# Onvest

Onvest is a Single Family Office based in Helsinki, Finland.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Helsinki, Finland
- **Region:** Europe
- **Address:** Helsinki, Finland
- **Founded:** 1997
- **Assets under management:** Undisclosed
- **Website:** onvest.fi
- **LinkedIn:** https://www.linkedin.com/company/onvestoy

## Regulatory record

- **Reports private funds:** No

## About

Onvest was shaped by the 2018 division of the original Toivanen group holdings. Marja Toivanen and Maria Toivanen-Warras became co-owners of the entity now known as Onvest Oy. The family maintains a multi-generational mandate focused on Finnish operating businesses and commercial property. The firm allocates across real estate, private equity-style industrial holdings, and infrastructure. Its wholly owned subsidiary Feon conducts steel services, while OnWood advances wood construction. Confirmed holdings include multiple logistics and industrial sites in the Helsinki region and western Finland. Onvest executes direct acquisitions and development projects rather than fund commitments, with activity concentrated in Europe. The group reports more than 200 employees across its operating subsidiaries. Onvest maintains its headquarters in Helsinki and has executed several property transactions in the past 24 months. December 2024: Sold the Mittalinja property in Vantaa to Verne, which operates a data center on the site. The family also participates in the Family Business Network Finland. Onvest operates as an active owner of Finnish industrial and real estate assets rather than a diversified global allocator. Its structure ties investment decisions directly to the operating companies it controls, including Feon and OnWood, creating a closed-loop model between ownership and management execution.

## Sectors

- Real Estate
- Industrial Tech
- ClimateTech
- Energy Transition & Renewables

## People

- Maria Toivanen — Board Member

## Questions

### Who runs investment decisions at Onvest?

Maria Toivanen serves on the board alongside Lassi Välisalo, Benno Ridala, Ville Nakari and Jaakko Soini. The board approves major acquisitions and strategy for the real estate and industrial holdings.

### Does Onvest participate in fund commitments or only direct deals?

Onvest executes direct acquisitions of real estate and controlling interests in industrial companies. It does not disclose external fund commitments.

### What investment stages does Onvest typically target?

The firm targets mature industrial businesses and income-producing real estate in Finland. It has not disclosed early-stage venture activity.

### How is Onvest related to Conficap Oy?

Conficap Oy is the sister family office created when the original Onvest Group split in 2018. Maarit Toivanen owns Conficap while Marja Toivanen and Maria Toivanen-Warras own Onvest.

### Does Onvest maintain philanthropic structures?

No separate philanthropic vehicle is disclosed on the firm website or in the Altss record.

### What is Onvest's known posture on co-investments alongside external GPs?

Onvest has not disclosed participation in external GP-led co-investments. Its activity centers on wholly owned subsidiaries and direct property acquisitions.

## Related profiles

- [One Merchant House](https://altss.com/profile/one-merchant-house)
- [Ophir Capital Group](https://altss.com/profile/ophir-capital-group)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/onvest

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