The Latvia-based Development Finance Institution "Altum" plans to continue developing its private equity fund to draw in investments from private pension funds, as outlined in Prime Minister Evika Siliņa's annual report to the Saeima regarding government actions and future plans. This report highlights the focus on productive business operations and underscores the importance of innovative financial strategies to bolster the pension sector in Latvia.

In the report, it is mentioned that by 2026, "Altum" will keep working on the establishment of a capital fund aimed at attracting investments from managers of private pension funds. Additionally, there is a strategic proposal for developing an international partnership-based fund, as well as an effort to create a support platform to engage licensed collective financing platforms of the Latvijas Banka. This move signifies a shift towards modernizing and enhancing the financial landscape for pension investment.

Furthermore, "Altum" has approved 28 major investment projects worth approximately 736.7 million euros, anticipating the generation of over 1340 new jobs and a rise in exports. The recently adopted Law on Innovative Business and Support for Priority Projects further underscores the government’s commitment to fostering sustainable economic growth and establishing a regulatory framework for prioritizing significant projects, especially within a green corridor, indicating a focus on environmentally friendly initiatives within Latvia’s economic development framework.