Finnfund

Finnfund is a development financier and impact investor based in Helsinki, Finland, that provides long-term risk capital to businesses addressing global development challenges in emerging markets. The organization manages approximately €1.3 billion in total investments and commitments across developing countries, supported by €881 million in total assets and an annual revenue of $15.8 million. Operating with a team of roughly 100 employees, the firm allocates €200 million to €250 million annually across 20 to 30 companies, focusing heavily on digital infrastructure, clean energy, sustainable forestry, and agriculture. The entity is primarily backed by the State of Finland and Finnvera as key shareholders, with its strategic direction guided by Chief Executive Officer Jaakko Kangasniemi, Chief Investment Officer Hanna Loikkanen, and specialist Ilona Lundström. Finnfund was established in 1980 by the Finnish government as a state-owned enterprise.