About Our Business
After decades in the financial industry spanning across investment banking, asset management and wealth management we decided to devote our skills and energy to things we love, people that inspire us and ideas that get us buzzing.
We are strong believers that directing capital for impact can be a powerful force for good without compromising financial returns. We are particularly passionate about supporting innovations that can reverse climate change and extent human life span.
We love connecting people and ideas to create a multiplier effect. We love leveraging our global network to hear from the best.
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Therion Advisers Pte. Ltd. is an exempt corporate finance adviser, registered with the Monetory Authority of Singapore.
The Team
Milena Nikolova
Managing Partner
Milena brings a unique blend of investment banking, venture capital, and wealth management experience to help founders and investors navigate the full journey from startup to scale and beyond. With over 25 years in finance and innovation, she guides companies through capital raising, growth strategy, governance, and exits, leveraging her deep understanding of both sides of the investment table.
As Partner at Antares Ventures, Milena invests globally in ventures reshaping the future of energy, industry, and urban systems and catalysing their success in Asia. A strong advocate for climate innovation, she also serves as Co-Chair of the Climate Solutions Committee at the Singapore Venture Capital Association.
She is also an experienced board member, with several current and past positions across both for-profit and non-profit organizations. Earlier in her career, Milena was Executive Director at UBS Investment Bank in London, advising on >USD 10bn in mergers, acquisitions, and IPOs transaction value, and later worked in UBS Wealth Management in Singapore, advising ultra-high-net-worth clients on asset allocation, wealth planning, and corporate structuring.
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Milena holds an MSc in International Finance from the London School of Economics and is a CFA charterholder.
Ivan Vatchkov
Managing Partner
Ivan is the founder and CEO of Kalibra.ai, a longevity and healthspan company that turns our health data into actionable insight. He is also a private investor focusing on fintech, healthtech and edtech.
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Prior to this he was a hedge fund portfolio manager for over 10 years at multi-billion dollar funds GAMA and Algebris Investments (Asia) in Singapore. He has been a member of the Young Global Leader community at the World Economic Forum since 2014.
Prior to Algebris Investments Ivan was a Director in the CFO office of Credit Suisse Investment Bank and an equity analyst at Credit Suisse and Deutsche Bank.
Ivan holds an MSc in International Accounting and Finance from the LSE and is a CFA charterholder. He has also attended leadership courses at Harvard, Yale, Cambridge and NUS.
Ivan and Milena are engaged in extensive philanthropic work having established ReachOut.BG, a children’s charity based in Bulgaria dedicated to the support and education of abandoned children.