# Umo Capital

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

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Helsinki, Finland
- **Region:** Europe
- **Address:** Aleksanterinkatu 21 H, 00100 Helsinki, Finland
- **Founded:** 1949
- **Assets under management:** Undisclosed
- **Website:** umocapital.fi
- **LinkedIn:** https://www.linkedin.com/company/umo

## Regulatory record

- **Reports private funds:** No

## About

Umo Capital Oy was established in 1949 as Ulkomarkkinat Oy by the Myllärniemi family. The business began with imports of machinery and equipment for Finnish meat-processing and food industries before shifting to a professional family-office model under third-generation leadership. The office commits to private equity, venture capital, real estate and liquid securities. It reviews opportunities in all asset classes both domestically and internationally. Confirmed co-investment relationships include Veikko Laine Oy and Berling Capital on Finnish public and private equities, and participation alongside Risto Siilasmaa in Aito.ai. Geographic reach covers Europe, North America, Asia, Africa, the Middle East, South America, the Caribbean and Oceania. Erkki Tryggve Fredrik Myllärniemi serves as CEO and Chairman while Joonas Haakana acts as Chief Investment Officer. The firm also manages fiduciary, trust and estate businesses from its Aleksanterinkatu address in Helsinki. Erkki Myllärniemi previously sat on the investment committee of Finland’s State Pension Fund (VER).

## Sectors

- Private Equity
- Venture Capital
- Real Estate
- AI/ML

## People

- Erkki Tryggve Fredrik Myllärniemi — CEO and Chairman
- Joonas Haakana — Chief Investment Officer

## Questions

### Who runs investment decisions at Umo Capital?

Erkki Tryggve Fredrik Myllärniemi serves as CEO and Chairman. Joonas Haakana holds the Chief Investment Officer role.

### Does Umo Capital participate in fund commitments or only direct deals?

The firm invests in private equity and venture capital opportunities and maintains co-investment relationships with partners such as Veikko Laine Oy and Berling Capital.

### What investment stages does Umo Capital typically target?

Confirmed stages include growth equity and venture capital.

### How is Umo Capital related to the State Pension Fund (VER)?

Erkki Myllärniemi served as a member of the VER investment committee.

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- [Uli Sigg Family Office](https://altss.com/profile/uli-sigg-family-office-ulrich-sigg-family-office)
- [Unger Capital Management](https://altss.com/profile/unger-capital-management-unger-family-office)

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

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