Soren Thorsen
Finance & Venture Partner at KRING
Soren Thorsen
Finance & Venture Partner at KRING
Copenhagen, Capital Region of Denmark
Overview
Work Experience
Finance & Venture Partner
2024 - Current
Partner & Investment Manager
2020 - 2023
Deal-sourcing, Due Diligence, Deal-structuring & Execution, Business Development, Fundraising, Value Creation etc. - preparing detailed analyzes of companies - fundraising - deal structuring - board works - compilation of financial and operational risk management policies - perform valuations and financial analyzes - prepare decision-making proposals (Investment Memorandum) - handling and execution of transactions (termsheets, Shareholder Agreements, SPA, contracts and legal negotiations) - value creation in the individual portfolio companies (strategically and operationally) - deal-sourcing - screening and analyzing the market for investment opportunities - structuring due diligence processes - building networks with Venture- and Private Equity Funds and other external partners
Partner & Investment Manager
2017 - 2020
Deal-sourcing, Due Diligence, Deal-structuring & Execution, Business Development, Board Work, Fundraising, Value Creation etc. - preparing detailed analyzes of companies - fundraising - deal structuring - board works - compilation of financial and operational risk management policies - perform valuations and financial analyzes - prepare decision-making proposals (Investment Memorandum) - handling and execution of transactions (termsheets, Shareholder Agreements, SPA, contracts and legal negotiations) - value creation in the individual portfolio companies (strategically and operationally) - deal-sourcing - screening and analyzing the market for investment opportunities - structuring due diligence processes - building networks with Venture- and Private Equity Funds and other external partners
Senior Dealer - EURO Government Bond Trading
2015 - 2017
Market maker of European Government Bonds. Responsible for the short end of the curve in Core European countries and T-Bills. Developed risk models and distributed them to the team. Implemented stress tests and VaR models. - Educated and trained junior traders - Daily comments and trade idea presentations to sales force, based on macro events and their potential impact on the bonds market - Development of the Euro franchise and leverage on the Nordic presence
Chief dealer - Fixed Income Trading
2008 - 2015
Senior Dealer - EURO Rates Trading
2003 - 2008
Marketmaking in all Danish money market instruments and responsible for quoting competitive prices to clients, institutionals and global banks. Managed Danske Bank's (Scandie Currencies) shortend net liquidity. Client Targets Institutional customers, Treasury Marketing, Customer desks in Denmark and to our international units, Interbank Market (non-marketmakers included) and in-house Danske Bank customers. Products Cash Deposits, FX-forwards, FRAs, short IRSs, Treasurybills, CDs, Noncallable mortgagebonds, short government bonds, Ciborfutures, OIS.
Investment Advisor
1999 - 2003
Through a solid financial education and great experience in financial markets, including advising wealthy and complex investment customers I have acquired a number of competencies in: • Investment advice and asset management of High-Net-Worth customers, including asset allocation, Portfolio Analysis, Discretionary mandates and individual investment solutions. • Compliance-related understanding in investment purposes in a sector with expected increased regulation • Building relationships with partners and customers I have also wide and updated knowledge on: • The global financial market - primarily in the equity, bond, interest rate and foreign exchange market. For 6 years I have been responsible for a customer portfolio of 80-90 very affluent residential and business customers. Through a strong relationship with my clients skills I both to build new customers / partners and retain existing customers by providing a professional, competent, need-oriented and trustworthy / confident investment advice. I operated by creating good relations and results of customer types with different and complex challenges. The customers are handled on the basis of individual consultancy agreements and / or discretionary mandates based on the risk profile, investment horizon and expected returns. Work is in the interest of long-term and strong relationships through needs-related and confident investment advice