History
Johan Porko and Lasse Kittelsen founded Evolver Investment Group in 2009. The aim was to work with co-financed expansion investments in owner-led companies.
The concept of co-investing is nothing new on the Åland Islands, quite the contrary. Its 19th century history is characterized by farmer voyages, where people from different farms and villages worked together to transport their goods to the nearby cities’ markets. As a result, the farmers became co-owners in the shipping companies that were founded. The combining aspects of competency, capital and a co-operative working model led to the creation of new entities that were much larger than the sum of their parts. A foundation was set that helped both the shipping business and the Åland society to flourish.
The farmer voyages eventually abated, but the tradition of sound and profitable cooperation lives on. This is a tradition that we at Evolver embrace and respect.
As of 2019 investments are executed by Evolver Fund I, a limited partnership investment fund managed by Evolver Equity Ltd.