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Pensions giant and state-backed investor anchor new Finnish growth fund

Mandatum Asset Management’s new private equity growth fund held its first close at the end of 2022.
Mandatum Asset Management’s CEO Lauri Vaittinen. | Photo: Mandatum PR.
Mandatum Asset Management’s CEO Lauri Vaittinen. | Photo: Mandatum PR.
by REETA ILONA PAAKKINEN

Finnish pension giant Varma, state-backed Finnish Industry Investment (Tesi) and Mandatum Life Insurance have jointly acted as anchor investors of a new growth fund by Mandatum Asset Management (MAM).

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