Policies
The Verdane privacy and cookie policy
Privacy Policy
Data Protection Notice
Introduction
The purpose of this data protection notice is to provide information on how the Verdane Group (jointly “Verdane” or “we”), process your personal data in connection with your involvement with Verdane. All Verdane group entities are separate controllers, see below for contact details to all Verdane group entities. We respect your privacy and protect the personal data we process about you. All processing of personal data is carried out in accordance with the EU General Data Protection Regulation (the “GDPR”).
Description of data processing activities
| Category of data subject | What personal data is processed? | For what purpose is the personal data processed? |
What are the legal grounds for processing personal data?
|
| Representatives of portfolio companies and prospective portfolio companies. | Contact details of owners, employees, prospective employees and former employees. | Personal data is processed to evaluate prospective portfolio companies, maintain the business relationship with our portfolio companies and to conduct our business operations in compliance with applicable contractual and legal requirements. |
The processing is necessary to fulfil our contractual obligations with the company that you represent. This means that we have a legitimate interest in processing your personal data for these purposes. We consider that the processing of personal data is necessary for the purposes and that these outweigh any opposing interests and/or fundamental rights and freedoms you may have.
The processing may also be necessary to fulfil our legal obligations in accordance with applicable legislation |
| Representatives of advisors and prospective advisors. | Contact details of owners, employees, prospective employees and former employees. | Personal data is processed to evaluate prospective advisors, to communicate with advisors and to manage advisor relationships. |
The processing is necessary to fulfil our contractual obligations with the company that you represent or directly with you. This means that we have a legitimate interest in processing your personal data for these purposes. We consider that the processing of personal data is necessary for the purposes and that these outweigh any opposing interests and/or fundamental rights and freedoms you may have.
|
| Representatives of investors and prospective investors. | Contact details of owners, employees, prospective employees and former employees. | To find new investors, to manage investor relationships, to fulfil contractual obligations and to ensure compliance with applicable laws. |
The processing is necessary to fulfil our contractual obligations with the company that you represent or directly with you. This means that we have a legitimate interest in processing your personal data for these purposes. We consider that the processing of personal data is necessary for the purposes and that these outweigh any opposing interests and/or fundamental rights and freedoms you may have.
The processing may also be necessary to fulfil our legal obligations in accordance with e.g. anti-money laundry legislation. |
| Representatives of portfolio companies and prospective portfolio companies, and representatives of investors and prospective investors. | Name, contact details, nationality, personal identity number and date of birt relating to owners, employees, prospective employees and former employees. If your name appears on any of the export control and sanctions lists we screen against, we may also process personal data relating to criminal convictions and offences. |
Personal data is processed to carry out export control and sanctions screening and checks against adverse media lists. In practice, this means that your name will be checked against third party risk assessment tools incorporating sanctions lists adopted by the EU, UN and the US. |
The screening against EU and UN export control and sanctions lists is necessary for us to comply with legal obligations under applicable export control and sanctions laws.
The screening against US export control and sanctions lists and adverse media lists is based on Verdane’s legitimate interests. Verdane operates in a regulated industry in which there is an enhanced risk of money laundering and terrorist financing. In many cases, there are contractual obligations and requirements for Verdane to perform screenings and take active measures against money laundering and terrorist financing. We consider that the processing of personal data is necessary for the purposes and that these outweigh any opposing interests and/or fundamental rights and freedoms you may have. We will also process your personal data for the purpose of documenting the result of the screening based on our legitimate interest. In cases where personal data relating to criminal convictions and offences is processed and documented in the results, such processing is based on our legal obligations under applicable export control and sanctions laws or subject to approval by the applicable governmental authority. |
| Business contacts and others contacting us. | Names of representatives of business contacts or names of anyone contacting Verdane, e.g. by email. | The personal data is processed to maintain and communicate with business contacts or others that contact us, to organize events, to market our products and to send out information and newsletters. |
The processing is based on our legitimate interest in maintaining business contacts and communicating with business contacts and others interested in our business. We consider that the processing of personal data is necessary for the purposes and that these outweigh any opposing interests and/or fundamental rights and freedoms you may have.
|
| Website visitors and subscribers to our newsletter. | When subscribing for our newsletter we collect your name, email address, country of origin, field of business and company where you work. We also collect information through cookies. |
The personal data is processed in order to send you the newsletter which you have requested. For information regarding our use of cookies see our cookie policy. |
The processing of your personal data for the purpose of sending you our newsletter is based on our legitimate interest. When you provide us with your information and subscribe to our newsletter, it is in our interest to provide you with this service. The newsletters are only sent as long as it is in your interest. Hence, there are no opposing interests for this processing.
For information regarding our use of cookies see our cookie policy. |
As a general rule, we will collect the personal data directly from you. However, we may also collect information about you from your employer/the company that you represent, third party risk assessment tools or through publicly accessible sources, such as authorities.
