Vicus Capital Advisors provides advisory and investment management services with special focus on real estate. Our team has extensive experience from real estate investment, development, and fund management.

Since 2005, we have been operating in the Baltic, Russian and Ukrainian real estate markets, and since 2016 in the CEE markets.

Our advisory services cover real estate transactions and various matters related to ownership and financing strategies. The team with background in investment banking is capable of handling complex assignments and transactions.


Juha Mikkonen

Chairman of the Board

M.Sc. (Econ.), b. 1962

Juha is the founder and Chairman of Vicus Capital Advisors. In 2005-2008, he worked as the Managing Director. Prior to entering real estate investment business in 2005, Juha has a long career in investment banking. He was a co-founder of a leading Finnish investment bank Conventum in 1996 and Managing Director of Conventum Corporate Finance in 1999-2005.

Markus Jaakonsaari

Managing Director

M.Sc. (Econ.), b. 1971

Markus is the Managing Director of Vicus Capital Advisors. Prior to co-founding the company in 2005 he has worked in investment banking since 1995, latest as Director at Conventum Corporate Finance since 2000. In Vicus Capital Advisors, Markus has been responsible for development projects, including co-investment and lease negotiations, sales processes, bank financing and board work, as well as for CEO functions since July 2013.

Ville Siivonen


M.Sc. (Econ.), M.Soc.Sc., LL.M., b. 1978

Ville has worked for Vicus Capital Advisors since 2005. Prior to joining the company in 2005, Ville worked as an Analyst at Conventum Corporate Finance and as an Equity Analyst at Nordea. In Vicus Capital Advisors, Ville's responsibilities include investment transactions, financing, and development project management.

Matti Pajari


M.Sc. (Econ.), CFA, b. 1969

Matti is a Director of Vicus Capital Advisors. In 2005-2014, he worked as the company's CFO responsible for financing, fund control and administration. Prior to Vicus, Matti worked as an investment banker at Conventum Corporate Finance since 2001. Before joining Conventum, Matti worked at Jaakko Pöyry Consulting since 1994, first as a consultant and later on as a Vice President.

Amir Wafin


B.Sc. (Econ.), b. 1991

Amir is working as an Analyst for Vicus Capital Advisors. He joined the company in May 2017 and is currently finishing his M.Sc. studies in Aalto School of Business. Prior to joining Vicus Capital Advisors, Amir worked in the field of fertilizers sales and analysis in a Russian-based entity, LLC "Ammoni".

Julia Saarinen

Executive Assistant

BBA., b. 1994

Julia is an assistant at Vicus Capital Advisors.  She studied in the Degree Programme in Modern Languages and Business for Management Assistants at Haaga-Helia University of Applied Sciences. She joined the company in February 2018. Julia's responsibilities include administrative duties and managerial functions.

Tomi Asanti

Member of the Board

Tomi Asanti has 20 years of professional services and international commercial experience at multinational organisations including management roles at the elevator giant KONE Corporation, the real estate developer Sponda Plc and the global law firm White & Case LLP. Following Tomi's strong track record in high-profile real estate projects, Tomi was invited to join the board of Vicus in 2017 to advice on investment opportunities across Europe and Russia.

Harri Waldén

Member of the Board

Harri Waldén has since his early years worked for companies such as Unitas Ltd, Samuel Montagu & Co. who became one of Finland's most experienced, internationally orientated investors. Harri was invited as a board member to support the revision of Vicus Capital Advisors' strategy in the autumn 2015. He will strengthen the implementation of the revised strategy, bring long-term investment experience, strategic know-how and collaboration opportunities to Vicus Capital Advisors.


Read what's new this week

Koru Vinohradska and Stein2 area development projects with YIT are completed in Prague, the Czech Republic and in Bratislava, Slovakia. The value of the projects is approximately EUR 50 million.