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Siru Helminen

Chief Financial Officer

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At a glance

Full Name
Siru Johanna Helminen
Title
Chief Financial Officer, Financial Services; Managing Director, UTU Holding Oy
Firm
University of Turku / UTU Holding Oy
Firm Type
University-owned holding company and institutional/endowment investment function
Investment Stage
University research commercialization, spinout ownership, and long-term institutional portfolio allocation; no public evidence found that she is an individual angel investor with a seed-round mandate
Target Company Profile
Companies and shareholdings connected to University of Turku research, IP, services, and strategy
Sector Focus
University research commercialization; examples found in clinical research/CRO services, health technology, conference/event services, and university service companies
Geographic Focus
University of Turku ecosystem and Finland; University of Turku states direct share investments are made only in domestic shares
Location
Turku, Southwest Finland, Finland

Background

Siru Johanna Helminen is the Chief Financial Officer of the University of Turku, where the university lists her in Financial Services and gives her office address as Vesilinnantie 5, Turku. The university’s organisation page places Financial Services and Facility Services under her responsibility within University Services reporting to the Rector.

Her role has an investment component: the University of Turku states that the Rector has highest jurisdiction over university investment activity, while the CFO, Siru Helminen, is responsible for practical measures. The CFO also acts as secretary of the university’s Investment Committee, which supports investment decisions.

Helminen is also Managing Director of UTU Holding Oy, the wholly University of Turku-owned company established to manage the university’s shareholdings. UTU Holding has no external staff; its chair is the university Rector, its board members are vice rectors, and its managing director is the university CFO. Public registry/aggregator records list her full name as Siru Johanna Helminen and identify her as UTU Holding’s managing director.

Her LinkedIn profile lists UTU Excellence Oy and University of Helsinki in her background, and shows public activity around board work and governance training, including a post noting completion of HHJ Pro. Separate company records list her as procuration holder at UTU Excellence Oy and as board chair of Certia Oy.

Investment Thesis & Focus

  • UTU Holding’s stated operating principles include University of Turku basic-research origin, strategy, and values. This points to a research-commercialization mandate rather than a conventional angel-investing thesis.
  • The University of Turku describes itself as a long-term investor and says investment returns are used to promote the university’s strategic goals.
  • The university’s portfolio policy emphasizes sustainability: it follows responsible-investment principles, is a member of FINSIF, and requires asset managers to report ESG indicators.
  • For the university’s endowment-style portfolio, long-term target allocation includes listed shares/equity funds, fixed income, real estate, and alternative investments such as private equity, private debt, wind, and solar power.
  • Direct equity investments are limited to domestic Finnish shares; other equity exposure is through funds.
  • No verified public check size, personal angel portfolio, or seed-stage investment mandate was found for Helminen.

Notable Investments

  • CRST Oy / LINK Medical AS: CRST is a Finnish clinical research organization founded in 1995 as a University of Turku service unit and incorporated in 2014. UTU Holding held a 51% majority stake before LINK Medical AS acquired CRST in January 2025; UTU Holding remained a minority shareholder in LINK Medical after the transaction.
  • Precordior Oy: University of Turku-linked health technology company developing a smartphone-based method for detecting cardiovascular diseases. The company was founded in 2016 from a University of Turku and Business Finland TUTLI project, and the university owns part of it through UTU Holding. It received about €2 million in EU Horizon 2020 funding in 2020.
  • Aboa kongressi- ja tapahtumapalvelut Oy: Conference and event-services company originally owned by UTU Holding, Åbo Akademi, the City of Turku, Turku University of Applied Sciences, and the regional hospital district. Certia acquired all shares in March 2023; the release notes UTU Holding among the largest prior owners and quotes Helminen as Certia’s board chair.
  • LINK Medical AS: Following the CRST acquisition, UTU Holding remained a minority shareholder in LINK Medical, a Nordic CRO and regulatory-service provider with operations in multiple Northern European countries.

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