Meet our dedicated team of PE/VC industry professionals

Kristel Raidla-Talur is a Partner and Co-Chair of the Banking & Finance practice group at COBALT Estonia. She advises clients mainly on venture capital and other financing transactions as well as fund formation matters. Kristel also has extensive experience in financial regulatory matters, including in relation to operating licences of banks, payment institutions, credit providers, fund managers and other financial institutions as well as requirements applicable to their activities.

Kristel is continuously advising Karma Ventures, Rubylight and other investment funds on their investments in Europe, USA and elsewhere. Kristel has also led the pan-Baltic team of COBALT in several major assignments involving Luminor Bank by acting for DNB Bank in the process of combining the Baltic operations of DNB Bank and Nordea Bank for the purpose of creation of Luminor, continuing supporting Luminor in the cross-border merger of its Baltic banking entities and advising DNB, Nordea and Luminor in the sale of Luminor’s majority stake to Blackstone.

Kristel is a member of the Estonian Bar Association since 2004. She serves as a member of the Legal Committee of the Estonian Private Equity and Venture Capital Association (EstVCA). Kristel is also a member of the Management Board of COBALT Estonia.

Antti Perli is a partner at the leading Baltic law firm Ellex Raidla and one of the most experienced venture capital and emerging technology company attorneys in Estonia. He advises clients in establishing VC and PE funds, making and raising venture capital and private equity investments, founder, employee and management matters, establishing option schemes, IT, IP and corporate matters and other everyday issues.

His recent experience in the field of venture capital and private equity covers more than 150 investment transactions representing both the investors as well as target companies. 

Antti has extensive expertise in structuring and the formation of limited partnership funds, contractual funds, preparation of fund terms, limited partnership agreements and internal procedures, obtaining licenses and registrations and conducting negotiations with fund investors (LPs).

Antti has worked for five years as the legal counsel and member of the management board at SmartCap, a management company for state venture capital funds. He has participated in establishing several business accelerators, drafting the Estonian regulation for limited partnership funds and drafting other legislation relating to technology companies, including amendments to the Commercial Code relating to startup companies and amendments to the taxation of share options.

Antti is the main author of Estonian model documents for venture capital investments and startup companies. 

Rain Tamm is the founding partner at Siena Venture Partners, manages a portfolio of 50+ startups and has 25+ years of investment, management and dealmaking experience.