CapMan's Access Capital Partners transaction closed
(Thomson Reuters ONE) -
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
This announcement is distributed by Thomson Reuters on behalf of
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: CapMan Oyj via Thomson Reuters ONE
[HUG#1473268]
Unternehmensinformation / Kurzprofil:
Datum: 16.12.2010 - 14:02 Uhr
Sprache: Deutsch
News-ID 49786
Anzahl Zeichen: 4398
contact information:
Town:
Helsinki
Kategorie:
Business News
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"CapMan's Access Capital Partners transaction closed"
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