About This Fund
CapMan Special Situations I is a closed-end €77 million credit and special situations fund, launched in 2021 by CapMan. It pursues event-driven investment opportunities in mid-market companies across Finland and Sweden. The fund plays an active, hands-on role in strategic and operational turnarounds, financial restructurings, and corporate carve-outs. Fund targets mid-sized, often distressed or underperforming companies, where its flexible capital—whether through control equity, minority equity with governance rights, or tailored debt—is employed alongside deep operational expertise. Typical investments range from €10 to €25 million per company, with CapMan’s seasoned operational advisors overseeing substantial value-creation plans. Key sectors include industrials, infrastructure, senior services, and business services. Its recent portfolio additions include residential care providers Nonna Group Oy and Aurahovi Oy (combined revenue ~€9 million in 2024), signaling strategic expansion into elderly care. With a clear Nordic focus, CapMan Special Situations I aims to rejuvenate viable companies and deliver strong returns for institutional investors.