CapMan has acquired the majority (51%) of German based real estate debt specialist CAERUS Debt Investments AG, and thus launching a new investment area “Real Asset Debt”, which acts as support for the company’s real asset driven strategy. Currently CAERUS...

CapMan is a leader in the Nordic investment and asset management space with AuM of EUR 6.4bn. The company has ambitions to increase its focus on real-asset strategies, which include real estate, natural capital and infrastructure investments (combined...

CapMan posted a solid set of Q1 numbers, with fee income growing 8% y/y, roughly in line with our expectations. Fee profit and group adjusted EBIT both beat our expectations due to a lower cost base, but were also boosted by positive fair value changes...

CapMan’s fee income of EUR 13.0m grew 8% y/y and was fairly in line with our estimate of EUR 13.2m. Fee profit of EUR 1.5m came above our estimate of EUR 0.7m due to lower other operating expenses level. Group level adjusted EBIT of EUR 7.2m came significantly...

Ahead of CapMan's Q1 2025 report due on 9 May, we revise our estimates to reflect expected fair value changes and AuM growth. We believe CapMan's balance sheet investments will be negatively affected by recent market turbulence, which will especially...