We Build Business Champions

Vaaka Partners supports its companies on multiple levels. As a trusted advisor we work with our companies and their management to secure future growth. Our Troika model provides ongoing support and sparring for CEOs. Our companies also benefit from project-based support e.g., related to add-on acquisitions or financing negotiations.

We offer also a wide array of business and leadership development resources, including our Corporate Governance model, our Champion Platform toolkit, and our management forums.

Long-game commitment

Our philosophy is based on long-term commitment, and we believe that knowledge, patience, and resilience make champions. Therefore, our companies invest in long-term market positions, in-depth industry evaluation, and product and service innovation.


The typical holding period for our companies is around five years, during which we work together to execute an effective growth strategy.

Funds

Vaaka Partners currently manages three private equity funds with capital commitments of EUR 625 million.

Private equity fund Investment strategy Capital under management Year established
Funds investing in new portfolio companies
Vaaka Partners Buyout Fund IV Buyout €250m 2021
Funds investing only in existing portfolio companies
Vaaka Partners Buyout Fund III Buyout €225m 2017
Vaaka Partners Buyout Fund II Buyout €150m 2012
Terminated funds
Vaaka Partners Buyout I * Buyout €75m 2008 - 2020
Ilmarisen Suomi-Rahasto I Co-investment €20m 2006 - 2020
Promotion Equity I ** Balanced (70 % buyout) €36m 2003 - 2015
Suomi Välirahoitusrahasto I * Mezzanine €31m 2007 - 2014
Promotion Capital I Venture capital €37m 1999 - 2012
Promotion Bridge I Bridge/Mezzanine €11m 2001 - 2011
Promotion Rahasto II Balanced (VC focus) €7m 1995 - 2007
Promotion Rahasto I Balanced (VC focus) €3m 1991 - 2002

* The fund consisted of six parallel funds.
** The fund consisted of five parallel funds.

In reporting on the funds to the investors, Vaaka Partners follows the fund agreements and the Investment Reporting Guidelines issued by Invest Europe. In the valuation of the portfolio companies, Vaaka Partners follows its Valuation Policy, which is based on International Private Equity Valuation (IPEV) Guidelines.

In limited circumstances, Vaaka funds may temporarily hold listed shares. As these are not long-term holdings and funds' investment strategy focuses on unlisted companies, shareholder engagement policy on listed companies has not been drafted. (Statement on Shareholder Engagement Policy).

Investors

The investors of the private equity funds managed by Vaaka Partners are leading domestic (65%) and international (35%) institutional investors. Fund of funds (39%) and pension insurance companies (36%) are the largest investor groups. Other investor groups include public sector entities (12%), foundations (5%), insurance companies (3%) and other companies (5%).

Vaaka Partners Buyout Fund IV

  • Fund of funds
    42 %
  • Pension funds
    33 %
  • Public sector
    6 %
  • Foundations and donations
    11 %
  • Insurance companies
    3 %
  • Other
    6 %
  • Finland
    69 %
  • Other Europe
    22 %
  • Rest of the world
    9 %

Vaaka Partners Buyout Fund III

  • Pension funds
    48 %
  • Fund of funds
    31 %
  • Public sector
    13 %
  • Insurance companies
    3 %
  • Other
    4 %
  • Finland
    77 %
  • Other Europe
    23 %

Vaaka partners buyout fund II

  • Fund of funds
    46 %
  • Pension funds
    24 %
  • Public sector
    20 %
  • Foundations and donations
    3 %
  • Banks
    3 %
  • Other
    4 %
  • Finland
    61 %
  • Other Europe
    39 %

Let's grow - get in touch

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