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Home › Media › Releases 2005 › CapMan studies the establishment of private equity real estate fund

Stock exchange release - 21 January 2005

CapMan studies the establishment of private equity real estate fund

CapMan Plc is studying the possibilities to establish a Finnish private equity real estate fund and is negotiating with institutional investors. Mr Jukka Iivari, M.Sc. from Corintium Oy acts as advisor to CapMan in this matter.

Indirect investments in real estate have grown strongly and there are approximately 350 unlisted European real estate funds at the moment. In the Nordic countries, corresponding real estate fund activities are at an early stage.

Some American and European private equity investors similar to CapMan have expanded their operations also to private equity real estate funds. The establishment of the real estate fund would be a significant business expansion and strategic step for CapMan.

CapMan Plc will inform the outcome of the negotiations after they have been completed.

For further information, please contact:
Ari Tolppanen, CEO, CapMan Plc, tel. +358 9 6155 8307 or +358 500 407 343

CapMan Group
CapMan is one of the leading private equity investors in the Nordic countries and specialises in middle market buyouts in various industry sectors, technology investments in the IT and telecommunications sectors and investments in life science companies. The CapMan team comprises around 80 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages/advises Nordic funds with approx. EUR 1.2 billion in total capital. CapMan’s affiliated company Access Capital Partners has EUR 574 million under management. To date, the funds managed by CapMan have invested in 147 companies in the Nordic countries and exited from 70 companies. The latest investments are made in Swedish Millicore AB, Finnish Tokmanni Oy, Norwegian Locus AS and Danish Anhydro Group. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange. www.capman.com

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