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Press release - 23 March 2006

CapMan strengthens its Advisor Network with three new Industrial Advisors

CapMan announces that Jesper Jarlbæk from Denmark and J.T. Bergqvist and Esko Mäkeläinen, both Finns, have been invited to join CapMan as Industrial Advisors as of March 2006.

Dr J.T. Bergqvist, (b. 1957), M.Sc., Dr. Tech., executive management education in the USA and France, has outstanding expertise in the management and development of IT and telecom companies. He has held several sales and general management positions at Nokia Networks, and has served as a Member of the Group Executive Board at Nokia Corporation during 2001–2005. Dr Bergqvist is a member of the Board in several companies operating in IT, telecom and financial industries.

 

Mr Jesper Jarlbæk, (b. 1956), Authorised Public Accountant, B.Sc. (Econ.), executive management education in INSEAD and AEP, has a long track record in management and development functions in Denmark. Mr Jarlbæk served with Arthur Andersen for almost 30 years, culminating his career there as Country Managing Partner. Since 2002 Mr Jarlbæk was Managing Partner- Advisory services for Deloitte Denmark. Currently he is engaged in several start-up companies as an investor and Board member.

 

Mr Esko Mäkeläinen, (b. 1946), M.Sc. (Econ.), has strong experience in corporate finance and mergers and acquisitions within the forest industry sector. Mr Mäkeläinen has more than 30 years’ experience in the forest industry, among others as the CFO of Stora Enso. He has been a member of the Board in various forest industry and finance companies since 1992.

 

CapMan adopted the Nordic Advisor Network concept in the late 1990s when the first Senior Advisors were appointed. The concept was expanded in 2004 and the first Industrial Advisors were invited to the network. Advisors are business leaders with long careers and they bring new connections and in-depth sector knowledge, which complements the expertise of the company’s investment professionals. Currently the Network comprises five Senior Advisors and ten Industrial Advisors.

 

 

For further information, please contact:

Mr Heikki Westerlund, CEO, tel. +358 9 6155 8304 or +358 50 559 6580

 

 

CapMan
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 communications sectors and investments in life science companies. In addition, CapMan manages private equity real estate funds. The CapMan team comprises around 90 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages Nordic funds with approx. EUR 2.2 billion in total capital. To date, the funds managed by CapMan have invested in 142 companies in the Nordic countries and exited from 80 companies. The latest investments are made in Finnish Flander Ltd, Danish ScanJour A/S, Swedish 42Networks AB and Norwegian InfoCare ASA. The portfolio of CapMan’s first private equity real estate fund consists of 18 commercial properties in the Helsinki metropolitan area. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange. www.capman.com