KRR (Kasvurahastojen Rahasto) — Growth Fund of Funds
Offers KRR Kasvurahastojen Rahasto - Growth Fund of Funds, anchor fund partner commitments to Finnish venture fund/PE funds through Tesi's KRR fund-of-funds.
KRR (Kasvurahastojen Rahasto, 'Growth Fund of Funds') is Tesi's vehicle for anchoring Finnish VC, growth, and buyout funds. KRR commits EUR 5–30 million per fund, capped at 40% of a fund's total commitments. Since its 2008 launch KRR has invested EUR 302 million alongside EUR 843 million from Finnish institutional LPs, helping 53 portfolio funds raise EUR 4.8 billion in total and support approximately 500 Finnish growth companies. The current vintage is KRR V (investment period 2024–2028), classified as SFDR Article 8. KRR V's LP base includes Elo, Keva, Ilmarinen, LähiTapiola, OP Group, VER, and Veritas. Excluded fund types: real estate, listed-company vehicles, other funds-of-funds, and infrastructure-focused vehicles. GP engagement is rolling during KRR V's active period.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.