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Finnfund's Overview

Total employees108
HeadquartersHelsinki
Founded1980

Finnfund (Teollisen yhteistyön rahasto Oy) is a Finnish development financier and impact investor. It builds a sustainable world by investing in responsible and profitable businesses in developing countries. Finnfund's investments focus on sectors crucial for sustainable development, such as renewable energy, sustainable forestry, sustainable agriculture, financial institutions, and digital infrastructure and solutions. As a state-owned company, Finnfund aims to generate positive development impacts, including economic growth, job creation, climate change mitigation, and gender equality, alongside a financial return. They provide long-term risk capital, including equity investments, mezzanine financing, and loans.

Where is Finnfund's Headquarters?

HQ Function

The headquarters serves as the central hub for Finnfund's global operations, including investment decision-making, portfolio management, impact assessment, risk management, and administrative functions.

Notable Features:

Modern office facilities designed to support collaboration and efficient workflows, located in a central business district. The specific architectural highlights are not widely publicized, but the office likely reflects Finnish design principles of functionality and sustainability.

Work Culture:

Finnfund fosters a professional and mission-driven work culture. Employees are typically experts in finance, development, and specific sectors, united by the goal of creating positive impact in developing countries. The environment encourages expertise, responsibility, and collaboration.

HQ Significance:

The Helsinki headquarters is significant as it's the primary base from which Finnfund manages its global investment portfolio and engages with its main shareholder, the State of Finland, and other Finnish and international stakeholders.

Values Reflected in HQ: The headquarters' operations and environment aim to reflect Finnfund's core values of impactfulness, responsibility, and profitability. Efficiency, transparency, and a focus on sustainable development are likely emphasized.

Location:

Finnfund primarily invests in developing countries across various regions, including Africa, Asia, Latin America, and Eastern Europe (though focus has shifted from some parts of Eastern Europe due to geopolitical reasons). Its global presence is characterized by its investment portfolio rather than a large network of physical offices. The functions supported globally include project financing, equity investments, mezzanine financing, technical assistance, and impact monitoring in sectors like renewable energy, sustainable forestry, agriculture, financial services, and digital solutions. Operations are managed from its Helsinki headquarters and supported by its regional office in Nairobi.

Street Address:

Urho Kekkosen katu 7 B, 6th floor

City:

Helsinki

State/Province:

Uusimaa

Country:

Finland

Finnfund's Global Presence

Nairobi, Kenya

Address: The Promenade, 3rd Floor, General Mathenge Drive, Westlands, Nairobi

To strengthen Finnfund's presence and investment activities in Sub-Saharan Africa, enabling closer proximity to portfolio companies and new investment opportunities, and fostering local partnerships.

Buying Intent Signals for Finnfund

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Finnfund

As of April 2025, Finnfund' leadership includes:

Jaakko Kangasniemi - CEO (until end of 2023), Managing Director
Petri Isotalo - Acting CEO (from Jan 2024), Deputy Managing Director, Head of Legal and Compliance
Helena Arlander - Associate Director, Head of Communications and Corporate Responsibility
Markus Pietikäinen - Chief Investment Officer
Olli Sinnemaa - Chief Financial Officer
Kaisa Alavuotunki - Director, Impact and Sustainability
Riikka Molander - Associate Director, Head of People and Culture

Investors of Finnfund

Finnfund has been backed by several prominent investors over the years, including:

State of Finland (Majority Shareholder)
Finnish Fund for Industrial Cooperation Ltd.
Confederation of Finnish Industries EK
Private capital market institutions (for funding through bond issuances etc.)

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

In the last 12 months, a significant transition occurred with the announcement of the CEO's departure and the appointment of an acting CEO. Other team compositions may have had internal promotions or standard rotations not widely publicized as major external hires/exits.

Departures

Jaakko Kangasniemi, Jaakko Kangasniemi stepped down as CEO of Finnfund after serving since 2002.

New Appointments:

Petri Isotalo, Petri Isotalo appointed as Acting CEO. He was previously Deputy Managing Director, Head of Legal and Compliance.

Technology (Tech Stack) used by Finnfund

Discover the tools Finnfund uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Finnfund Email Formats and Examples

Finnfund primarily uses the firstname.lastname@finnfund.fi email format for its employees. This is a common professional email format in Finland and internationally.

firstname.lastname@finnfund.fi

Format

example.name@finnfund.fi

Example

90%

Success rate

News and media

Finnfund Website2024-02-29

Finnfund news title: Finnfund reports strong results for 2023: Profitable growth continued and positive impacts exceeded targets

Finnfund announced strong financial results for 2023, highlighting profitable growth and exceeding its positive impact targets. The year saw significant investments in sustainable development projects....more

Finnfund Website2024-05-16

Finnfund news title: Finnfund and Norfund invest in SGB Ghana to boost SME financing and financial inclusion

Finnfund, alongside Norfund, invested USD 11 million in Société Générale Ghana to support lending to small and medium-sized enterprises (SMEs) and enhance financial inclusion, particularly for women-led businesses....more

Finnfund Website2023-12-19

Finnfund news title: Finnfund invests in India’s leading e-mobility financier Mufin Green Finance

Finnfund committed USD 4 million to Mufin Green Finance to support the growth of electric vehicle financing in India, aiming to reduce CO2 emissions and promote green transportation....more

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