As an investor in Likeminded.vc Fund I K/S (the “Fund”) you share both personal and financial information with us. Your privacy is important to us and we are dedicated to safeguarding your personal and financial information.
We collect personally identifiable information from you when you are admitted as an investor to the Fund such as:
We will only process sensitive personal data, to the extent required by law, and then only withyour express consent.
We need a lawful basis to process your personal data. Depending on the nature of the data and your relationship with the Fund, there can often be more than one lawful basis for processing. The table below describes certain processing activities associated with an investment in the Fund and the various lawful grounds for processing that data.
We process your personal data as follows:
KYC due diligence, including confirming and verifying your identity (including, if applicable, your credit-worthiness by using credit reference agencies), screening against government, and/or law enforcement sanctions lists; other anti-money laundering and countering terrorist financing due diligence and, conducting investor checks in assessing suitability of investors. The processing is necessary for compliance with legal obligations to which we are subject.The processing is necessary for the purposes of the legitimate interests pursued by us, provided that those interests do not override your fundamental rights and freedoms; and the processing is necessary for the performance of a contract with you or to take steps prior to entering a contract with the Fund.
Administering our relationship with you as an investor and performance of all tasks necessary to provide the investment services and all related communications, both in preparing for admission to a fund (negotiation, preparation and signature of documentation) and all on going communications and reporting (whether communicating directly with you as an investor or to your representatives, advisors and agents), as well as providing information to actual or prospective lenders or their advisors and making any relevant regulatory, tax or other relevant filings (including with respect to portfolio investments of relevance to the Fund or other investment vehicles in which you participate). The processing is necessary for the purposes of the legitimate interests pursued by us, provided that those interests do not override your fundamental right sand freedoms; and the processing is necessary for the performance of a contract with you or to take steps prior to entering into a contract with the Fund.
In order to protect your personal information, we maintain physical, electronic and procedural safeguards.
We employ appropriate technical and organisational measures to protect personal data within our control against accidental or unlawful destruction, loss, alteration, unauthorised disclosure, unauthorised access, and other unlawful or unauthorised forms of processing.
Personal data may be kept for as long as it is required for legitimate business purposes, to perform contractual obligations, or where longer, such longer period as is required by applicable legal or regulatory obligations or for any applicable limitation period under applicable law. Personal data will be retained throughout the life cycle of any investment, however no longer than necessary with regard to the purpose of the investor’s relationship with the Fund.
We do not sell information aboutour investors to third parties, nor is it our practice to disclosesuch information to third parties unless requested or permitted to do so by an investor or investor representative or, if necessary, in order to process a transaction, service an account or as permitted by law. Additionally, we may share information with outside companies that performadministrative services for us. However, our arrangements with these service providers require them to treat your information as confidential.
You have the right:
Please note that we do not use automated decision-making. The right to erasure is not absolute and it may not always be possible to erase personal data on request, including where the personal data must be retained to comply with a legal obligation. Erasure of the personal data requested to fulfil the purposes described in this Notice, may result in the inability to provide the services to the investor.
If you have any concerns about the way in which we use your personal data please contact us at:
The Danish Data Protection Agencysupervises that the applicable national regulation on personaldata are satisfied. The contact information for the Danish Data Protection Agency is:
Carl Jacobsens Vej 35
2500 Valby
T: 3319 3200
F: 3319 3218
E-mail: dt@datatilsynet.dk