Our roots are Nordic. Our networks and handprint are global.


Our mission is to build value for the enrichment of society

CapMan is a leading Nordic private assets management and investment company. We have built value in unlisted businesses, real estate and infrastructure for 30 years. We serve investors in the private assets class on a broad scale. Our roots are Nordic but our handprint and our networks are international.

At CapMan, we build better organised, managed, and financially stable companies, because this contributes to overall economic well-being. More jobs and innovations equal better conditions for the society. Similarly, we invest in real estate and infrastructure, because we believe that functional high-quality environments and utilities are cornerstones for functioning societies.

We build value for the enrichment of society.


years of experience in Private Assets


€bn in assets under management


Investments in the Nordics


Companies & assets portfolio


Core investment areas


Service businesses

Value creation

For growing businesses

Capital, strategic expertise and solid advisor networks

For Nordic communities

Functional high-quality environments and utilities through local real estate and infrastructure investments

For investors

Attractive returns and innovative solutions through broad access to private assets

Company values

Nordic roots & international ambition are reflected into sustainable growth stories, beyond our holding period.

High ethics

We believe in integrity and transparency. We are a reliable partner and responsible owner respecting all our stakeholders. We always consider the long-term impacts of our actions.

Active ownership

We deliver innovative solutions proactively and with a hands-on approach. We create lasting value by working closely with all our stakeholders.


We are committed to entrepreneurial drive. We are hungry but humble and encourage continuous development and learning.


Our teams and advisor networks combine backgrounds of deep operational, engineering and financial expertise from leading global companies.

AIFM information

CapMan AIFM Ltd is a fund manager company specialized in private equity, infrastructure  and real estate investments. In September 2018 the Finnish Financial Supervisory Authority granted CapMan Real Estate Ltd a license to act as an alternative investment fund manager (“AIFM”). Currently CapMan AIFM Ltd is acting as AIFM for CapMan Growth Equity Fund Ky, CapMan Nordic Infrastructure I SCSp and for two real estate funds; CapMan Nordic Real Estate II FCP-RAIF and CapMan Nordic Property Income Fund.

CapMan Growth Equity Fund Ky is a Finnish limited partnership structured closed fund which pursues to make significant minority investments in Nordic growth companies. CapMan Nordic Infrastructure I SCSp is closed-end Luxembourg based fund which invests in infrastructure assets in energy, transportation and telecom, such as energy plants and their distribution networks with is core and core+ investment focus.

CapMan Nordic Real Estate II FCP-RAIF is a closed-end fund based in Luxembourg. The fund has a Value-add investment strategy which covers office, retail, hotel and residential properties in the Nordics. Finland-based CapMan Nordic Property Income Fund in turn is an open-ended special investment fund targeting steady cash flow from the office, retail, logistics and hotel properties located in the Nordic growth cities. It is open for subscriptions four times per year.