Erkki Torn

Operates a chain of physical fitness centers

Askembla is a hands-on manager which aims to achieve superior private equity returns for investors by investing in established medium-sized businesses across sectors in Central and Eastern Europe, with a focus on Estonia, Latvia, Lithuania, Poland, Russia and Ukraine. The firm seeks majority or significant minority equity stakes in investee companies in domestic or export markets. Participating at board level, they partner with management to create value through appropriate industry experts, sales growth and significant operating improvements. Askembla seeks to invest in established companies with strong management which are willing to work with them to improve corporate governance and shareholder value.