Who has access to your personal data?
We have implemented appropriate technical and organisational measures to protect your personal data against loss, accidental and unlawful access and unauthorised disclosure. The number of persons with access to your personal data is limited. Only individuals associated with us that need to process your personal data in accordance with the purposes above have access to your personal data.
We share your personal data with other companies within the Verdane Group, namely in order to conduct our business to comply with legal requirements and contractual obligations.
We also share your personal data with suppliers and partners that carry out services on our behalf or in other ways collaborate with us, such as IT suppliers e.g. Microsoft and Intility, external advisors such as audit firms and bookkeeping and other service providers such as risk assessment tools.
If legally required to do so, we may also share your personal data with public authorities such as the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) and the Swedish Competition Authority (Sw. Konkurrensverket).
We may also be required to share personal data during business transactions when required by our binding contractual obligations or applicable legislation.
Your personal data is primarily processed within the EU/EEA, however, when necessary, your personal data is transferred to our subsidiary in the UK and may also be processed in other third countries by our processors. The transfers are based on our legitimate interests and are required to conduct our business. When transferring personal data to countries outside the EU/EEA, we use standard contractual clauses approved by the European Commission to ensure a sufficient level of protection for your personal data or rely on an adequacy decision by the European Commission.
For a complete list of all our data processors, third country transfers and other recipients of your personal data, please contact relevant Verdane entity (contact details below).
How long will we store your personal data?
Your personal data will only be stored as long as necessary for the purpose for which it was collected or as long as permitted or required under applicable law. This means that personal data relating to our contractual relationship with you or the company you represent will be processed for as long as you represent the company and/or as long as the contract remains. Some personal data may be processed for a longer time if required by applicable law.
What are your rights?
You have the right to know what personal data we are processing about you, and you can request a copy of such data. You have the right to have incorrect personal data about you corrected. You also have the right so in some cases request that we delete your personal data. You also have the right to object to certain processing of your personal data, and request that the processing of your personal data should be limited. Please note that limitation or deletion of your personal data may result in us not being able to fulfil our obligations under the agreement with the company you represent or provide you with our services. Under certain circumstances you are also entitled to extract your personal data in a structured, commonly used and machine-readable format and to transfer the personal data to another controller. You always have the right to object to direct marketing and to revoke your consent. Please contact us if you have any questions or wish to exercise your rights.
If you have questions regarding how we process personal data about you, you are most welcome to contact us at the contact information stated above. If you have any objections or complaints about the way any of us processes your personal data, you have the right to file a complaint with Integritetsskyddsmyndigheten (SE), Datatilsynet (NO), the Information Commissioner’s Office (UK), Berliner Beauftragte für Datenschutz und Informationsfreiheit (GER), Dataombudsmannens Byrå (FI) or Datatilsynet (DK), as applicable
Changes
If any changes are made concerning the processing of your personal data, we will inform you of the changes by publishing an updated version of this privacy notice on our webpage.
This notice was last updated on June 07 2022.
Cookie Policy
- Introduction
This cookie policy relates to all Verdane entities’ use of cookies on our website https://verdane.com/ (“Verdane” or “we”) are committed to protect your privacy during your visit to our website. Cookies are used on our website to distinguish you from other users of our websites, to provide you with a better user experience and to improve our site. Please read this Cookie Policy (the “Policy”) in order to understand how we use cookies and how you can block or delete the cookies. For a specified list of all Verdane entities please see below.
- What is a cookie?
A cookie is a small text file containing information which is stored on your computer when you visit a website. Cookies can enable the website to remember some of your actions and preferences, so you do not have to re-enter them when you come back to the site or browse from one page to another.
For more information about how cookies work, please be referred to www.allaboutcookies.org.
- What cookies are used?
- Types of cookies used
On our website we use the following types of cookies. The tables set out the specific cookies within each category that are used on this website and specify the purpose for each cookie, whether any information comes from or will be transferred to a third party, as well as how long the information will be stored. We will not use cookies for any other purpose than what is stated below.
- Strictly necessary cookies: these cookies are used in order to enable the services you have specifically asked for. For example, they enable you to move around the website and use its features, such as accessing secure areas of the website.
- Functional cookies: these cookies are used in order to remember choices you make such as your user name, language or the region you are in and provide enhanced, more personal features. These cookies can also be used to remember changes you have made to text size, fonts and other parts of the website that you can customise. The information these cookies collect may be anonymised and they cannot track your browsing activity on other websites.
- Performance cookies: these cookies collect information about how you use the website, for instance which pages you go to most often, and if you get error messages from the website. These cookies however do not collect information that identifies you.
