Finland · 
What does CapMan invest in?
CapMan invests most often at Venture and Series B (89% of the rounds on record), in sectors such as Real_estate, Infrastructure and Natural_capital.
CapMan highlights
- 01
10 rounds on record
- 02
Mostly Venture and Series B: 89% of its rounds
- 03
Sole investor in 4 rounds, median $4.8M
- 04
4 exits from the portfolio
What they do
We invest in and develop leading Nordic companies through active ownership and deep industrial expertise.From their own website
- Type
- Private equity (from a list, unverified)
- Cheque size
- Not stated
- Stages
- SeedSeries ASeries B
- Sectors
- Real_estateInfrastructureNatural_capital
- Based in
- Helsinki, Finland
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first10 appearances
- 2011
1 round
- Oct
- 2008
1 round
- Jul
- 2007
1 round
- Sept
- 2006
4 rounds
- Dec
- Dec
- Apr
- Feb
- 2005
2 rounds
- Sept
- Jan
- 2004
1 round
- Apr
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration23 named
AJAtte Johannes RissanenDirector of Cmrf Advisors OyiForm ADV
BSBerenice Sophie KunnariDirector of Cm III Feeder GPiForm ADV
CNCapMan Nordic Real Estate Manager S.A.CapMan Nordic Real Estate Manager S.A. is the management companyiFiling they signed
CPCapMan PlcCapMan Plc is also the owner of the management company of the Fund.iFiling they signed
CJCarl Johan Kristian PalssonDirector of Capman AbiForm ADV
CBChafai BaihatDirector of Capman Residential Manager S.a.iForm ADV
EDEdward Donat WilliamsDirector of Cmrf Advisors OyiForm ADV
HMHeidi Maria SulinDirector of Capman Capital Management LtdiForm ADV
JAJames Arthur DoltonDirector of Capman (Guernsey) Buyout Viii GP LtdiForm ADV
JSJuha SalokoskiDirector of the General Partner of CMRF FeederiFiling they signed
JPJussi Pellervo ParonenDirector of Capman Capital Management OyiForm ADV
MTMichael TrumpDirector of Capman (Guernsey) LtdiForm ADV
MBMichele BasilicoDirector of the General Partner of CMRF FeederiFiling they signed
MMMika Markus MatikainenCEO of Capman Real Estate OyiForm ADV
NVNicolai von den BenkenDir of Mgt Co of CAPMAN RESIDENTIAL FUND FCP-RAIF (CMRF Master). Dir of GP of CMRF FEEDER SCA SICAV-RAIF (CMRF Feeder)iFiling they signed
OLOlli LiitolaLiitola is a director of CapMan Nordic Real Estate Manager S.A.iFiling they signed
PEPasi ErlinDirectoriFiling they signed
PDPaul-Arnaud de StexheDirector of the Management Company of CMRF MasteriFiling they signed
SBSerge BijnensBijnens is a director of CapMan Nordic Real Estate Manager S.A.iFiling they signed
SPSvetlana PanfilovaPanfilova is a director of CapMan Nordic Real Estate Manager S.A.iFiling they signed
TMTiina Maria HalmesmäkiDirector of Capman Capital Management LtdiForm ADV
TBTorsten BjerregaardDirector of Cmrf Advisors OyiForm ADV
VAVille Akseli PoukkaDirector of Capman Infra Management OyiForm ADV
We also hold 72 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$2.2Bgross assets of its funds, 3 advisers combinedOct 2026
Exemptreporting adviserventure or small private funds
- Legal name
- CMRF Advisors OY
- SEC number
- CRD 162127
What they claim to have backed
From their own portfolio page (on their website)
0 of 1 we have independently watched raise
Whistleblower
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed4 in all
AscadeBought by CSG International$19MJul 2012
On2 TechnologiesBought by Google$130MFeb 2010
Solid Information TechnologyBought by IBM (International Business Machines)UndisclosedDec 2007
42NetworksBought by PacketFrontUndisclosedDec 2006
An exit counts when it came after the firm's first round in the company. From historical deal records.
Companies it bought
Acquisitions by the firm itself
Metso DrivesUndisclosedMar 2005