We advised CapMan Growth on the formation of their second growth fund. The fund has raised EUR 74 million at its first closing and has the target size of EUR 85 million.
The fund continues the strategy of its predecessor fund, making significant (up to EUR 20 million) minority investments in growth stage companies. The fund is backed by Finnish institutional investors and some local entrepreneurs.
The fund already announced its first investment, an investment in a Finnish sound processing company.