CapMan Infra raises €115m

The Helsinki based asset manager has announced a first close of its mid cap infra fund.

CapMan Infra has held a first close of its Nordic infrastructure fund, CapMan Nordic Infrastructure Fund I, at €115 million. The Fund is backed by pension funds, foundations, corporations and family offices including Ilmarinen Mutual Pension Insurance Company, Tradeka-invest Ltd and The Church Pension Fund.

The Fund invests 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.

The Fund expects to continue to receive supports from both local and international investors in future fundraising activities.