EVLI PLC PRESS RELEASE, JUNE 18, 2025 AT 8:13 AM (EET/EEST)

Evli Pioneers Co-Investment Fund in Finland, Unlocking Access to World-Class Private Equity

Evli Private Equity Co-Investment I fund makes direct minority investments in unlisted companies across Europe and the United States, in partnership with leading international private equity firms. This marks the first time a Finnish asset management firm has launched a co-investment fund with a dedicated in-house team.

Co-investments have gained significant traction among large institutional investors globally. This trend is fueled by greater control, reduced costs, and the ability to invest precisely in handpicked companies. Evli’s new co-investment fund is designed to meet this increasing demand.

“Co-investments have gained global popularity and for good reason. This asset class has historically delivered strong returns and offers access to investment opportunities that were previously difficult to reach,” says Ilja Ripatti, Investment Director at Evli. ”We are proud to be the first Finnish asset management firm to offer this attractive investment opportunity.”

Unlike traditional private equity funds, co-investments typically avoid standard fund level fees, resulting in lower overall costs. These cost savings can translate into enhanced return potential for investors while maintaining a carefully selected level of risk. Co-investments also play a strategic role in fostering long-term investor relationships. Private equity firms are increasingly leveraging them to strengthen partnerships with their fund investors.

The new fund invests in mature, profitable, and growing companies across the technology, healthcare, financial services, and industrial sectors.

“A crucial factor in selecting investment opportunities is the alignment and fit between the deal and the private equity manager leading it. The manager should have experience in the sector and ideally a unique angle to the investment. Evli’s strong international network, close relationships with top-tier global fund managers, and the expertise of our dedicated team have provided a solid foundation for developing high-quality co-investment opportunities,” Ripatti adds.

The vast size of the private market underscores the significance of co-investing: only around 13% of U.S. companies with revenues exceeding $100 million are publicly listed. Co-investments provide an efficient way for a broader range of investors to access this otherwise hard-to-reach segment of the market. Co-investments have become increasingly popular also among institutional investors such as pension funds. In fact, co-investments now represent a significant 20–50 percent of many pension funds’ private equity allocations.

“Finnish pension funds have also recognized the significant potential of co-investments. In recent years, co-investments have grown considerably within their portfolios, and this trend is well justified. They allow for targeted investments in carefully selected companies, enhance return expectations by avoiding fund management fees, and offer greater control over investment choices. Co-investments offer attractive long-term return potential with a favourable risk profile, making them a particularly interesting asset class,” says Ripatti.

EVLI PLC

Additional information:

Ilja Ripatti, Investment Director, Evli Fund Management Company Ltd

ilja.ripatti@evli.com, +358 50 327 7327

About Evli

Evli is a Nordic asset manager that helps individuals, companies, and institutions build a more prosperous tomorrow. With 40 years of experience, we offer award-winning and result-driven wealth management, along with a broad range of investment solutions. Evli employs 300 professionals and manages EUR 19.0 billion in client assets (net as of 3/2025). Evli’s B shares are listed on Nasdaq Helsinki.

For more information at www.evli.com.

Distribution: Nasdaq Helsinki, main media, www.evli.com