In 2012, investment operations remained brisk both in fund investments as well as in direct investments. FII screened 200 projects seeking investments. The company made new investments totalling €57.1m. Investments and commitments totalled €719 million at the end of the year.
FII made new commitments to four funds amounting to €32.5m. Fund investments focused on new venture capital and mid-market buyout funds.
FII made direct investments amounting to €22.3m. Direct investments focused on technology companies, buyouts, and the mining cluster.
The profit for the financial year was €7.3m. Profits, both from investments and from liquid securities, improved compared to the previous year.
Investing capacity was strengthened by the Finnish State’s capitalisation of 50 million euros. In total, Finnish State’s investments of €470m in FII have grown into equity of €575m. During the company’s entire operating period, the return on invested capital has achieved the general level of inflation.
