OREANDA-NEWS. June 25, 2009. Sorainen Tallinn office participated in the establishment of the Estonian Private Equity and Venture Capital Association (EstVCA), which joins together venture capitalists, private equity funds, business angels and other related institutions. Sorainen was welcomed as support member of the organization, reported the press-centre of Sorainen.

“We are very pleased to be part of this newly established organisation and look forward to contribute in the development of the Estonian private equity and venture capital industry, especially in the relevant legal and tax frameworks which are the areas of our expertise,” says Reimo Hammerberg, partner and head of the Sorainen Banking & Finance Team.

EstVCA aims to strongly develop the private equity and venture capital industry in Estonia, and has 15 full members and 15 support members.