Evli

Evli is a Nordic wealth and asset management group headquartered in Helsinki, Finland, established in 1985. It serves private individuals, corporations and institutions with discretionary and advisory wealth management, mutual funds, alternative investment funds, and incentive plan design and administration. The private banking service targets clients with investable assets above EUR 300,000, while a digital discretionary asset management service is available from an investment of EUR 10,000 and fund saving can begin at EUR 50 per month.

The fund range covers equity, fixed income, asset allocation (multi-asset) and real estate mutual funds, alongside alternative funds spanning private equity, real estate, forest, private debt and infrastructure strategies; alternative funds are marketed as suitable primarily for professional investors and, product-by-product, certain non-professional investors. Clients monitor holdings through the My Evli online service. Evli Fund Management Company Ltd is a wholly owned subsidiary of Evli Plc. Evli Growth Partners, part of the Evli group, operates a venture capital business investing in Series A and Series B companies in the Nordics and Baltics, targeting a EUR 300 million funding program with typical initial investments of EUR 3-5 million and a plan of 8-10 investments from its first fund. Private markets activity also includes Evli Private Capital Fund I and the Evli Private Equity fund series, plus fund commitments to external managers such as Cinven and Change Ventures.

Evli states approximately 300 employees, EUR 22.6 billion in assets under management, and a position as the third-largest fund management company in Finland. The group is listed, with investor relations materials, stock exchange and press releases, annual and interim reports published on its site, and it reported a half-year financial report for January-June 2026.

Founding story

Evli was founded in 1985 by Henrik Andersin, Roger Kempe, Thomas Thesleff and Carl Ahlström, described as entrepreneurial and curious founders who built the business together with their clients. The company's stated founding intent was to create a lasting business guided by courage, expertise and long-term asset management.

Business model

Evli earns fees from managing client assets: discretionary and advisory wealth management mandates for private, corporate and institutional clients, management fees on mutual funds and alternative investment funds, and service fees from incentive program design, administration and related software. Its venture capital arm, Evli Growth Partners, operates as a fund manager investing third-party and group capital in growth companies.

Asset- and fund-based management fees from discretionary portfolio mandates, mutual funds and alternative funds, plus service revenue from incentive plan administration and software.

Traction

Approximately 300 employees, EUR 22.6 billion in assets under management, third-largest fund management company in Finland, and repeated award recognition including a tenth Kantar Prospera top ranking in Finland and 2026 Lipper Fund Award placements. Evli reported stable growth in its half-year financial report for January-June 2026.

Latest developments

In 2026 Evli was again ranked Finland's best institutional asset manager in Kantar Prospera's External Asset Management 2026 Finland survey and received 2026 Lipper Fund Award recognition, with Evli Short Corporate Bond placed first in Europe. The company published its half-year financial report for January-June 2026 in July 2026, announced strategy amendments to the Evli Equity Factor Europe and Evli Equity Factor USA funds in August 2026, released mutual funds' semi-annual review as of June 30, 2026, and launched new funds combining index-based diversification with active stock selection. Evli Private Equity IV is recorded as closed in February 2026.