Folmer Management Holds First Close of Second Private Equity Fund, at €62M

folmerFolmer Management Oy, a Helsinki, Finland-based private equity furm investing in Finnish SMEs, held the first closing of its second fund, at €62m.

Folmer Equity Fund II Ky, which will continue the investment strategy of Folmer Equity Fund I Ky, has a final target of €75m.

Supported by the European Investment Fund Tesi, KRR II, Ilmarinen, Tradeka-invest, OP Insurance, ELO, OP Bank Group Pension Fund, OP Life Assurance Company and Folmer Management, Folmer Equity Fund II makes majority investments in Finnish SMEs with revenue in the range of €2-50m and enterprise value of €3-15m.

Led by Sami Tuominen, CEO and Partner, and Johanna Marin, Private Equity Investment Director and Partner, Folmer Management has invested in Canorama, Galvatek, Blueimport, Umacon and Jatkopolut.



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