Capman IX holds first close

Nordic buyouts house CapMan has held a first closing on its ninth fund, CapMan Buyout IX, on €203m.

Headquartered in Helsinki, CapMan has interests in buyouts, technology, science, Russia, public markets and real estate.

So far 11 institutional investors from the Nordic countries have made commitments to the latest fund. CapMan’s own commitment is €13m. Fundraising began in September 2008.