CapMan Oyj, founded in 1989 and headquartered in

Helsinki Helsinki () is the Capital city, capital and most populous List of cities and towns in Finland, city in Finland. It is on the shore of the Gulf of Finland and is the seat of southern Finland's Uusimaa region. About people live in the municipali ...

Finland Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, ...

, is a Finnish

private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity. ...

manager listed in

Helsinki Stock Exchange Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange (, ), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called ''OMX''). After the OMX merger, it was referred t ...

. CapMan manages funds with capital raised mainly from European

institutional investors An institutional investor is an entity that pools money to purchase security (finance), securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, s ...

, such as pension funds and insurance companies, endowments, family offices, funds of funds and public institutions. CapMan has three key investment areas – Private Equity, Real Estate and Infrastructure. Altogether, CapMan employs around 190 professionals in Helsinki, Stockholm, Copenhagen, Oslo, Luxembourg and London.

History

In 2014, during CapMan's 25th anniversary, a book called "Into the driver's seat - Stories about entrepreneurs and CapMan" was written by journalist Marko Erola from Talouselämä magazine.

Investment areas

CapMan has three key investment areas - Private Equity, Real Estate, and Infrastructure - each of which has its own dedicated investment teams and funds. * Private Equity includes CapMan Buyout, which invests in unlisted Nordic mid-market companies in various industries; CapMan Growth, which makes minority investments in Nordic growth companies; CapMan Special Situations, which invests in turnarounds and restructurings, and CapMan Credit, which invests in private debt. * Real Estate manages private equity real estate funds and mandates, which invest in office, retail, residential and hotel properties, in the Nordic countries. * Infra invests in Nordic mid-cap infrastructure assets, focusing on energy, transportation and digital communications assets.

Investments

Targets for CapMan's investment partnerships are mainly Nordic unlisted companies, real estate and infrastructure assets. In December 2012, CapMan became a signatory of the UN Principles for Responsible Investment (UN PRI). Over the years, CapMan has made investments in dozens of different companies, amongst others

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, Cederroth, Esperi Care, Design-Talo, Lumene, Kämp Group, The North Alliance, Walki, Komas Ltd, LämpöLux and Havator Group. CapMan has Euro 5 billion of capital under management.

Ownership

Half of CapMan's shares are owned by Finnish households. The largest owner is Silvertärnan Ab. Other large shareholders include Ilmarinen Mutual Pension Insurance Company, Varma Mutual Pension Insurance Company and The State Pension Fund. Approximately four per cent is owned by management.

References

FSB2022https://capman.com/wp-content/uploads/2023/02/CapMan_Plc_Financial-Statements_Bulletin_2022_02022023_Final.pdf {{Nasdaq Helsinki Financial services companies established in 1989 Economy of Finland Finnish companies established in 1989 Companies listed on Nasdaq Helsinki