CapMan Infra held the first closing of its Nordic infrastructure fund with commitments of €115 million. A diverse investor base participated in the first close, including 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. Investor appetite for the fund has been strong from both existing and new CapMan investors, and it is expected that support from both local and international investors will continue in future closings.

CapMan Nordic Infrastructure I fund 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 Infra leverages its local Nordic presence, the team’s long experience in infrastructure investments and asset management, as well as its extensive local network in deal sourcing and value creation in its target companies.