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Eero Hautaniemi
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Eero Hautaniemi

Investment Associate

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At a glance

Full Name
Eero Hautaniemi
Title
Partner, CapMan Infra (formerly Investment Director)
Firm
CapMan Plc (CapMan Infra)
Firm Type
Listed Nordic private asset / infrastructure investment manager (not an angel investor)
Investment Stage
Infrastructure private equity — control/majority investments in established, operating businesses and assets (not seed/early-stage)
Check Size
Not publicly disclosed; deployed through the CapMan Nordic Infrastructure funds (e.g., CapMan Nordic Infrastructure II)
Target Company Profile
Cash-generative, asset-backed infrastructure businesses with downside protection and a green-transition / value-creation angle
Sector Focus
Energy & utilities, transportation, and digital infrastructure
Geographic Focus
Nordics and Baltics (Northern Europe)
Location
Helsinki, Finland

Background

Eero Hautaniemi is a Partner in CapMan Infra, the infrastructure investment arm of CapMan Plc, a listed Nordic private-assets manager. He has spent his entire infrastructure career at CapMan, joining in 2018 as an Investment Associate, advancing to Investment Manager (2020–2023), then Investment Director (2023), and on to Partner. He is based in Helsinki. (Note: he is a different individual from the similarly-named former Oriola-KD and Lassila & Tikanoja CEO; the timelines and biographies do not overlap.)

Before CapMan, Hautaniemi built a foundation in corporate finance and debt markets at Nordea, starting as an Analyst Intern in Fixed Income (2014) and then working as an Analyst in Leveraged Finance (2015–2017). That leveraged-finance grounding is consistent with CapMan Infra's strategy of acquiring and capitalizing operating infrastructure businesses.

He studied at the Aalto University School of Business, earning a Bachelor of Science in Finance and International Studies (2009–2012, including exchange studies at Umeå University in 2011) and a Master of Science in Finance (2013–2016).

In his current role he is active in deal origination and portfolio oversight, particularly in the transportation infrastructure space. He sits on the boards of CapMan Infra portfolio companies, including Finland's largest bus operator Koiviston Auto and the CapMan Infra DC (data centre) Platform, and he has been a named spokesperson on recent CapMan Infra transactions such as the 2026 acquisition of Baltic bus operator Hansabuss.

Investment Thesis & Focus

  • Invests through CapMan Infra, which "invests in energy & utilities, transportation, and digital infrastructure across the Nordics" (and increasingly the Baltics).
  • Targets essential, infrastructure-grade businesses with stable, often regulated or contracted cash flows — not venture/seed bets.
  • Strong thematic focus on public transportation and the green transition: CapMan Infra backs operators and then funds fleet electrification, low-emission upgrades, and operational improvement.
  • On the Hansabuss deal he framed the rationale around heritage and essential-service positioning: *"We are proud to invest in a company with a strong heritage and culture, as well as an important role in public transportation in Estonia and Latvia."*
  • Says yes to platforms it can scale and decarbonize — e.g., consolidating regional transport operators and investing capital into electric/low-emission fleets ahead of market liberalization.

Notable Investments

  • Hansabuss (2026) — Acquisition (via CapMan Nordic Infrastructure II) of the Baltics' largest privately-owned public-transport bus operator; ~800 employees, 500+ buses, ~€50m revenue across Estonia and Latvia.
  • Koiviston Auto — Finland's largest bus operator (2,000+ employees, 1,000+ buses); Hautaniemi serves as a board member of the platform.
  • Pirkanmaan Tilausliikenne Oy (2022) — Bolt-on acquisition by Koiviston Auto strengthening its position in the Tampere region.
  • Norled — Norwegian ferry operator; part of CapMan Infra's public-transportation portfolio.
  • CapMan Infra DC Platform — Data-centre/digital-infrastructure platform; Hautaniemi serves as a board member.

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