{"id":2676,"date":"2026-10-14T05:10:17","date_gmt":"2026-10-14T05:10:17","guid":{"rendered":"https:\/\/www.karongrilli.fi\/?p=2676"},"modified":"2026-10-14T05:31:40","modified_gmt":"2026-10-14T05:31:40","slug":"paaomasijoittamisen-zombit-ja-urho-kekkosen-haamu","status":"publish","type":"post","link":"http:\/\/www.karongrilli.fi\/?p=2676","title":{"rendered":"P\u00e4\u00e4omasijoittamisen zombit ja Urho Kekkosen haamu"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Nollakorkoajan p\u00e4\u00e4ttymisen j\u00e4lkeen listaamattomalla markkinalla on ollut takkuista. P\u00e4\u00e4omarahastoilla on ollut vaikeuksia myyd\u00e4 salkuissaan olevia yhti\u00f6it\u00e4, sijoittajien rahat ovat j\u00e4\u00e4neet jumiin,  eik\u00e4 uusien rahastojen perustaminen ole onnistunut entiseen malliin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">P\u00e4\u00e4omarahastoyhti\u00f6t, jotka eiv\u00e4t pysty vakuuttamaan potentiaalisia sijoittajia, ovat liriss\u00e4.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201dNe muuttuvat el\u00e4viksi kuolleiksi, jotka koettavat p\u00e4\u00e4st\u00e4 eroon olemassa olevan salkun viimeisist\u00e4 yhti\u00f6ist\u00e4\u201d, kuvailee toimittaja ja tietokirjailija <strong>Marko Junkkari<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jukkarin arvion mukaan p\u00e4\u00e4omasijoitusalan zombiutuminen lis\u00e4\u00e4ntyy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Junkkari on haastatellut kymmeni\u00e4 alan toimijoita <em>P\u00e4\u00e4omasijoittajat<\/em>-kirjaansa varten. Karon Grilliss\u00e4 puhutaan siit\u00e4, miksi suomalaisilla Buyout-rahastoilla on vaikeuksia ker\u00e4t\u00e4 uutta rahaa, vaikka niiden rahastojen tuotot ovat kansainv\u00e4lisesti vertailtuna olleet erinomaisia. Mik\u00e4 on valtion sijoitusyhti\u00f6 Tesin rooli \u2013 ja onko siit\u00e4 tullut jo liian vaikutusvaltainen?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lis\u00e4ksi puhumme p\u00e4\u00e4omasijoittajien maineesta, Venture Capital- ja Buyout-sijoittamisen eroista sek\u00e4 siit\u00e4, miksi ruotsalainen <em>EQT <\/em>on kasvanut aivan eri mittaluokkaan kuin samoihin aikoihin samanlaisin suunnitelmin aloittanut <em>CapMan<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nollakorkoajan p\u00e4\u00e4ttymisen j\u00e4lkeen listaamattomalla markkinalla on ollut takkuista. P\u00e4\u00e4omarahastoilla on ollut vaikeuksia myyd\u00e4 salkuissaan olevia yhti\u00f6it\u00e4, sijoittajien rahat ovat j\u00e4\u00e4neet jumiin, eik\u00e4 uusien rahastojen perustaminen ole onnistunut entiseen malliin. P\u00e4\u00e4omarahastoyhti\u00f6t, jotka eiv\u00e4t pysty vakuuttamaan potentiaalisia sijoittajia, ovat liriss\u00e4. \u201dNe muuttuvat el\u00e4viksi kuolleiksi, jotka koettavat p\u00e4\u00e4st\u00e4 eroon olemassa olevan salkun viimeisist\u00e4 yhti\u00f6ist\u00e4\u201d, kuvailee toimittaja ja tietokirjailija [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2677,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[36],"tags":[59],"class_list":["post-2676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grillit","tag-private-equity"],"uagb_featured_image_src":{"full":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4.jpg",1920,1080,false],"thumbnail":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4-150x150.jpg",150,150,true],"medium":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4-300x169.jpg",300,169,true],"medium_large":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4-768x432.jpg",768,432,true],"large":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4-1024x576.jpg",1024,576,true],"1536x1536":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4-1536x864.jpg",1536,864,true],"2048x2048":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4.jpg",1920,1080,false],"mailpoet_newsletter_max":["http:\/\/www.karongrilli.fi\/wp-content\/uploads\/2026\/10\/261014-still4-1320x743.jpg",1320,743,true]},"uagb_author_info":{"display_name":"Karo H\u00e4m\u00e4l\u00e4inen","author_link":"http:\/\/www.karongrilli.fi\/?author=2"},"uagb_comment_info":0,"uagb_excerpt":"Nollakorkoajan p\u00e4\u00e4ttymisen j\u00e4lkeen listaamattomalla markkinalla on ollut takkuista. P\u00e4\u00e4omarahastoilla on ollut vaikeuksia myyd\u00e4 salkuissaan olevia yhti\u00f6it\u00e4, sijoittajien rahat ovat j\u00e4\u00e4neet jumiin, eik\u00e4 uusien rahastojen perustaminen ole onnistunut entiseen malliin. P\u00e4\u00e4omarahastoyhti\u00f6t, jotka eiv\u00e4t pysty vakuuttamaan potentiaalisia sijoittajia, ovat liriss\u00e4. \u201dNe muuttuvat el\u00e4viksi kuolleiksi, jotka koettavat p\u00e4\u00e4st\u00e4 eroon olemassa olevan salkun viimeisist\u00e4 yhti\u00f6ist\u00e4\u201d, kuvailee toimittaja ja tietokirjailija&hellip;","_links":{"self":[{"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=\/wp\/v2\/posts\/2676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2676"}],"version-history":[{"count":2,"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=\/wp\/v2\/posts\/2676\/revisions"}],"predecessor-version":[{"id":2679,"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=\/wp\/v2\/posts\/2676\/revisions\/2679"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=\/wp\/v2\/media\/2677"}],"wp:attachment":[{"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2676"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.karongrilli.fi\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}