Mandatum Asset Management kicks off its new branch activities with real estate business acquisition

Mandatum Asset Management has kicked off its business operations with a new acquisition. The recently founded asset management branch of Mandatum announced today it has acquired the Finnish privately owned real estate fund management company Trevian Funds AIFM.

Trevian Funds AIFM has some EUR 300 million in assets under management in its two funds: Trevian Finland Properties I and Trevian Carbon Sink Real Estate I. It launched a commercial partnership in 2018 with Mandatum Life when the latter included Trevian Finland Properties I to its selection of investment products. “We know Trevian well as a company, as we have several years of collaboration behind us. Trevian’s excellent knowledge of real estate made it a natural acquisition for us,” says Mandatum Asset Management’s CEO Lauri Vaittinen. Lauri Vaittinen spoke with FBNW earlier this year about the new branch’s business