Karlo Siirala

Karlo Siirala

The investment management industry is pivotal in channelling economic capital to drive sustainable growth.

When contemplating fund formation and investment decisions in funds, sponsors and LP-investors can count on the market-leading experience of our team, which is one of the largest and most experienced in the Finnish market. We actively optimise processes through the use of AI and advanced legal technology.

Fund formation

We advise private equity sponsors and other market participants in forming and structuring investment funds as well as in complying with their regulatory obligations. Our efficient process guarantees the expeditious formation of funds of all types, along with the required documentation and transactions. We offer you the most up-to-date information and extensive experience in contract practices and terms. Our clients include private equity and venture capital firms, banks, fund management companies, and investment firms.

Fund investments and co-investments

We advise LP-side institutional investors in their domestic and international fund investments and co-investments. We ensure that the terms of the target funds and transaction documents are fair to the investor and in line with customary market practice. We also make sure that the fund investment fulfils the requirements of national regulation and the client’s own investment policy. Our clients include various Finnish and international institutional investors, such as pension funds, asset management firms, insurance companies, foundations, funds of funds, family offices, and listed companies.

Secondary transactions

We advise in both GP-led and non-GP-led secondary transactions of LP interests between institutional investors. We ensure that the terms of the transaction documents are fair, in line with market practice and functioning in sync with the target fund.

High-level support from leading fund law experts

You are supported by a team of leading fund law experts with top-notch expertise in alternative investment funds, private equity and venture capital, tax law, finance, and financial regulation. We create business- and strategy-driven solutions tailored to your individual needs and ensure that your investment activities always conform to the most recent regulations.

We provide a comprehensive set of services and solutions for all matters related to investment funds:

  • formation and structuring of funds and other asset management arrangements
  • asset management agreements, fund distribution agreements
  • advisory to sponsors on the governance, economic and tax structuring, and operation of fund entities
  • regulatory advisory
  • restructurings and dissolutions of funds
  • advisory on ESG matters and sustainable investing
  • fund investment due diligence reviews for investors
  • secondary transactions.

Latest references

We advised SRV Group plc when it sold its 50% holding in the Pearl Plaza shopping centre in St. Peterburg to CP Invest Limited. The sale was the final part of SRV’s actions to exit from all of its operations in Russia which began in 2022. The sales price of SRV´s ownership of the shopping centre was approximately 11 million euros. SRV is a Finnish developer and innovator in the construction industry. SRV was established in 1987 and is listed on the Helsinki Stock Exchange.
Case published 17.2.2025
We advised Valio Oy in its acquisition of Raisio Oyj’s plant protein business, related fixed assets and the Härkis® and Beanit® fava bean brands. The fixed assets include, among other things, the production equipment of the factory that makes plant protein products in Kauhava. The transaction supports Valio’s strategy to grow from a dairy company to a food company. This business acquisition will make us an even more significant developer and producer of plant-based protein products. The demand for these products will grow in the long term, and a great deal of growth potential still remains. In 2022, we acquired the Gold&Green® business and, since then, we have been carrying out strong product development and renewed the brand. Following successful product launches, sales in the last quarter of 2024 increased by about 50% from the previous quarter. With this acquisition, we are building our own production capacity. The production equipment of the Kauhava factory is just right for our needs and situation. says Kimmo Luoma, Valio’s Senior Vice President. Valio is a Finnish dairy and food company founded in 1905 and owned by Finnish dairy cooperatives. Valio has subsidiaries in Sweden, Estonia, the United States and China. In 2023, the Group had a turnover of EUR 2 278 million and more than 4 000 employees.
Case published 14.2.2025
We successfully represented Trety AB in a dispute and settlement negotiations concerning an agreement for development and production of communication devices for the healthcare sector. Eventually, the parties reached an amicable settlement to the full satisfaction of our client and thus the parties avoided an extensive arbitral proceeding. Trety AB is a global company that provides its customers with solutions for development, industrialization and production of electronics. Trety AB has over 30 years’ experience from IT, electronics and telecommunication industries.
Case published 11.2.2025
We advised a financier consortium including OP Corporate Bank plc, Nordea Bank Abp, and Skandinaviska Enskilda Banken AB in a leveraged financing arrangement for Vexve, a company owned by DevCo Partners Oy. The financing included EUR 143 million acquisition, refinancing and other facilities for, among other things, the financing of Vexve’s acquisition of Denmark-based Frese A/S, a leading manufacturer of dynamic balancing valves for hydronic networks. Vexve’s combined turnover after the completion of the transaction will be ca. EUR 200 million. Vexve is the leading European provider of valve solutions for the energy sector and selected energy-intensive industries.
Case published 7.2.2025