CapMan rebrands as Scala

The Scala team comprises seven professionals across offices in Helsinki, Stockholm and London.

CapMan, a Helsinki-based alternative asset manager, has renamed its fund advisory business as Scala Fund Advisory, Secondaries Investor reports.

The advisory unit, previously known as CapMan Fund Advisory, has raised over €3 billion across various strategies and offers private equity portfolio and secondaries fund market analysis to institutional investors, according to a statement.

It is currently investing its CapMan Russia Fund II that closed in 2013 on €99 million, below its €175 million target, according to PEI Research & Analytics.

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