We build trust among our investors through a transparent approach.

Funds under management

Fund Year Original size Status
CapMan Growth Equity Fund 2017 2017 €86m Value creation & exit
Fund Year Original size Status
CapMan Nordic Real Estate II 2017 425 m€ Actively investing
CapMan Nordic Property Income Fund 2017 €60m (non-UCITS) Actively investing
Kokoelmakeskus 2016 €47m Value creation & exit
CapMan Nordic Real Estate I 2013 €273m Value creation & exit
CapMan Hotels RE 2008 €875m Value creation & exit
Fund Year Original size Status
CapMan Buyout X Fund 2013 €244m Value creation & exit
CapMan Buyout IX Fund 2009 €295m Value creation & exit
CapMan Buyout VIII Fund 2006 €440m Value creation & exit
Fund Year Original size Status
CapMan Russia II Fund 2013 €99m Value creation & exit
CapMan Russia I Fund 2007 €118m Value creation & exit
Fund Year Original size Status
Nest Capital 2015 Fund 2016 €100m Actively investing
CapMan Mezzanine V Fund 2010 €95m Value creation & exit
Fund Year Original size Status
CapMan Nordic Infrastructure I Fund 2018 €115m Actively investing

We have raised more than €5 billion since 1989

€2.8 billion in capital under management.

Approximately 120 Nordic and international institutional investors have invested in funds managed by CapMan, and pension funds and insurance companies are among the largest investors. Most of our fund investors have invested in more than one CapMan fund.

Relationship

CapMan has put an increasing emphasis on building long-term relationships with its institutional investors. Relationships with our fund investors are best built by providing superior returns and investor services.

Transparency

Through our transparent approach we build trust among the investors. CapMan's own fund investments are important in aligning its interests with those of the institutional investors.

Internationality

We are determined to further broaden and extend the reach of our international investor community. Our funds are domiciled in Finland, Luxembourg or Guernsey.

Capital under management

Capital under management refers to funds’ remaining investment capacity and capital already invested at acquisition cost. The figure excludes capital from which the funds have already exited. Capital under CapMan’s management is allocated in private equity funds that invest in portfolio companies and real estate funds.The capital in funds making investments in portfolio companies is further divided into equity funds, and mezzanine and infrastructure funds.

The capital under management increases with new funds raised and declines through exits. Return expectations are directed to the capital under management both in the form of management fees and any possible carried interest.

The terms funds under management or original capital of a fund are used to refer to the original size of a fund, including capital from which the fund has already exited.

AIFM information

Alternative investment fund manager

CapMan Real Estate Ltd is a fund manager company specialized in real estate investments. In March 2017 the Finnish Financial Supervisory Authority granted CapMan Real Estate Ltd a license to act as an alternative investment fund manager (“AIFM”). Currently CapMan Real Estate Ltd is acting as AIFM for two real estate funds. 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.

Fund CapMan Nordic Real Estate II FCP-RAIF CapMan Nordic Property Income Fund
Domicile Luxembourg Finland
Legal form FCP-RAIF Finnish special investment fund (FI: erikoissijoitusrahasto)
Year of incorporation 2017 2017
Closed-end/Open-end fund Closed-end Open-end
Income/Risk profile Value add Income
Term of the fund approx. 7 years Continuous
Fund size 425 MEUR
Minimum subscription 50 000 EUR
Subscription The fund is a closed-end vehicle which first and final closing was held in August 201 and, therefore, it is no longer available for new subscriptions. The fund is open for new subscriptions four times per year at the last banking day of March, June, September and December.
Redemption of fund units The fund is a closed-end vehicle and, therefore, it is not possible to redeem fund units during the fund’s term. It is possible to redeem fund units twice per year, at the last banking day of March and September.