CapMan

About CapMan

CapMan is a Nordic listed private assets house with €6.1 billion of assets under management as of December 2024, headquartered in Helsinki with offices in Stockholm, Copenhagen, Oslo, London, Luxembourg and Jyväskylä. The firm was founded in 1989 and listed on Nasdaq Helsinki since 2001, making it one of the only listed Nordic private-asset managers with a 35-year track record. CapMan operates a multi-strategy platform spanning real estate, infrastructure, natural capital and timberland, plus traditional buyout, growth and credit private equity.

Investment thesis

CapMan deploys capital through approximately 20 plus active funds across Buyout (Fund X and XI), Growth (Fund I and II), Real Estate, Infrastructure, Natural Capital (Dasos I through VII) and Nordic Property Income strategies, with capital allocated to real estate, infrastructure, industrials, consumer, business services and natural capital sectors. Geographic deployment is anchored in the Nordics (Finland, Sweden, Denmark, Norway) with selective broader European exposure. CapMan's unique natural-capital and timberland arm (acquired via Dasos Capital in March 2024) provides a differentiated real-assets exposure unavailable through traditional Nordic PE platforms.

Recent activity

Recent realised exits include consumer and sports nutrition (2025), residential construction (2025), serviced apartments (2026), forestry (2025) and three real estate exits across 2025. Recent acquisitions include the Dasos Capital timberland asset manager (March 2024, €35 million for €1.4 billion AUM platform) plus CapMan Buyout XI deployments across 2024-2025. The platform continues active deployment across the multi-strategy private assets franchise. Detailed buyer names and multiple data available on Pro at €49/month.