Please note, the below information is in accordance with Article 13 GDPR.
For all inquiries concerning the protection of your personal data, and the corresponding information provided below, please contact Calm/Storm Ventures via email at hello[at]calmstorm.vc.
Date: March 31st, 2020
Controller of all processing activities is:
Calm Storm Management GmbH
Goldeggasse 26
1040 Vienna, Austria
Managing Directors: Lucanus Polagnoli, Veronika Lang
Commercial Register No.: FN 524428 v
UID: ATU75235808
E-Mail: hello[at]calmstorm.vc.
Welcome to https://www.calmstorm.vc, the website of Calm Storm Management GmbH, Goldeggasse 26/10 (FN 524428v) (“Calm/Storm,” “we,” “us” and “our” etc.). We are a venture capital firm and an alternative investment fund manager. For additional information please visit https://www.calmstorm.vc.
We respect the privacy of the users of our website (“you”, “your”) and are committed to protecting your personal data and information according to the applicable law. For this reason, your data will be used exclusively on the basis of the applicable legal provisions, in particular the National Data Protection Act (DSG), the General Data Protection Regulation (GDPR) as well as the Federal Act enacting the Telecommunications Act (TKG 2003). This privacy policy (“Policy”) explains how, to what extent and for what purposes we are collecting and subsequently processing personal data and information through our website. Calm/Storm is the responsible entity (“controller”) for the processing of your personal data and information on this website.
“Personal Information” means any information that either (a) personally identifies a natural person; or (b) pertains to an identifiable natural person, i.e. someone who can be identified, directly or indirectly, in particular, by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to his or her physical, physiological, genetic, mental, economic, cultural or social identity, or (c) constitutes individually identifiable information about an individual consumer collected by us online through this website and that we maintain in an accessible form, or that (d) we are otherwise required to protect under applicable data privacy laws (including, but not limited to, national, international and supranational data protection and privacy laws, directives, regulations and comparable legal acts). Examples of Personal Information include your contact details such as your name, email address, birthday or phone number as well as information about your professional education and experience, skills, preferences, membership in professional organizations, etc.;
“Processing” means any operation or set of operations which is performed on Personal Information or on sets of Personal Information, whether or not by automated means, such as the collection, recording, organization, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, blocking, restriction, erasure or destruction;
“Sensitive Personal Information” means Personal Information revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the Processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person’s sex life or sexual orientation; “Site” means / and all web pages hosted at that domain.
We process personal data
Depending on your interaction with the Site, the following Personal Information is processed by us for the purposes as set out in the following:
Our website provides you with the possibility to submit information regarding you and your company to us. We will process your personal data (name, address, e-mail-address) in order to provide you with alerts and information about news and developments as well as articles from experts and invitations to events of Calm/Storm, in case you have expressed your interest in such information.
Our Site makes use of cookies. Cookies are small text files downloaded by your Internet browser and stored on the device you use to access the Site (e.g., your desktop computer, tablet or smartphone). Depending on their purpose, cookies log specific user-related information such as your user preferences, authentication information, security parameters, data concerning the device you access the Site with and statistical information regarding your use of the Site. Where necessary during your visit of the Site or when revisiting the Site, your Internet browser transmits the cookies including the contained information back to the servers they were initially downloaded from. The analysis and Processing of such information allows us to ensure the functionality of the Site, improve your online experience and optimize the structure and content of the Site. The cookies we use can be categorized as follows:
These are cookies that allow our Site to collect information about what you do during a browsing session each time you visit the Site. When connecting to our server, your device will be allocated a session ID, which enables our server to identify your device during the session and facilitates Site usability. These cookies are temporary and are set to be deleted when you leave the Site;
These are cookies that are stored by your Internet browser for more than a session and are set to expire within a defined time period. Persistent cookies enable us to remember your settings and information, so you do not have to keep re-entering them whenever you visit our Site. They also measure how you use and interact with the Site and enable us to personalize the Site. For example, they may allow us to alter the rotation of images on the Site so that different images will be displayed on your next visit;
These are cookies that we store and access on your device in our capacity as controller of your Personal Information when you visit our Site. They might include cookies related to third-party service providers, provided that we control and determine the purposes and means of the Processing of your Personal Information logged by such cookies. As a result, first-party cookies might log user-related Personal Information accessible to and Processed by third parties on our behalf and subject to our instructions.
