CapMan
Private equityHelsinki · Series A–Late Stage · 4 people tracked
Also known as CAPMAN AB · CAPMAN CAPITAL MANAGEMENT LTD · CAPMAN INFRA MANAGEMENT OY · CAPMAN REAL ESTATE LTD · CMRF ADVISORS OY
Investment thesis
CapMan positions itself as a Nordic private markets pioneer, investing across real estate, infrastructure, natural capital, real asset debt and unlisted Nordic companies. It emphasizes active ownership and deep industrial expertise to develop leading Nordic businesses and resilient real assets. The firm combines local market knowledge with a hands-on approach to drive long-term value creation, strategic growth and sustainability. Sustainability is embedded across investment activities, with a focus on measurable outcomes, responsible governance and support for thriving communities and healthy environments. CapMan also offers holistic wealth management services spanning global public and private markets, aiming to build value for the enrichment of society.
Source: firm website, verified Aug 11, 2026.
Team · 4 people
from public directoriesInvestments · 16 tracked
founders shown can be your intro pathFund performance · per public LP disclosures · 2
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| CAPMAN NORDIC RE III FCP RAIFLPs: Los Angeles County Employees Retirement Association | 2021 | — | -1.3% | 0.97x | 0.02x |
| CapMan Nordic Real Estate Fund IILPs: Los Angeles County Employees Retirement Association | 2017 | — | 7.6% | 1.32x | 0.70x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does CapMan invest at?
- CapMan invests at the Series A, Series B, Series C, Growth, Late Stage stages.
- What is CapMan's typical check size?
- CapMan typically writes checks of $2.2M – $64.8M.
- What sectors does CapMan focus on?
- CapMan focuses on Advanced Manufacturing, Biotech, Cleantech, Climate Tech, Data & Infrastructure, Energy, Enterprise Software, Hardware, Healthtech, Impact & Social Good, Medical Devices, Mobility & Transportation, New Materials, PropTech, SaaS, Semiconductors.
- Where is CapMan located?
- CapMan is headquartered in Helsinki, FI.
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