Capman: Supportive exit pipeline for 2022-23 - Nordea

CapMan will release its Q2 report on 4 August. In June, the company announced its exit from Picosun, which takes its Growth 2017 fund into carried interest. In addition, we expect more exit news related to Nordic Real Estate funds, which should secure strong carry flow in 2022-23 in combination with the Growth fund.

However, market turmoil creates some uncertainty over its fair value changes and exit timeline. With the help of three new products in the pipeline for 2022, we expect AuM of EUR 5bn at the end of 2022. We derive a fair value range of EUR 3.1-3.6 (3.0-3.6) per CapMan share. Marketing material commissioned by CapMan Oyj.

Länk till analysen i sin helhet: https://research.nordea.com/api/reportfileapi?id=786978