Annual reports

CapMan's year 2021

Our vision is to be a Nordic private assets powerhouse. Our strategy based on this vision has progressed on many fronts during 2021. We have expanded our fund investor base, diversified our product offering in the unlisted market and focused on active and sustainable value creation.

  • Our turnover was €53 million and operating profit was €45 million.
  • Assets under management reached a record level at €4.5 billion, growing by 20%.
  • We raised €830 million in new capital as a result of the establishment of new funds. Throughout the year we established a new residential real estate fund, a fund that invests in businesses undergoing transformations and a new private credit fund, among others.
  • We successfully attracted several new large international institutions as investors in our new funds. Investors outside the Nordic countries now contribute to approx. 60 per cent of our assets under management.
  • We exited a total of 11 companies and real estate assets which returned capital and distributed returns to investors at a total of €250 million, of which €24 million to CapMan.
  • We developed the systematic integration of sustainability factors into our business and focused on assessing the sustainability impacts of our investments. This resulted in a new strategy to integrate sustainability objectives and establishment of sustainability targets for CapMan Group as well as for funds managed by CapMan.
  • EPS was 21 cents per share. The Board of Directors proposes 15 cents per share to be distributed as dividend and equity repayment for 2021. This would increase CapMan’s distribution to shareholders for nine consecutive years.

Read more in our 2021 Annual Report (pdf)!

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