Third close for CapMan Nordic Infrastructure I Fund

Nordic private asset manager CapMan has announced that it´s first infrastructure fund had reached the third close at the end of December 2019. The interim close was held at EUR 175 million (USD 196 million) and is expected to exceed EUR 300 million (USD 335 million) at the final close in the second quarter of 2020.

The fund made its first investments in 2019, building on the team’s experience from mandate deals — a Finnish electricity distribution and heating company, and a major onshore wind farm in Sweden — completed earlier.

The fund focuses on small to mid-cap core/core + brownfield infrastructure assets in the energy, transportation and telecommunications sectors and it invests in the Nordic countries.