CapMan Stock Exchange Release 3 September 2009 1.00 p.m.
Changes in CapMan Plc Group’s management and Management Group
CapMan’s Senior Partner and Head of Investor Services, Jerome Bouix, M.Sc. (Econ.), has been appointed Deputy CEO of CapMan Plc responsible for CapMan’s own fund investments, fundraising for funds managed by the Group, business development, and the Group’s finances and administration. Partner Göran Barsby, M.Sc. (Econ.) and Partner and Head of CapMan Russia, Investment Operations, Hans Christian Dall Nygård, M.Sc. (Econ.), have been appointed as new members of CapMan Plc Group’s Management Group. All these changes will be effective as of 1 October 2009.
Senior Partner and Head of Investor Services, Jerome Bouix, has been appointed Deputy CEO of CapMan Plc. The Investor Services team is responsible for fundraising and the administration of CapMan funds, performance monitoring of the funds’ portfolio companies, the Group’s business development, investor relations and communications, as well as legal matters. The Group Finances and Accounting, IT team, headed by CFO Kaisa Arovaara, will report to Bouix as of 1 October 2009. Bouix joined CapMan in 2000 and in addition to fundraising he has been actively involved in the Nordic expansion of CapMan’s operations as well as the launching of new fund products. Prior to CapMan, Bouix worked in the financing team of Finland’s Ministry of Trade and Industry.
Senior Partner Olli Liitola, who previously acted as Deputy CEO, will focus on the investment activities of the funds managed by CapMan as a member of their investment committees and will also have overall responsibility for bank financing partnerships.
Partner Göran Barsby and Head of CapMan Russia, Investment Operations, Partner, Hans Christian Dall Nygård, have been appointed members of the Management Group.
“These changes in management are part of our strategic process in which we defined the company’s core competences. CapMan has now entered a stage in its development in which my goal as CEO will be to concentrate on developing our investment operations, and Olli Liitola will be a valuable partner here. The expansion of Jerome Bouix’ responsibilities is a natural step forward in leveraging his international experience. He will also now be responsible for one of the cornerstones of our strategy, fund investments from CapMan’s own balance sheet. We have also updated the composition of the Management Group to reflect our market areas and investment areas comprehensively,” says Heikki Westerlund, CEO of CapMan Plc.
CEO and Senior Partner Heikki Westerlund, CFO Kaisa Arovaara, Jerome Bouix, HR Director Hilkka-Maija Katajisto, Senior Partner Olli Liitola, and the Heads of Teams and Senior Partners Tuomo Raasio (CapMan Buyout), Petri Niemi (CapMan Technology), Petri Saavalainen (CapMan Russia), Jukka Ruuska (CapMan Public Market), Markku Hietala (CapMan Real Estate) and deputy Head of CapMan Buyout Kai Jordahl will continue as members of the Management Group.
For more information, please contact:
Heikki Westerlund, CEO, Senior Partner, CapMan Plc, tel. +358 207 207 504 or +358 50 559 6580
CAPMAN PLC
Mari Reponen
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CapMan is one of the leading alternative asset managers in the Nordic countries and Russia and manages private equity funds with approximately EUR 3.5 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 over 150 people in Helsinki, Stockholm, Copenhagen, Oslo and Moscow. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.
