CapMan Infra held the first closing of its Nordic infrastructure fund with commitments of €115 million.
CapMan, a Helsinki, Finland-based investment and asset management company, announced that its fund, CapMan Infra, held the first closing with commitments of €115M ($131M)
The list of investors who participated in the first close includes pension funds, foundations, corporations and family offices. In addition to CapMan, Ilmarinen Mutual Pension Insurance Company, Tradeka-invest Ltd and The Church Pension Fund are amongst the largest investors in this close.
CapMan Nordic Infrastructure I fund, led by managing director Ville Poukka, invests predominantly in small to mid-cap core / core+ brownfield infrastructure assets in the energy, transportation and telecommunications sectors across the Nordic countries, through either majority or minority equity investments.
CapMan, managed by CEO Joakim Frimodig, has a commitment to the fund of €30 million.