These are cookies that are stored and accessed on your device by third parties determining the purposes and means of the Processing of your Personal Information logged by such cookies.
You may influence the scope and extent to which we use cookies when you visit our Site. In particular, you may prevent cookies from being stored on your device by adjusting the respective settings on your Internet browser. For more information on how to do so in the settings of your particular Internet browser, please see the following information:
https://privacy.microsoft.com/en-us/internet-explorer-ie11-preview-privacy-statement
https://www.google.com/intl/en/chrome/browser/privacy/
https://support.mozilla.org/en-US/products/firefox/protect-your-privacy
http://www.apple.com/privacy/manage-your-privacy/
However, please be aware that this might render certain functions of our Site inoperable or more difficult to use. Depending on the Internet browser you use, you might also be able to specifically reject third-party cookies. In this context, please note, however, that third parties might still have access to your Personal Information to the extent that such information is logged by first-party cookies.
For additional information on first-party and third-party cookies used on our Site in the context of third-party services and for information on how you might stop such cookies from being stored on your device, please see “Third-Party Services” below.
On our Site, we might or will use the following services provided by third parties:
We use Google Analytics. This is a service by Google Ireland Limited (“Google”), Gordon House, Barrow Street, Dublin 4, Ireland. Google uses “Cookies”. Cookies are text files which will be stored on your computer and which enable us to analyze your use of our website applications.
The information about your use of our website (including your IP-address) generated by the Cookie will be transferred to a Google server in the USA and stored on this server. Google is registered with the “EU-US Privacy Shield”-program by the US Department of Commerce. Google will use this information to analyze how you use our website and generate reports on the activities on our website for us in order to perform other services related to the use of our website and the use of the internet. Third party service providers, including Google, will generate advertisements on websites. Third party service providers, including Google, use stored Cookies in order to generate advertisements based on the prior visits of our website by a user. Google will transfer this information to third parties, if Google is legally obligated to do so or as far as third parties process this personal data on behalf of Google. Under no circumstances will Google connect your IP-address with other data owned by Google.
You can prevent the setting of cookies by adjusting the settings on your browser (see your browser help menu for how to do this). Please be aware that disabling cookies will affect the functionality of this websites and that you might not be able to use all functionalities of our website when disabling Cookies. You can prevent the use of Cookies by Google by switching to the Disabling Advertisement Website by Google (http://www.google.com/privacy_ads.html).
You may also deactivate the use of Cookies by third party service providers by clicking on the deactivation website by networkadvertising:
http://www.networkadvertising.org/managing/opt_out.asp
Our website uses Google Analytics with the “anonymizeIP” extension. All IP-addresses will be anonymized, excluding any personal references.
Our websites regularly provides content from YouTube. YouTube is an internet video portal of YouTube, LLC, 901 Cherry Ave., San Bruno, CA 94066, USA. YouTube, LLC is a subsidiary of Google Inc (certified under the “EU-US Privacy Shield”). On YouTube, users can post videos that other users can view, rate, or comment on. When you visit any of our sites hosting content from YouTube, your browser is automatically caused by the respective YouTube component to download the corresponding YouTube component of YouTube, giving YouTube and Google an understanding of what specific page you are visiting. This information is collected through YouTube and Google and, if you are logged in to YouTube, associated with your YouTube account. This happens regardless of whether you click on a YouTube video on our pages or not. If you wish to prevent such information from being transmitted to YouTube and Google, you must log out of your YouTube account before visiting our website. YouTube’s privacy policy is available at https://www.google.com/intl/en/policies/privacy/.
We transfer personal data to third parties such as:
We therefore comply with the provisions of Article 32 DSGVO in order to guarantee the confidentiality and security of your personal data and take appropriate technical and organisational security measures.
