{"id":237817,"date":"2024-07-18T16:21:24","date_gmt":"2024-07-18T13:21:24","guid":{"rendered":"https:\/\/vuf.lt\/?post_type=naujienos&#038;p=237817"},"modified":"2024-07-18T16:21:24","modified_gmt":"2024-07-18T13:21:24","slug":"second-quarter-results-strong-growth-and-changes-in-the-investment-board","status":"publish","type":"naujienos","link":"https:\/\/vuf.lt\/en\/news\/second-quarter-results-strong-growth-and-changes-in-the-investment-board\/","title":{"rendered":"Second quarter results: strong growth and changes in the Investment Board"},"content":{"rendered":"<p style=\"text-align: justify;\">The VU endowment fund announces its investment management results for <strong>Q2, 2024<\/strong>. In the second quarter of this year, the value of the endowment capital managed by the VU Foundation reached <strong>EUR 5.71 million<\/strong>, and the investment management result has exceeded <strong>EUR 1.11 million<\/strong> since January 2019.<\/p>\n<p style=\"text-align: justify;\">Professor Konstantinas Pileckas of the Faculty of Mathematics and Informatics of VU, a long-standing member of the VU Foundation&#8217;s Investment Board, is being replaced by two investment management specialists, <strong><a href=\"https:\/\/www.linkedin.com\/in\/jurgis-rudgalvis-575067b1\/\" target=\"_blank\" rel=\"noopener\">Jurgis Rudgalvis <\/a><\/strong>and <strong><a href=\"https:\/\/www.linkedin.com\/in\/justas-%C5%A1altinis-cfa\/\" target=\"_blank\" rel=\"noopener\">Justas \u0160altinis, CFA.<\/a><\/strong><\/p>\n<p style=\"text-align: justify;\"><em>&#8220;Joining the philanthropic Vilnius University Foundation gives me the opportunity to have a positive impact on the community, to contribute to the strengthening of education in Lithuania, and to further promote philanthropy. I have been following the investment activities of global endowment funds for a number of years, and as a new member of the investment board, I will share my knowledge and experience to ensure the long-term capital growth of the Foundation&#8221;<\/em>, says <strong>Justas \u0160altinis, CFA<\/strong>, private markets expert, portfolio manager, founder of fintech company Debifo.<\/p>\n<p style=\"text-align: justify;\"><em>&#8220;This is a unique opportunity to use my experience both in promoting the growth of the fund and investing, and most importantly, to contribute directly to the strengthening of education and science in Lithuania&#8221;<\/em>, says <strong>Jurgis Rudgalvis<\/strong>, a private investor and expert in mergers and acquisitions.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" class=\"aligncenter wp-image-237814 size-full lazyload\" data-src=\"https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2.jpg\" alt=\"\" width=\"2480\" height=\"3508\" data-srcset=\"https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2.jpg 2480w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-212x300.jpg 212w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-724x1024.jpg 724w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-768x1086.jpg 768w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-1086x1536.jpg 1086w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-1448x2048.jpg 1448w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-810x1146.jpg 810w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-332x470.jpg 332w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-380x538.jpg 380w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-113x160.jpg 113w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-650x919.jpg 650w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-106x150.jpg 106w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-177x250.jpg 177w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-764x1080.jpg 764w, https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024Q2JPG2-600x849.jpg 600w\" data-sizes=\"(max-width: 2480px) 100vw, 2480px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 2480px; --smush-placeholder-aspect-ratio: 2480\/3508;\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><em>View as PDF\u00a0<a href=\"https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/VU-Foundation-Investment-Report-Q2-2024.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/em><\/p>\n<p class=\"gmail_default\" style=\"text-align: justify;\">Members of the VU Foundation&#8217;s Investment Board, responsible for professionalism and performance: <strong>Alius Jakub\u0117lis\u00a0<\/strong>(Chairman)<strong>, \u0160ar\u016bnas Barauskas, Mindaugas Ma\u017eeikis, CFA, Paulius Kun\u010dinas, Jurgis Rudgalvis, <\/strong><strong>Tomas Krakauskas, Justas \u0160altinis, CFA.<\/strong><\/p>\n","protected":false},"featured_media":237816,"template":"","class_list":["post-237817","naujienos","type-naujienos","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Second quarter results: strong growth and changes in the Investment Board - Vilnius University Foundation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Second quarter results: strong growth and changes in the Investment Board - Vilnius University Foundation\" \/>\n<meta property=\"og:description\" content=\"The VU endowment fund announces its investment management results for Q2, 2024. In the second quarter of this year, the value of the endowment capital managed by the VU Foundation reached EUR 5.71 million, and the investment management result has exceeded EUR 1.11 million since January 2019. Professor Konstantinas Pileckas of the Faculty of Mathematics [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/\" \/>\n<meta property=\"og:site_name\" content=\"Vilnius University Foundation\" \/>\n<meta property=\"og:image\" content=\"https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024q2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/\",\"url\":\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/\",\"name\":\"Second quarter results: strong growth and changes in the Investment Board - Vilnius University Foundation\",\"isPartOf\":{\"@id\":\"https:\/\/vuf.lt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024q2.jpg\",\"datePublished\":\"2024-07-18T13:21:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/#primaryimage\",\"url\":\"https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024q2.jpg\",\"contentUrl\":\"https:\/\/vuf.lt\/wp-content\/uploads\/2024\/07\/2024q2.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vuf.lt\/news\/antrojo-ketvircio-rezultatai-stiprus-augimas-ir-pokyciai-investiciju-valdyboje\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/vuf.lt\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Second quarter results: strong growth and changes in the Investment Board\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vuf.lt\/#website\",\"url\":\"https:\/\/vuf.lt\/\",\"name\":\"Vilnius University Foundation\",\"description\":\"Donate to the sustainable endowment fund. 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