- Table of our cookies
| Cookie | Domain | Stored information | Session | Type |
| __cf_bm | .vimeo.com | This cookie is used to distinguish between humans and bots. This is beneficial for the website, in order to make valid reports on the use of their website. | 30 minutes | functional |
| _ga | .verdane.com | Registers a unique ID that is used to generate statistical data on how the visitor uses the website. | 2 years | functional |
| _ga_Z16H404WTM | .verdane.com | Used by Google Analytics to collect data on the number of times a user has visited the website as well as dates for the first and most recent visit. | 2 years | functional |
| _gat_UA-29852902-2 | .verdane.com | Used by Google Analytics to throttle request rate | 1 day | functional |
| _gid | .verdane.com | Registers a unique ID that is used to generate statistical data on how the visitor uses the website. | 1 day | functional |
| cmplz_banner-status | .verdane.com | Store if the cookie banner has been dismissed | 1 year | functional |
| cmplz_consented_services | .verdane.com | Store cookie consent preferences | 1 year | functional |
| cmplz_functional | .verdane.com | Store cookie consent preferences | 1 year | functional |
| cmplz_marketing | .verdane.com | Store cookie consent preferences | 1 year | functional |
| cmplz_policy_id | .verdane.com | Store accepted cookie policy ID | 1 year | functional |
| cmplz_preferences | .verdane.com | Store cookie consent preferences | 1 year | functional |
| cmplz_statistics | .verdane.com | Store cookie consent preferences | 1 year | functional |
| wordpress_test_cookie | .verdane.com | Read if cookies can be placed | Session | functional |
| wp_lang | .verdane.com | Store language settings. | Session | functional |
- Third-Party Cookies
We are continuously working to improve this website. Therefore, we use the web analysis tool “Google Analytics” to analyse the behaviour of website users on an anonymous and aggregated level. Google’s possibility to use and share information collected by Google Analytics about your visits to our website is restricted by the Google Analytics Terms of Service, available at http://www.google.com/analytics/terms/us.html and the Google Privacy Policy, available at http://www.google.com/intl/en/policies/privacy/. You can prevent Google Analytics from recognizing you on return visits to the website by disabling cookies in your browser. We allow Google Analytics to install and manage cookies on this website. Please see the table above.
- What is the legal ground and purpose for using cookies?
Since the website would not work without the strictly necessary cookies, this category of cookies is always on when you visit our website. The legal ground for using strictly necessary cookies is our legitimate interest in providing you with a functioning website. We consider that the processing of personal data is necessary for the purposes and that these outweigh any opposing interests and/or fundamental rights and freedoms you may have.
However, when functional and performance cookies are used, we rely on your consent. Upon entering the website the first time, you will see a banner with information about our use of cookies and be requested to consent to the use of cookies. You are not required to consent to functional and performance cookies to access the website.
- How can you withdraw your consent and delete cookies?
If you wish to withdraw your consent to the use of cookies, you can do so here:
You can also change your web browser’s settings to automatically deny the storage of cookies or to inform you when a website wants to store cookies on your computer. Previously stored cookies can also be deleted through the web browser.
For more information and guidance on how to withdraw your consent, please contact us at dataprotection@verdane.com
Contact
If you have any questions or complaints about the use of cookies on the website or how we process your personal data, do not hesitate to contact us and our Data Protection Manager Oscar Rydén by email at dataprotection@verdane.com or by post to the addresses below. In our privacy policy you will find more information about the types of information we collect about you, our processing of your personal data, and how you may exercise your data privacy rights.
| Company name | Company registration | Address |
| Verdane Fund Manager AB | 559208-1565 | c/o Verdane Capital Advisors Birger Jarlsgatan 41A 111 45 Stockholm, Sweden |
| Verdane Advisors AB | 559034-6531 | c/o Verdane Capital Advisors Birger Jarlsgatan 41A 111 45 Stockholm, Sweden |
| Verdane Advisors AS | 918 933 425 | Hieronymus Heyerdahls gate 1 0160 Oslo, Norway |
| Verdane Advisors GmbH | HRB 204376 B | Rosenstraße 19 10178 Berlin, Germany |
| Verdane Advisors ApS | 39111632 | Bredgade 6 1260 Copenhagen, Denmark |
| Verdane Advisors Oy | 2889473-9 | Mikonkatu 9 00100, Helsinki, Finland |
| Verdane Advisors Ltd | 11153745 | 24 Old Queen Street London, United Kingdom |
| Verdane Elevate AB | 559245-6338 | c/o Verdane Capital Advisors Birger Jarlsgatan 41A 111 45 Stockholm, Sweden |
| Verdane Elevate AS | 824389632 | Hieronymus Heyerdahls gate 1 0160 Oslo, Norway |
| Verdane Elevate GmbH | HRB 224389 B | Rosenstraße 19 10178 Berlin, Germany |
| Verdane Advisors Holding AS | 917018944 | Hieronymus Heyerdahls gate 1 0160 Oslo, Norway |
