History and background

Vaaka Partners was founded as OKO Venture Capital in 1989. The company’s investment activities have evolved from generalist minority investing to focused buyout investing. In addition, the size of the funds has grown 25-fold from the first fund established in 1991. The company renamed itself as Pohjola Capital Partners in 2008 due to company’s focus on buyouts and the parent company’s name change.


The company became Vaaka Partners in 2010 after a transaction where the management of the company acquired all the remaining shares from the former majority owner Pohjola Bank. The investment activities of the company continued unchanged.


Vaaka Partners is wholly owned by its management. The board of the company consists of partner representation and independent members. The independent chairman of the board is Veli Sundbäck, and Juhani Bonsdorff and Marianne Saarikko Janson are independent members of the board. Juha Peltola is the Managing Director.


Our values


We operate responsibly and with high integrity


We have a passionate and an entrepreneurial drive


We follow the highest professional standards



The name Vaaka Partners represents the symbolism of Kalevala’s Vaaka-bird, and in addition stability and balance (Vaaka means scales in English). The Kalevala is the national epic of Finland based on Finnish and Karelian oral folklore and mythology. In the nineteenth poem of Kalevala the blacksmith Seppo Ilmarinen, known to have divine qualities, has to perform near impossible tasks to get his bride. Among things such as ploughing a field of snakes, Seppo has to capture a huge fish from the river of the Underworld without any fishnet or equivalent trap. The bride suggests Seppo as a renowned blacksmith to forge a Vaaka-bird resembling a griffin. Seppo forges a gigantic Vaaka-bird with claws as big as five scythes and mouth as large as six river rapids. He then flies on the back of the bird and after a fight manages to capture the fish, which has teeth the size of a rake. The mother of the bride does not require more tasks and promises Seppo her daughter.