Notwithstanding efforts to maintain a consistently high level of due diligence, the possibility cannot be excluded that information that you provide to us via the Internet may be viewed and used by others. Please note that we therefore accept no liability whatsoever for the disclosure of information due to errors in data transmission and/or unauthorized access by third parties not caused by us (e.g. hacker attack on email accounts or telephone, interception of faxes).
As long as we process your Personal Information, you have the right to information about the purposes of Processing, the categories of personal data, the origin and the recipients of your personal data, the duration of storage. Your right to information might be subject to our professional duty of confidentiality.
If we process inaccurate or incomplete Personal Information, you have the right to rectification of such data. If your Personal Information is processed unlawfully, you may also request us to erase your Personal Information. You may also request the erasure of your Personal Information if your data is processed unlawfully, subject to legal obligations preventing the erasure of your personal data.
You may request us to limit the processing of your Personal Information in certain cases.
You have the right to receive the Personal Information, which you have provided to us, in a structured, commonly used and machine-readable format. You have the right to direct transmission of those data to another controller as far as this is technically feasible.
You have the right to object, on grounds relating to your particular situation, at any time to processing of Personal Information concerning you which is based on our legitimate interests according to art 6 para 1 point f GDPR. If you object to processing of your Personal Information we shall cease to process this data unless our legitimate interests to processing your Personal Information prevail. Where Personal Information are processed for direct marketing purposes, you shall have the right to object at any time to processing of Personal Information concerning you. In this case we will cease the processing or your Personal Information for marketing purposes immediately.
You have the right to lodge a complaint with the Austrian Data Protection Authority (Österreichische Datenschutzbehörde), Wickenburggasse 8, 1080 Wien, +43 1 531 15-202525, E-Mail: dsb@dsb.gv.at if you believe that your rights to protection of your personal data have been infringed.
Due to ongoing further development, this Privacy Policy will continue to be adapted. Changes will be announced on this website in due time. Therefore, you should regularly access this Privacy Policy in order to inform yourself about the current version.
“Sensitive Personal Information” means Personal Information revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the Processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person’s sex life or sexual orientation; “Site” means / and all web pages hosted at that domain.
Durch die Ratifizierung des Übereinkommens von Paris haben sich die teilnehmenden Staaten zur Begrenzung des globalen Temperaturanstiegs auf deutlich unter 2°C bzw. möglichst auf 1,5°C gegenüber vorindustriellen Werten verpflichtet. Die Europäische Kommission hat zur Erreichung dieser Ziele und zur Verringerung der Auswirkungen des Klimawandels einen umfassenden Aktionsplan zur Finanzierung nachhaltigen Wachstums und den European Green Deal veröffentlicht. Ein Teil dieses Aktionsplanes sieht den Abbau von Informationsasymmetrien in den Beziehungen zwischen Kunden und Finanzmarktteilnehmern bzw Finanzberatern im Hinblick auf die Einbeziehung von Nachhaltigkeitsrisiken, die Berücksichtigung nachteiliger Nachhaltigkeitsauswirkungen, die Bewerbung ökologischer oder sozialer Merkmale sowie im Hinblick auf nachhaltige Investitionen vor. Diese Informationsasymmetrien sollen durch verpflichtende vorvertragliche Informationen und laufenden Offenlegungen durch Finanzmarktteilnehmer und Finanzberater gegenüber Endanlegern beseitigt werden. Die Verordnung (EU) 2019/2088 über nachhaltigkeitsbezogene Offenlegungspflichten im Finanzdienstleistungssektor (kurz: Offenlegungs-VO) verpflichtet Finanzmarktteilnehmer und Finanzberater auch dazu schriftliche Strategien zur Einbeziehung von Nachhaltigkeitsrisiken zu veröffentlichen.
