Elite Asset Management introduces CapMan Collection - a new opportunity to invest in unlisted companies and real estate

CapMan Press Release 10 December 2014 at 9:00 a.m. EET

Elite Asset Management introduces CapMan Collection - a new opportunity to invest in unlisted companies and real estate

CapMan Collection is the first Finnish non-UCITS fund providing private investors an opportunity to invest in unlisted companies and real estate with a structure providing liquidity and a possibility to join with a smaller ticket size. CapMan Collection is mainly investing in funds managed by private equity firm CapMan, whose current investment portfolio includes well-known Finnish companies, such as the luxury and lifestyle hotel chain Kämp Group and the global sauna heater manufacturer Harvia.

CapMan Collection provides private and institutional investors an opportunity to invest in private equity more flexibly. Previously the asset class has been available mainly to bigger institutional investors. CapMan Collection is targeted to investors who seek for returns offered by private equity investing, but at the same time demand liquidity for their investment. The fund is managed by Eufex Fund Administration Ltd, which is part of Elite Group.

"CapMan's strategic objective is to broaden its investor base both domestically and internationally. Elite is an excellent partner for us, as the company has a long experience in managing non-UCITS funds. The new vehicle is the first of its kind in Finland and we are happy that we have been able to take part in developing this new opportunity to invest in the unlisted market," states the CEO of CapMan, Heikki Westerlund.

"We are excited to cooperate with CapMan, which is one of the leading private equity managers in the Nordic countries and Russia. Private equity provides an opportunity to achieve both additional returns and diversification compared to traditional asset classes, such as listed shares and bonds. Simultaneously investors have an opportunity to take part in supporting small and mid-sized companies and thereby promoting the growth of the local economy," comments Daniel Pasternack, the CEO of Elite Asset Management Ltd. "Eufex Fund Administration Ltd is the first domestic investment fund administrator in Finland, and has previously provided fund solutions to various other investment companies," Pasternack continues.

For further information:


Heikki Westerlund, CEO, CapMan Plc, tel. +358 50 559 6580, heikki.westerlund@capman.com

Daniel Pasternack, CEO, Elite Asset Management Ltd, tel. +358 50 569 3416, daniel.pasternack@elitevarainhoito.fi

CapMan www.capman.com

CapMan Group is one of the leading private equity firms in the Nordic countries and Russia, with assets under management of €3.2 billion. CapMan has five key investment partnerships - CapMan Buyout, CapMan Real Estate, CapMan Russia, CapMan Credit and CapMan Public Market - each of which has its own dedicated investment team and funds. Altogether, CapMan employs approx. 100 people in Helsinki, Stockholm, Moscow, Luxembourg and London. CapMan was established in 1989 and has been listed on the Helsinki Stock Exchange since 2001.

Elite Asset Management Ltd www.elitevarainhoito.fi

Elite Group is a Finnish investment services company offering specialized asset management and fund investment services to private investors, institutions and investment professionals. Established in 2001, the company employs 80 investment professionals in Finland. Elite Asset Management Ltd manages assets over 1.2 billion euros for its clients.

Eufex Fund Administration Ltd www.elitevarainhoito.fi/rahastohallinto

Eufex Fund Administration Ltd is a Finnish fund management company specialised in administration services of investment funds. The company is a fully-owned subsidiary of Elite Varainhoito Oy. Established in 2009, the company is providing services to investment firms mainly related to investment value calculation, management of share register and fund administration.

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