Viljar Arakas is a founding member and a member of the board of EfTEN Capital AS. From spring 2008 also a fund manager of all four EfTEN real estate funds. Before setting up the team of EfTEN Capital he was the chairman of the board of Arco Vara AS. From 2007 to 2011 he was the member of the supervisory board of Tallinn Airport, from 2011 to 2012 chairman of the supervisory board of Estonian Railways. From 2012 – 2015 he was chairman of the supervisory board of EVR Cargo / Operail and currently is the chairman of the supervisory board of the Estonian Air Navigation Services.
Viljar studied telecommunications at Tallinn Polytechnic School and after graduation, he went on to study business administration in Estonian Business School, which he graduated in 2003. After graduation he continued his education in Hogeschool NOVI in Netherlands and graduated with double major.