# Troll Capital

Troll Capital is a Single Family Office based in Helsinki, Finland.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Helsinki, Finland
- **Region:** Europe
- **Address:** Haravakuja 5 B, 00840 Helsinki, Finland
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** trollcap.com
- **LinkedIn:** linkedin.com/company/troll-capital-oy

## Regulatory record

- **Reports private funds:** No

## About

Troll Capital was established in 1999 by the Paananen family, whose primary wealth stems from Peikko Group. The firm operates as a single-family office from its headquarters in Helsinki. The office deploys capital through direct co-investments, SPVs, fund-of-funds commitments, private equity, and real estate. Geographic focus remains on Europe. Sector exposure includes healthcare services. The firm belongs to the Finnish Family Firms Association. No public data exists on team size or additional offices. The firm maintains membership in the KAUTE Foundation for philanthropic activities. No operational events from the last 24 months appear in available records. Troll Capital structures its mandate around long-term holdings tied to the founding family's operating company background rather than external LP capital.

## Sectors

- Healthcare Services

## People

- Jalo Paananen — Founder
- Elmar Paananen — Founder
- Topi Paananen — Founder

## Questions

### Who runs investment decisions at Troll Capital?

The Paananen family directs investment decisions. Jalo, Elmar, and Topi Paananen are listed as founders in research records.

### What asset classes does Troll Capital use?

The firm uses direct co-investments, SPVs, fund-of-funds, private equity, and real estate.

### Does Troll Capital maintain philanthropic structures?

The firm maintains a relationship with the KAUTE Foundation.

### Which professional networks does Troll Capital belong to?

Troll Capital belongs to the Finnish Family Firms Association and adheres to ISDA protocols.

## Related profiles

- [Trog Hawley Capital](https://altss.com/profile/trog-hawley-capital)
- [True Family Enterprises](https://altss.com/profile/true-family-enterprises-true-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/troll-capital

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