Single Family Office

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HG Paloheimo Oy

HG Paloheimo Oy traces its origins to 1889 when H. G. Paloheimo acquired Santamäki farm in Loppi, Finland. The firm remains under family ownership with Arvi...

HG Paloheimo Oy logo

HG Paloheimo Oy

HG Paloheimo Oy traces its origins to 1889 when H. G. Paloheimo acquired Santamäki farm in Loppi, Finland. The firm remains under family ownership with Arvi Paloheimo and Elisa Paloheimo holding more than 96 percent of the parent company. Martti Paloheimo directs operations as CEO while also advising the Paloheimo Foundation. The firm invests in listed Finnish and foreign securities alongside direct real-estate and infrastructure positions. It develops residential and commercial plots in Riihimäki and Loppi and holds forestry and agricultural land in Hausjärvi, Tuusula, and surrounding municipalities. In 2024 the firm entered a partnership with Solnet Finland Oy to prepare 165 hectares for a 140 MWp solar park valued at up to 100 million euros, structured through a partner model that includes financing and offtake arrangements. Allocations remain focused on Europe. No public figure exists for assets under management or headcount. The firm maintains its headquarters at Maantie 1 in Riihimäki and belongs to the Finnish Venture Capital Association. It also oversees the Leonora & Yrjö Paloheimo Säätiö and the Paloheimo Foundation as separate philanthropic vehicles. Ownership concentration above 96 percent in two family members creates a governance structure that ties investment decisions directly to the principal shareholders without external limited-partner reporting requirements.

General information

Firm type

Single Family Office

Year founded

1889

AUM

Undisclosed

Location

Region

Europe

Country

Finland

City

Riihimäki

Corporate office

Maantie 1, 11130 Riihimäki, Finland

Principals

Martti Paloheimo

CEO

Perttu Tevanen

Investment Director

Arvi Paloheimo

Major shareholder and former Chairman

Elisa Paloheimo

Major shareholder

Sector focus

PropTechEnergy Transition & RenewablesClimateTech

Frequently asked questions

Who runs investment decisions at HG Paloheimo Oy?

Martti Paloheimo serves as CEO and directs investment activity. Perttu Tevanen holds the title of Investment Director. Major shareholders Arvi Paloheimo and Elisa Paloheimo retain final authority over capital allocation.

Does HG Paloheimo Oy participate in fund commitments or only direct deals?

The firm invests directly in listed securities and private real-estate assets. It also structures co-investments through SPVs for infrastructure projects such as the solar park developed with Solnet Finland Oy.

What investment stages does HG Paloheimo Oy typically target?

The firm holds both public equities and private direct investments. It develops real-estate sites from raw land through to residential and commercial construction readiness.

Where does the underlying wealth come from?

The Paloheimo family fortune originated with the 1889 acquisition of Santamäki farm. Subsequent holdings expanded into forestry, agriculture, and urban real estate around Riihimäki and Loppi.

How is HG Paloheimo Oy related to the Paloheimo Foundation?

Martti Paloheimo serves as Board Advisor to the Paloheimo Foundation. The foundation operates as a separate philanthropic entity alongside the Leonora & Yrjö Paloheimo Säätiö.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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