CapMan Growth closes its second fund at €97 million
CapMan Growth closes its second €97 million fund which exceeded its original target size. With the new growth fund there is almost €100 million to invest in Nordic growth companies.
The fund makes minority investments into growth stage companies with ambitious growth and expansion goals and a turnover of €5–100 million. Investments range in size from €3 million to €20 million. The fund is backed by Finnish institutional investors as well as some of the most successful local entrepreneurs.
“Our growth investment strategy has attracted a lot of interest among growth companies as many entrepreneurs seek for minority investments to support growth so that they still maintain the decision-making power in the company. In addition, many investors have found the investment strategy an interesting alternative to more traditional investments, and the investor demand for the fund has exceeded our expectations”, says Antti Kummu, partner at CapMan Growth.