Jukka Ruuska leaves CapMan

CapMan Press Release 16 December 2010 2.00 p.m. EET

Jukka Ruuska leaves CapMan

Senior Partner Jukka Ruuska will resign from CapMan as of 31 December 2010.

Jukka Ruuska joined CapMan in spring 2008, and he has played a key-role in CapMan's expansion to Public Market investment operations. The CapMan Public Market fund invests in listed Nordic companies and utilises active ownership strategy in its operations. Jukka Ruuska was Head of CapMan Public Market and a member of CapMan Plc's Management Group between the establishment of the CapMan Public Market fund in 2008 and November 2010.

"I want to take this opportunity to thank Jukka for his excellent contribution and cooperation in setting up and further developing CapMan Public Market team's operations", says CEO Lennart Simonsen.

"I am very pleased that the CapMan Public Market concept has proved to be successful. We have gained a true governance position and added value in all of our portfolio companies", says Jukka Ruuska.

Jukka Ruuska continues as a Board member in the CapMan Public Market fund's Finnish portfolio company Affecto PLC.

Further information:
Lennart Simonsen, CEO, CapMan Plc, tel. +358 (0)207 207 567
Jukka Ruuska, Senior Partner, CapMan Public Market, tel. +358 (0)50 1732

CapMan www.capman.com
CapMan is one of the leading alternative asset managers in the Nordic countries and Russia and manages private equity funds with approximately EUR 3.6 billion in total capital. CapMan has six investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science, CapMan Russia, CapMan Public Market and CapMan Real Estate), and each of them has a dedicated team and funds. Altogether CapMan employs approximately 150 people in Helsinki, Stockholm, Copenhagen, Oslo, Moscow and Luxembourg. CapMan was established in 1989 and its B shares have been listed on the Helsinki Stock Exchange since 2001.

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