Management structure
The management structure of Baltic Horizon Fund consists of the Management Board of the Management company, the Supervisory Board of the fund and the Supervisory Board of the Management company.
Structure and governance
Baltic Horizon Fund management consists of the Management Board of the Management company and the Supervisory Board. The Management Board bears overall responsibility for the daily business of Baltic Horizon Fund.
The Supervisory Board comprises independent people (3 to 5 people) who are responsible for supervision of the Management Board.
In addition, the Management Board is supervised and advised by the Supervisory Council of the Management company.
Management Board of the Management company
Supervisory Board of the fund
Raivo Vare
Chairman of the Supervisory Board
Profile
Raivo Vare, born 1958, is the Chairman of the Fund’s Supervisory Board. He is a well-recognized expert in the areas of infrastructure, logistics and corporate strategy.
Raivo Vare has many managerial positions both in private and listed companies. He graduated from Law Faculty of University of Tartu (summa cum laude) in 1980, and from the Executive MBA programme of Estonian Business School (cum laude) in 2003.
Andris Kraujins
Member of the Supervisory Board
Profile
Andris Kraujins, born 1963, is a member of the Fund’s Supervisory Board.
During the last ten years, Andris Kraujins has acted as a private investor investing into different projects in health care, food processing, financial and hi-tech sectors. He graduated from Riga Technical University, Faculty of Automation and Computing Technique in 1986. In 1991, Andris graduated from Institute of International Relations at the University of Latvia.
Per Moller
Member of the Supervisory Board, Chairman of the Audit Committee
Profile
Born 1967, Per Moller is a member of the Fund’s Supervisory Board and Chairman of the Audit Committee. He is active in providing funding to start-up companies and also in offering his management expertise to entrepreneurs and executives. Per Moller has long-standing experience at Ernst & Young, Denmark, in transaction advisory, restructuring and reorganization as well as assurance/audit with companies in Denmark and the Baltics.
Prior to joining Ernst & Young, Per Moller acted as Managing Partner in Arthur Andersen & Co, Baltics. He graduated from Baltic Management Institute, International Executive MBA, in 2000 and from Copenhagen Business School, M.Sc. in Business Economics and Auditing, in 1991.
David Bergendahl
Member of the Supervisory Board
Profile
David Bergendahl is a member of the Fund’s Supervisory Board. He is the founder and CEO of Hammarplast AB, and he has previous experience from the Russian real estate market.
David Bergendahl graduated from Gothenburg University. He holds a Degree of Master of Science in Business and Economics.
Supervisory Council of the
Management company
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Baltic Horizon Fund Rules
The Baltic Horizon Fund Rules describe the principles of Baltic Horizon Fund matters including the management and governance of the Fund.
Governance principles
Good governance principles enable us to meet our commitments to external and internal stakeholders and to society.