CapMan Plc press release
5 May 2025 at 10:00 am EEST

Jyri Hietala appointed as Managing Partner at CapMan Natural Capital and member of CapMan's Management Group

CapMan has appointed Jyri Hietala as Managing Partner for CapMan Natural Capital. Jyri will together with newly appointed Co-Managing Partner Tapani Pahkasalo take leadership of the Natural Capital investment area, which plays a key role for CapMan Plc in achieving its growth ambitions. This appointment is part of a planned transition as current Managing Partner Olli Haltia steps into a Senior Advisor role. Jyri will start in his position at the latest in October 2025.

Jyri joins CapMan with a strong track record from nearly a decade in forest investments. Once he starts his new position, he also becomes a member of CapMan Plc's Management Group. As a part of the succession plan Olli Haltia, will continue as Senior Advisor, remaining committed to previous investment agreements. Olli has done a tremendous job over the past 20 years in building Dasos Capital, these days CapMan Natural Capital, into one of the largest forest investment managers globally.

Tapani Pahkasalo has been appointed as Co-Managing Partner for CapMan Natural Capital, already earlier this year. Tapani, with his many years of experience at Dasos Capital, and Jyri, will together take the lead of the team. The new leadership provides an optimal setup to continue grow the Natural Capital investment area. The Natural Capital team has earlier this year, initiated fundraising for its next flagship fund.

"With Jyri joining we're well on our way to build the strongest natural capital team in Europe, combining strong professionalism and team members who complement each other. This is an investment in a team and strategy for which we see growing demand and that plays an important part in CapMan Plc reaching its growth ambitions. I also want to take this opportunity to thank Olli Haltia for the trust to form this partnership with CapMan Group through which Dasos Capital has integrated into CapMan Natural Capital", shares Pia Kåll, CEO at CapMan.

"I am extremely happy to see Jyri take the lead at CapMan Natural Capital. His extensive experience, connections in the industry and strong team leadership skills place him in a great position for success in his new role", shares Olli Haltia, Managing Partner at CapMan Natural Capital.

"I'm honoured to join CapMan Natural Capital as the Managing Partner and to become part of CapMan's Management Group at such a pivotal moment for both the company and the natural capital sector. CapMan's strong platform, long-term vision, and commitment to sustainability create a unique opportunity to drive meaningful impact. I look forward to working closely with Tapani Pahkasalo and the wider team to build on the legacy established by Olli Haltia, and to help elevate this increasingly strategic Natural Capital investment area into one of the key pillars of CapMan's future growth", shares Jyri Hietala.

CapMan Natural Capital manages sustainable forestry investments, natural sites and forest carbon sinks, as well as develops value in Europe and emerging markets. CapMan expanded into this growing field of forest- and natural capital investing with the acquisition of Dasos Capital in 2024. With a team of skilled professionals combining financial expertise and hands-on forestry know-how, CapMan Natural Capital drives effective and sustainable operations, working actively to create value, not only for investors but also for the climate and for increased biodiversity.

For more information, please contact:

Pia Kåll, CEO, CapMan, +358 40 766 4446

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and €6.1 billion in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001. www.capman.com