CapMan Growth Equity III fund has successfully reached its maximum fund size, a hard cap of €130 million, attracting considerable interest that surpassed the previous fund’s size. The fund is geared towards propelling Finnish entrepreneur-backed growth companies, in line with its historical investment strategy. Since it began operations in 2017, CapMan Growth has collected in excess of €300 million from investors to support growth-focused initiatives. Their investors are primarily respected Finnish institutional entities and seasoned Finnish entrepreneurs; some are even founders from the portfolio companies of CapMan Growth. The fund just made a pivotal move by investing in Tana, a company specializing in environmental technology, representing CapMan Growth’s investment philosophy that favors companies engrossed in technology, services, healthcare, and software. Antti Kummu, Managing Partner at CapMan Growth, emphasized the firm’s role in backing entrepreneur-led companies with revenues of €10-200 million, positioning CapMan as a minority stakeholder, thus offering a partial exit strategy for entrepreneurs who aren’t ready to relinquish majority control. CapMan has an impressive track record of nurturing firms like Coronaria and Digital Workforce, to name a few. CapMan itself is renowned in the Nordic region for private asset management and boasts of over €5 billion in assets under management, reputation earned by nurturing companies for over three decades for optimal value creation. With a committed target to achieve net-zero greenhouse gas emissions by 2040, under the Science Based Targets initiative, CapMan reflects its active involvement and broad presence in various unlisted market segments, delivering comprehensive wealth management solutions and procurement services, with a strength of about 200 professionals across multiple European offices.

Private Equity, Environmental Technologies, Software and Technology Services,Finland, Nordics

CapMan Growth’s third fund reached its hard cap size of €130 million