on EUR 300 million Eurobond issue
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10.05.2021 | LithuaniaTGS Baltic advised Evernord on the biggest freeze-dried food business in the Baltic States Dehidra’s EUR 4 million bond issue
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14.04.2021 | LithuaniaTGS Baltic advised Evernord Asset Management on establishing a new fund and investing in a real estate object in Riga
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16.03.2021 | LithuaniaTGS Baltic advises Maxima Grupė on structuring the Commercial Paper Programme and the EUR 40 million issuance of notes under the programme – the very first transaction under such format in the Baltics
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31.12.2020 | LithuaniaTGS Baltic represented the European Investment Bank on signing an exclusive deal with Šiaulių bankas for the establishment and management of a EUR 200 million renovation fund
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09.10.2020 | LithuaniaTGS Baltic advised Evernord on obtaining a category B licence of a financial brokerage firm
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02.10.2020 | LithuaniaTGS Batic advised The Bank of New York Mellon on the largest-ever IPO in the Baltics by Ignitis Group
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15.07.2020 | LithuaniaTGS Baltic represented Opera Limited in the acquisition of Fjord Bank
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11.05.2020 | LithuaniaTGS Baltic advised the shareholders of Medicinos Bankas on the sale of 100% of the bank’s shares
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28.04.2020 | LithuaniaTGS Baltic advised Šiaulių bankas on its 20 MEUR bond listing on Nasdaq Vilnius
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