Gemäß der Offenlegungs-VO versteht man unter Nachhaltigkeitsrisiko ein Ereignis oder eine Bedingung in den Bereichen Umwelt, Soziales oder Unternehmensführung, dessen beziehungsweise deren Eintreten tatsächlich oder potentiell wesentliche negative Auswirkungen auf den Wert der Investition haben könnte.
Aufgrund der fortschreitenden Veränderung des Klimas rücken neben den anderen Nachhaltigkeitsrisiken speziell Klimasrisiken immer stärker in den Fokus. Mit Klimarisiken sind all jene Risiken umfasst, die durch den Klimawandel entstehen oder die infolge des Klimawandels verstärkt werden. Bei den Klimarisiken unterscheidet man zwischen physischen Risiken, welche sich direkt aus den Folgen von Klimaveränderungen ergeben, und Transitionsrisiken, die durch den Übergang zu einer klimaneutralen und resilienten Wirtschaft und Gesellschaft entstehen und so zu einer Abwertung von Vermögenswerten führen können. Beispiele für Nachhaltigkeitsrisiken sind: Vermehrtes Auftreten von Naturkatastrophen, Verlust der Biodiversität, Rückgang der Schneedecke, extreme Trockenheit, …. Nachhaltigkeitsrisiken können sich bei einer Veranlagung in den bekannten Risikokategorien wie etwa dem Bonitätsrisiko, dem Risiko des Totalverlustes und dem Kursrisken manifestieren.
Neben den Nachhaltigkeitsrisiken können auch Nachhaltigkeitsfaktoren bei einer Veranlagung bzw Investitionsentscheidung eine Rolle spielen. In der Offenlegungs-VO werden Nachhaltigkeitsfaktoren definiert als Umwelt-, Sozial- und Arbeitnehmerbelange, die Achtung der Menschenrechte und die Bekämpfung von Korruption und Bestechung. Darunter fällt zum Beispiel der Klimaschutz, der Schutz der Biodiversität, die Einhaltung anerkannter arbeitsrechtlicher Standards, eine angemessene Entlohnung, Maßnahmen zur Verhinderung von Korruption etc.
Die Calm Storm Management GmbH bezieht derzeit in der Anlage- und Versicherungsberatung keine Nachhaltigkeitsrisiken mit ein.
Für den von der Calm Storm Management GmbH verwalteten AIF wurden bislang keine Nachhaltigkeitsrisiken identifiziert, die wesentliche Auswirkungen auf die Wertentwicklung des Fonds haben. Dies liegt an der Anlagestrategie des Fonds. Die Calm Storm Management GmbH beobachtet jedoch laufend die weitere Entwicklung auf europäischer Ebene betreffend die Berechnung und Berücksichtigung von Nachhaltigkeitsrisiken. Dabei wird besonderes Augenmerk darauf gelegt, ob sich bestimmte Nachhaltigkeitskriterien und Schwellwerte betreffend Nachhaltigkeitsrisiken als Mindeststandard oder Marktpraxis entwickeln. Die Berücksichtigung von Nachhaltigkeitsfaktoren wird zu einem späteren Zeitpunkt anhand der Ergebnisse dieser Entwicklung erfolgen.
Die Calm Storm Management GmbH hat die Auswirkungen von Nachhaltigkeitsrisiken im Rahmen ihrer Vergütungspolitik derzeit nicht explizit festgeschrieben. Die Vergütung der Mitarbeiter erfolgt grundsätzlich nur zu einem geringen Teil variabel – auch unter Berücksichtigung von qualitativen Merkmalen – worunter auch das Handeln im Einklang mit den geltenden gesetzlichen Bestimmungen fällt. Soweit die Beachtung von Nachhaltigkeitsrisiken gesetzlich vorgesehen ist, erfolgt daher deren Berücksichtigung für die Bemessung des variablen Teils der Vergütung.
Please find below key information documents pursuant to Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs).
Basisinformationsblatt CALM STORM 1 EUVECA GMBH & CO KG: Download
Basisinformationsblatt CS A1 EUVECA GMBH & CO KG: Download
Basisinformationsblatt CS II EUVECA GMBH & CO KG: Download
