Press release - 28 June 2006
CapMan reduces its ownership in Access Capital Partners
CapMan Plc has sold 12.5% of the shares of its associated company Access Capital Partners (Access) to Access managers. The transaction has a positive effect of EUR 0.6 million on CapMan Plc’s result for the year 2006.
After the transaction CapMan Plc’s ownership in the advisory/management companies of Access is 35% and the management’s ownership is 65%. The transaction does not affect the carried interest rights of CapMan related to Access funds and mandates.
Access Capital Partners is a leading manager and advisor of European private equity funds of funds with a specific focus on European mid-market buy-outs as well as technology investing. Access has assets of €1.25 billion under management in three funds of funds and separate private equity investment mandates. Access Capital Partners was established in 1999 and employs 20 people.
For further information, please contact:
Vesa Vanha-Honko, Head of Business Development, Senior Partner tel. +358 9 6155 8310 or +358 400506690
‹ Back to previous page