Order fund factsheets


Contacts:

Phone: +372 664 4205
Fax: +372 664 4201
E-mail: info@avaron.com


Address:
Narva Road 7D
Entrance B
10117 Tallinn, Estonia

Our Team

Avaron has one of the largest investment teams focusing on Emerging Europe value investments. Our team consists of 14 professionals seated in Estonia and Poland. To be successful we believe it is important to possess local knowledge and understand the business environment and culture. Although Avaron was established in 2007, our track record in regional investments dates back to 1997.

We have a strong corporate culture with passion for investing, diligence and flexibility. Our team members share value investing principles in picking attractive investment opportunities. The firm is fully owned by its partners.

 

Partners

Kristel Kivinurm-Priisalm
Founder, Managing Partner & CEO


Experience in Emerging Europe investments since 1997

  • Head of Asset Management - Trigon Capital
  • Director, Head of Capital Markets - Trigon Capital
  • Equity analyst - Trigon Capital
  • Former roles in public organisations: Member of the Supervisory Board of Estonia’s Guarantee Fund; Voting Member of Tallinn Stock Exchange Listing & Supervisory Committee; Chairwoman of the Association of Estonia’s Fund Management Companies; Member of the Board of the Estonian Service Industry Association
  • Education: Concordia International University Estonia (Tallinn University of Technology), M.A. in International Business, summa cum laude 
  • English, Russian, Finnish, Estonian
  • Interests: value investing, yoga, healthy lifestyle

 




Valdur Jaht
Founder, Partner & Investment Manager, co-CIO


Experience in Emerging Europe investments since 2003

  • Investment manager - Trigon Capital
  • Accountant & financial analyst
  • Education: University of Tartu, M.A. in Business Administration
  • Former roles: lecturer at the University of Tartu on finance and investing
  • English, Estonian
  • Interests: value investing, beekeeping, endurance sports (cross-country skiing, triathlon). Finished Hawaii Ironman triathlon in 2014.




Peter Priisalm
Founder, Partner & Investment Manager, co-CIO


Experience in investment management, corporate finance and strategic management in Emerging Europe since 1997

  • Executive Director - MicroLink Group, the former largest Baltic IT company (Corporate Finance Manager, CFO and Member of the Board, CEO Estonian Operations)
  • Director, Corporate Finance, Suprema Securities (EVLI)
  • Finance Department - Port of Tallinn
  • Business News Editor, BNS
  • Education: Concordia International University Estonia (Tallinn University of Technology), M.A. in International Business, summa cum laude
  • English, Russian, Finnish, Estonian
  • Interests: markets, start-up investing, yoga

 

 

Senior Research Team

Rain Leesi
Head of Research, CFA


Experience in Emerging Europe investments since 2007

  • Member of Avaron Investment Committee
  • Joined Avaron research team as an Analyst in 2007
  • Education: Tallinn University of Technology, BA in Business Administration
  • English, Estonian
  • Interests: value investing, sports (decathlon, cross-country skiiing, orienteering)
  •  

Piotr Jurga
Senior Analyst, CFA


Experience in Emerging Europe investments since 2008

  • Joined Avaron research team as an Analyst in 2008
  • Audit team - E&Y
  • Education: Koźmiński University, M.A. in Finance & Banking
  • English, Polish
  • Interests: politics, Czech literature & humour




Reino Pent
Senior Analyst


Experience in Emerging Europe investments since 2011

  • Joined Avaron research team as an Analyst in 2011
  • Audit Associate - PwC
  • Education: Estonian Business School, M.A. in International Business
  • English, Estonian
  • Interests: basketball, photography, farm work

 

 

 

 

Senior Support Team

Maarja Härsing-Värk
Head of Back Office


Experience in Back-Office operations since 2002

  • Founding partner of Avaron in 2007
  • Joined Avaron as Head of Back-Office in 2007
  • Head of Back-Office - Trigon Capital
  • Back-Office Specialist - Trigon Capital
  • Education: University of Tartu, M.A. in Economics
  • English, Estonian
  • Interests: reading, handicraft, amigurumi
  •  




Maris Viire
Compliance Officer & Head of Administration


Experience in financial reporting & accounting since 2001

  • Joined to head Avaron Administration team in 2014
  • Compliance Specialist & Strategy Analyst - Ministry of Finance
  • Chief Accountant - Nefab Eesti
  • Education: University of Tartu, B.A. in Financial Management
  • English, German, Estonian
  • Interests: music, theatre