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Changes in CapMan Plc’s management group


CapMan Stock Exchange release 30 October 2009 at 3.10 p.m.
Changes in CapMan Plc’s management group
CFO and member of CapMan Plc’s management group Kaisa Arovaara, M.Sc. (Econ.), APA, will resign from CapMan as of 31 January 2010.
Kaisa Arovaara joined CapMan in 2006 as Deputy CFO and she was nominated as CFO and a member of CapMan Plc’s management group in 2007.
Kaisa Arovaara will carry on her duties until 31 January 2010. Senior Partner Olli Liitola, M.Sc. (Eng.), will thereafter assume responsibilities as acting CFO until a new CFO is appointed. Liitola served as CapMan Plc’s CFO before Ms. Arovaara for several years. CapMan has launched the executive search for a new CFO.
For further information, please contact:
Heikki Westerlund, CEO, CapMan Plc, tel. +358 207 207 504 or +358 50 559 6580
Mari Reponen
Communications Director                           
Investor Services
Helsinki Stock Exchange
Principal media

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 approx. 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.