CapMan Plc Stock Exchange Release 16 December 2010 at 3.00 p.m. EET


CapMan’s Access Capital Partners transaction closed

CapMan Plc has finalised the sale of 30% of Access Capital Partners Group SA to Pohjola Bank plc.  The transaction was subject to the consent of the regulatory authorities in Guernsey (GSFC) and France (AMF), which have now been granted. CapMan published a stock exchange release about the transaction on 17 November 2010.

The transaction has an impact of approx. EUR 23 million on CapMan’s 2010 result. CapMan will continue to be an Access shareholder after the transaction with a 5% stake. CapMan’s rights to possible carried interest income from the funds and private equity mandates managed by Access will remain unchanged after the transaction for all capital raised by Access prior to the closing.

Further information:
Lennart Simonsen, CEO, tel. +358 (0)207 207 567

CAPMAN PLC    



Mari Reponen
Communications Director                       
Investor Services      



DISTRIBUTION
NASDAQ OMX Helsinki
Principal media
www.capman.com

CapMan
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. www.capman.com

Access Capital Partners
Access Capital Partners is a leading, independent European provider of private equity funds of funds with around EUR 2.9 billion under management. Since inception in 1999, Access’ stable management team has remained disciplined and focused on the proactive screening, selection and management of European small to mid-market buy-out funds of funds and mandates. Access’ combined primary and secondary approach to the management of funds of funds has been a key differentiator. The firm currently employs 32 people including 8 partners operating or advising from Paris, Brussels, Munich and London. www.access-capital-partners.com

Pohjola
Pohjola is a Finnish financial services group which provides its corporate and institutional customers with a diverse range of banking, non-life insurance and asset management services and private individuals with an extensive range of non-life insurance and private banking services. Pohjola Bank plc (Pohjola) is part of OP-Pohjola Group, the leading financial services group in Finland.

Pohjola Asset Management Ltd is part of Pohjola Group and it is responsible for asset management services for OP-Pohjola Group’s major institutional and private clients. Its 168 asset management experts manage assets worth over EUR 35 billion. The company is the leading asset manager for Finnish private and institutional investors. During the almost four years of operation, Pohjola Private Equity Funds Ltd within Asset Management has become one of the most significant private equity firms in the Nordic countries. It has assets of around EUR 1.6 billion under management. www.pohjola.fi