References/26 Mar 2026

Borenius advised ICECAPITAL as it raised its seventh residential real estate fund

We advised ICECAPITAL as it established ICECAPITAL Housing Fund VII, the seventh of its kind, continuing ICECAPITAL’s real estate fund program spanning over several decades. Investors include mutual pension insurance companies, pension funds, endowments, and other institutional investors.

The fund will invest in building new apartment buildings and generating housing supply.

ICECAPITAL Asset Management is a licensed alternative investment fund manager and a part of the ICECAPITAL Group. Since 2006, ICECAPITAL has established fourteen closed-end private equity, private debt and real estate funds with a total investment capacity exceeding EUR 3 billion.

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Service areas

Team

Paulus Hidén

Partner

Helsinki

Vilma Lybeck

Associate

Helsinki

Henna Jovio

Counsel

Helsinki