Asset Management

ICECAPITAL Asset Management serves the most demanding Finnish and Nordic professional investors.

Our clients are at the core of our operations, and our objective is clear: to build only the highest-quality investment strategies and to act as a long-term partner valued by investors across market cycles.

Our investment strategies are broadly focused on various asset classes and are based on long-standing expertise in our areas of strength.

~ 0 €bn

Investment capacity

2025

Active operations since

# 1

SFR Category Award: Longterm Return
SFR Category Award: Teams Expertise
SFR Platinum Award: Real Estate

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Strategies

Private Debt

The ICECAPITAL Asset Management team is a leading Private Debt asset manager in Finland.

The team has been investing in the Private Debt asset class since 2011, with investments made in over 100 funds, and total committed capital exceeding EUR 3 billion.

We offer our professional investor clients a next-generation comprehensive solution for Private Debt.

Private Equity

ICECAPITAL Asset Management provides its clients a selection of the best and most effective private equity solutions available on the market.

Our product offering highlights the broad expertise and deep understanding of the various areas of private equity within the ICECAPITAL Group.

Through its different business areas, the organization has a unique vantage point into the international private equity markets.

Real Estate

ICECAPITAL Asset Management is a pioneer in professional real estate investment.

In addition to our leading residential real estate fund program in Finland, we focus broadly on various real estate asset classes and, as a flexible operator, take advantage of opportunistic opportunities presented by different market situations.

We have established 11 closed-end real estate funds with a total investment capacity of approximately EUR 2.8 billion.

ICECAPITAL Housing Fund VI

ICECAPITAL Housing Fund VI Ky was established in 2020 and has an investment capacity of EUR 480 million. The fund invests its assets in non-subsidized residential properties, primarily located in the Helsinki metropolitan area.

The fund is classified as an Article 8 product under the Sustainable Finance Disclosure Regulation (SFDR, EU 2019/2088). The fund promotes environmental and social characteristics, but its objective is not to make sustainable investments.

Established 2020
Investmet capacity 480 M€
Equity 145 M€

ICECAPITAL Residential Property Fund II

In 2019, ICECAPITAL established its second real estate fund investing in completed properties.
The fund is classified as an Article 6 product under the Sustainable Finance Disclosure Regulation (SFDR, EU 2019/2088). The investments included in this financial product do not take into account the EU criteria for environmentally sustainable economic activities. The fund’s investment capacity is EUR 165 million.

The fund has invested its assets in individual residential properties.

Established: 2019
Investment capacity: 165 M€
Equity: 94 M€

ICECAPITAL Housing Fund V

ICECAPITAL Housing Fund V Ky was established in 2019 and has an investment capacity of EUR 460 million. The fund invests its assets in non-subsidized residential properties, primarily located in the Helsinki metropolitan area.

Founded 2019
Investment Capacity 460 M€
Equity 140 M€

ICECAPITAL Residential Property Fund I

In 2014, ICECAPITAL established its first real estate fund, which acquired a ready-made portfolio of 14 investment properties.
The fund has an investment capacity of EUR 115 million. It has invested its assets in non-subsidized residential properties that are either less than 10 years old or renovated, located in the Helsinki metropolitan area as well as in the Tampere, Oulu, Jyväskylä, and Turku regions.