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.


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.

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.

Harri Waldén

Chairman of the Board

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

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 and he is the Chairman of the Board since June 2018. Harri will strengthen the implementation of the revised strategy, bring long-term investment experience, strategic know-how and collaboration opportunities to Vicus Capital Advisors.  

Tomi Asanti

Member of the Board

LL.M., MBA, Member of the Board, b. 1973

Tomi Asanti has 20 years of professional services and international commercial experience at multinational organizations 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.

Juha Mikkonen

Senior Advisor

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

Juha is the founder and Senior Advisor 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.


Read what's new this week

YCE Housing I fund has signed agreements with YIT to buy Green City I project in Riga and Ranta Barrandov I project in Prague. Green City I is the fund's first project in Latvia and consists of 100 apartments to be completed in the last quarter of 2019, while Ranta Barrandov I is the fund's third project in the Czech...