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CaPS and CapMan networks raised EUR 215,000 to prevent marginalisation of children and youth


CapMan press release
18 December 2023 at 11:00 AM EET

CaPS and CapMan networks raised EUR 215,000 to prevent marginalisation of children and youth

A Holiday fundraise with an adjacent charity seminar made possible by CaPS and CapMan networks has raised EUR 215,000, which is donated for work to prevent the marginalisation of youth and children. We have raised approx. EUR 1.4 million for the Tukikummit foundation since 2014 and the contributions have reached more than 15,000 children and youth in Finland. A warm thank you to all CaPS and CapMan network companies that have contributed to the fundraise and seminar.

CaPS and CapMan for Good foundation organised a seminar on 15th December to raise funds for the prevention of marginalisation of children and youth. The proceeds of the seminar, organised for the sixth time, are donated to the Tukikummit foundation.

Speakers at the seminar included Sauli Niinistö, the President of the Republic of Finland and Honorary Chair of the Tukikummit Foundation; Sari Baldauf, Nokia’s Chairman of the Board, and Björn Wahlroos, Doctor of Economics. In addition to this Meri Larivaara, Doctor of Medical Science and cultural anthropologist together with Silja-Elisa Laitonen, author and former senior police officer, joined in on a panel discussion where they shared their perspectives on the situation of children and youth today. Larivaara has a long career working with the wellbeing of youth and children while Laitonen was able to share her personal experiences regarding the importance of receiving aid.

”As costs of living rise, the role of foundations, such as the Tukikummit foundation, are accentuated. Without support, many families need to compromise on their children’s hobby opportunities or give them up altogether. This increases the risk of marginalisation for a young person looking for direction. However, the desire to help is strong, and we are very grateful that so many companies and individuals in the CaPS and CapMan network want to participate and enable this support to continue”, shares Joakim Frimodig Chairman of the Board at CapMan and Chairman of the Board of the CapMan for Good foundation.

”This is the eight consecutive year that we organise this holiday fundraise. Every time I am equally grateful that so many companies and individuals join us in supporting the work of Tukikummit foundation. Through the charitable donations raised we will positively influence the life of many young people, and in the long run are able to contribute to building a more equal and vital society”, says Maximilian Marschan, Managing Partner at CaPS, and Board Member at Tukikummit foundation.

The Tukikummit foundation wants to ensure that as many children as possible living in Finland, regardless of the family’s situation, can take part in hobbies. The foundation works to ensure that no-one is left on the outside and alone. By distributing aid to support hobby and study costs, shared experiences for families, travel costs, as well as single parent families, the foundation supports children and young people that are at risk of becoming marginalised due to the economic situation in their families. CaPS has together with its networks raised a total of approx. EUR 1.4 million for Tukikummit since 2014. The contributions have reached more than 15,000 Finnish children and youth.

For more information, please contact:

Maximilian Marschan, Managing Partner at CaPS, and Board Member at Tukikummit foundation,

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation. As one of the private equity pioneers in the Nordics we have built value in unlisted businesses, real estate, and infrastructure for over three decades. With approx. 5 billion in assets under management, our objective is to provide attractive returns and innovative solutions to investors. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover minority and majority investments in portfolio companies and real estate, and infrastructure assets. We also provide wealth management solutions. Our service business includes procurement and analysis, reporting and back office services. Altogether, CapMan employs approximately 180 professionals in Helsinki, Stockholm, Copenhagen, Oslo, London, Luxembourg and Jyväskylä. We are listed on Nasdaq Helsinki since 2001. Learn more at

About Tukikummit foundation

The Tukikummit Foundation was born in 2007 from the common concern of Sauli Niinistö, Sari Baldauf, Björn Wahlroos and Hjallis Harkimo for young people at risk of marginalisation. The foundation donates funds to children and youth in need of support for hobby activities and school attendance. CapMan Plc has focused its charitable donations to Tukikummit for already eight years’ time. In 2023 it took an even stronger role in the foundation by starting to fund its operational activities with the target of significantly growing the amount of donations collected and those receiving support.

Thank you to all participating companies:

3 Step IT Oy


Aro Systems Oy

Asappi Oy

Asianajotoimisto DLA Piper Finland Oy

Avance Attorneys Ltd

Aventum Partners Oy

Azets Insight Oy


Bildy Oy

Bilia Oy Ab

Bird & Bird Asianajotoimisto Oy

Borenius Asianajotoimisto Oy

Broofing Yhtiöt

CapMan Oyj


CapMan Wealth Services Oy

Cloud2 Oy

Coolbrook Oy

Cushman & Wakefield / REnium Advisors Oy

CWT Finland Oy

Cyient Oy Ab

DEN Group Oy

Dimex Oy

Dittmar & Indrenius Attorneys Ltd


Drivalia Lease Finland Oy

DSV Road Oy

DUAL Finland Oy

Elisa Oyj

Entelios Oy

Ernst & Young

Fennoa Oy

Flowplus Oy

Forenom Oy

Fortaco Group Oy

Fortum Oyj

Gigantti Oy Ab

Granlund Oy

Grano Oy

Grenkeleasing Oy

G-Works Oy

H & S Finland Oy

Hannes Snellman Asianajotoimisto Oy

Harvia Finland Oy

Havator Oy

Heiwes Oy

HopLop Oy

Howden Finland Oy

If Vahinkovakuutus Oyj

Insplan Oy

Intera Partners Oy

Interrent Oy

Jatke Oy

Kamux Suomi Oy

Koiviston Auto Group Oy


KPY Novapolis Oy

LeaseGreen Oy

L-Fashion Group Oy

Loviisan Lämpö Oy

Mehiläinen Oy

Mercamer Oy

Mesvac Oy

MT Mediateko Oy

Napier AS

Netox Oy

Neural Dsp Technologies Oy

Newsec Property Asset Management Finland Oy

Nobia Finland Oy

NoHo Partners Oyj

Nydalen Energi AS

Olo Collection Oy

Onitio Finland Oy

Osuuskunta KPY

Oy MU-Consultants Ab

PeiliPinta Consulting Oy

Polygon Finland Oy

PricewaterhouseCoopers Oy

Printcom Center Oy

Renoa Group Oy

Retta Group Oy

RTK-Palvelu Oy

RTV-Yhtymä Oy

Securitas Oy

Serverius B.V.

Silmäasema Sairaala Oy

Skarta Energy Oy

SOL Palvelut Oy

Stanton Chase Oy

Stephen Industries Inc Oy

Suomen Terveystalo Oy

Tools Finland Oy

Toshiba TEC Nordic AB

Trailmaker Oy

Valokuitunen Oy

Walki Oy

Wendre Finland Oy

Wiidare Oy