Compliance
General overview of ownership and management
The management company of the funds is Trind Ventures OÜ. Trind Ventures OÜ is wholly owned and controlled by the Partners of Trind, Joel Aasmäe, Kimmo Irpola, Taavi Lepmets, Reima Linnanvirta, and Ivar Siimar.
Brief description of the management company’s founding and history
The management company was founded in 2016 by Joel Aasmäe, Kimmo Irpola, Taavi Lepmets, and Ivar Siimar.
Contact info of the person most suitable to answer media inquiries
For media inquiries, please contact Partner Reima Linnanvirta, reima@trind.vc.
Names, total committed capital, and investment strategies of investment funds under the management of the management company
Usaldusfond Trind Ventures Fund I, 21 million euros, seed-stage venture capital
Usaldusfond Trind Ventures Fund II, 55 millions euros, seed-stage venture capital
Usaldusfond Trind Ventures Fund II, 55 millions euros, seed-stage venture capital
Breakdown of investors by type and geographical location of the individual investment fund
Trind Ventures Fund IPension companies 23%
Public sector 50%
Private individuals 27%
Estonia 45%
Finland 3%
Luxembourg 50%
Switzerland 2%
Trind Ventures Fund II
Pension companies 31%
Public sector 45%
Family offices 1%
Private individuals 19%
Foundations and donations 3%
Estonia 32%
Finland 19%
Lithuania 12%
Luxembourg 37%
Public sector 50%
Private individuals 27%
Estonia 45%
Finland 3%
Luxembourg 50%
Switzerland 2%
Trind Ventures Fund II
Pension companies 31%
Public sector 45%
Family offices 1%
Private individuals 19%
Foundations and donations 3%
Estonia 32%
Finland 19%
Lithuania 12%
Luxembourg 37%
Information on the valuation principles of the individual investment fund
The manager follows the IPEV Valuation Guidelines.
Information on the guidelines applied to investor reporting
The manager follows the Invest Europe Investor Reporting Guidelines.
Information on the status of the investor under the AIFM
The manager is a small fund manager without an activity license.
Membership of venture capital associations and compliance with their rules and guidelines
The management company is a member of the Estonian Venture Capital Association and the Finnish Venture Capital Association and complies with the rules and guidelines of these associations.
