CapMan continues its strategic execution towards EUR 10bn in AUM by launching Infrastructure debt operation.
CapMan just announced its second exit from its Infra I fund (2020).
CapMan's Q4 top-line figures and profitability came in above our expectations.
In Q4, CapMan performed in the areas that matter. The company raised around EUR 340m during the quarter in strategies which allowed a step u...
CapMan’s Q4 fee income of EUR 16.7m grew 25% y/y and was 10% ahead of our estimate of EUR 15.
Capman provided a solid Q4 with management fees taking significant step-up from Q3 and topping our estimates.
CapMan makes another exit from its Buyout funds as the company just announced exit of PDSVISION from Buyout XI fund.
We expect CapMan’s Q4 fee business to have developed steadily from Q3 with some seasonally increased costs.
Ahead of CapMan's Q4 2025 results on 12 February, we make estimate revisions to reflect completed and upcoming exits, the first close of Eur...
CapMan announced this morning the launch of fourth flagship fund in Natural Capital.
CapMan posted a strong set of Q3 2025 numbers, with profitability coming in above our expectation.
CapMan’s Q3 fee income of EUR 15.2m grew 19% y/y and was slightly ahead with our estimate of EUR 14.
Ahead of CapMan's Q3 2025 results on 6 November, we only make minor revisions to our adjusted EBIT estimates.
CapMan’s operative performance in Q2 on comparable basis was decent, although the operating profit fell below estimates due to fair value ch...
CapMan's Q2 2025 results were largely in line with our expectations, with fee income declining slightly against a strong comparison period a...
CapMan’s Q2 results were decent, but the operating profit fell below expectations largely due to lower than estimated fair value changes, at...
CapMan’s Q2 fee income of EUR 13.9m declined -7% y/y and was fairly in line with our estimate of EUR 13.
Ahead of CapMan's Q2 2025, we make slight revisions to our estimates, mainly reflecting the CAERUS Debt Investments acquisition which is exp...
CapMan has acquired the majority (51%) of German based real estate debt specialist CAERUS Debt Investments AG, and thus launching a new inve...
CapMan is a leader in the Nordic investment and asset management space with AuM of EUR 6.
CapMan posted a solid set of Q1 numbers, with fee income growing 8% y/y, roughly in line with our expectations.
CapMan’s fee income of EUR 13.0m grew 8% y/y and was fairly in line with our estimate of EUR 13.
Ahead of CapMan's Q1 2025 report due on 9 May, we revise our estimates to reflect expected fair value changes and AuM growth.
CapMan hosted its CMD event today in Helsinki. The company shared insights into its current state, as well as the vision for the future of C...
CapMan’s Q4 results were better than expected through good investment returns.
CapMan's Q4 was solid across the board, with both Management company business fee income and adjusted EBIT beating our estimates.
CapMan’s Q4 results came with a pleasant surprise through higher than anticipated investment returns and EBIT of EUR 5.
CapMan’s underlying performance in Q4 was solid and slightly above our estimates.
CapMan reports Q4 results on February 13th. Fundraising activities are of more interest, with financials for the quarter expected to be on t...
We maintain our estimates intact ahead of CapMan’s Q4 report, due on 13 February.
Operatively CapMan’s Q3 fell short of our expectations mainly due to negative fair value changes, while the Management Company business prof...
CapMan's Management company business turnover (excluding carried interest) grew 16% y/y in Q3, supported by Dasos Capital, but missed our es...
CapMan’s Q3 results were below our and consensus expectations.
CapMan reported Q3 adjusted EBIT of EUR 2.0m, 23% below LSEG Data & Analytics consensus, most of which can be explained by reclassification ...
Ahead of CapMan's Q3 report due on 7 November, we revise our estimates to reflect the divestment of the CapMan Procurement Services (CaPS)bu...
CapMan announced the divestment of CaPS for EUR 75m.
CapMan announced today that it has signed an agreement to sell its ownership of CapMan Procurement Services (CaPS) together with CaPS’ minor...
Q2 saw the Management Company business performing well, while investment returns were lacking.
CapMan's Q2 adjusted EBIT was good on an underlying basis, with the Management company result in line with our estimates when excluding carr...
CapMan's turnover in Q2 amounted to EUR 18.3m, above our estimates and consensus (EUR 16.
CapMan reported Q2 Adj. EBIT of 5.8m, 4% below LSEG Data & Analytics consensus at EUR 6.
We keep our estimates intact ahead of CapMan’s Q2 report due on 8 August.
CapMan’s Q1 clearly beat our estimates driven by carried interest and positive fair value changes, but the highlight was still the successfu...
CapMan's Q1 came in significantly above LSEG Data & Analytics consensus expectations, mostly explained by carried interest and positive fair...
CapMan's turnover in Q1 amounted to EUR 18.4m, above our estimates and consensus (EUR 14.
CapMan reported Q1 EBIT of 8.6m, clearly above LSEG Data & Analytics consensus at EUR 3.
CapMan announced final close of Infra II fund at EUR 375m, up from EUR 272m at the end of Q4 2023.
Ahead of CapMan's Q1 report on 3 May, our SOTP-based fair value range of EUR 2.
CapMan’s Q4 results were below expectations, with revenue of EUR 14.
CapMan's Q4 fell short of LSEG Data & Analytics consensus expectations, partly explained by adjustments to the top line and EBIT.
CapMan's net sales in Q4 amounted to EUR 14.1m, below our estimates and below consensus (EUR 15.
CapMan reported Q4 EBIT of -4.8m, clearly below Refinitiv consensus at EUR 6m.
After market close on 21 December, CapMan announced acquisition of Dasos Capital, an asset management company focusing on sustainable timber...
CapMan’s Q3 was below estimates mainly due to carry and FV changes.
CapMan's Q3 fell short of Refinitiv consensus expectations, we believe partly owing to lower carry bookings.
CapMan's net sales in Q3 amounted to EUR 13.7m, below our estimates and below consensus (EUR 17.
CapMan reported Q3 EBIT of EUR 4.8m, clearly below Refinitiv consensus at EUR 7m.
CapMan’s Q2 fell below our expectations and the near-term development outlook remains sluggish.
CapMan's Q2 2023 EBIT fell short of Refinitiv consensus expectations, partly explained by fair value changes and carry.
CapMan's net sales in Q2 amounted to EUR 16.5m, below our estimates and below consensus (EUR 18.
CapMan reported Q2 EBIT of 4.2m, clearly below Refinitiv consensus at EUR 10.
Ahead of CapMan's Q2 report, due on 3 August, our SOTP-based fair value range of EUR 2.
CapMan’s Q1 results were quite weak on paper, but the operational performance remained at a rather good level.
CapMan's Q1 EBIT came in well below Refinitiv consensus expectations due to fair value changes, driven by FX, and the lack of carried intere...
CapMan's net sales in Q1 amounted to EUR 15.1m, below our estimates and below consensus (EUR 16.
CapMan reported Q1 EBIT of 0.5m, clearly below Refinitiv consensus.
We maintain our estimates intact ahead of CapMan’s Q1 report due on 28 April.
CapMan’s operative performance in Q4 was quite decent with the big surprise being the divestment of JAY Solutions.
CapMan reported Q4 adjusted EBIT of EUR 10.1m, in line with Refinitiv consensus.
CapMan reported Q4 EBIT of 7.5m, 26% below Refinitiv consensus.
