CapMan Real Estate to team up with NEP Partners
(Thomson Reuters ONE) -
CapMan Press Release 28 September 2011 at 11:00 am EET
CapMan Real Estate to team up with NEP Partners
This press release is not an offer of any securities for sale in the United
States, Canada, Japan, Australia or in any other jurisdiction where it would
violate the laws of that jurisdiction or require measures other than those
required under the Finnish laws. Securities may not be offered or sold in the
United States absent registration under the US Securities Act of 1933
(Securities Act) or an exemption from registration. CapMan has not registered
and does not intend to register any securities under the Securities Act and does
not intend to make a public offering of any securities in the United States,
Canada, Japan, Australia or in any other jurisdiction where offering without
registration would violate the laws of that jurisdiction or require measures
other than those required under the Finnish laws.
CapMan Real Estate has signed an agreement with NEP Partners to create a
partnership aimed at expanding CapMan's real estate business into a pan-Nordic
operation. The joint team will follow an opportunity-driven investment strategy
and a value-added approach to investing in property in the Nordic countries. The
combined experience and track record of CapMan Real Estate and NEP Partners will
create a first-in-class real estate fund management team covering the Nordic
market.
"The Nordic region is becoming a preferred location for real estate investments
in the current economic environment. Teaming up with NEP Partners will enable us
to create a leading real estate fund manager covering the entire region," says
Mika Matikainen, Head of CapMan Real Estate.
"The new joint team will put us in a great position to benefit from the
increasing number of distressed opportunities and under-managed assets coming up
for sale in the Nordic region," continues Torsten Bjerregaard, co-founder of NEP
Partners.
CapMan Real Estate and NEP Partners have a long and successful track record of
acquiring and actively managing properties, particularly in Sweden and Finland.
The key members of the new joint team are Mika Matikainen, Torsten Bjerregaard,
Ilkka Tomperi, Edward Williams, Jukka Iivari, Lyndon Dodd, Kalle Myllymäki, Per
Tängerstad, and Juhani Erke, strengthened with the rest of the existing teams
from CapMan Real Estate and NEP Partners and potential new recruitments.
CapMan Real Estate was established in 2005 and has successfully invested four
real estate funds in the region. The portfolio's value at cost as of the end of
June 2011 was ?1.4 billion.
NEP is a real estate investment and asset management company established in
2005 by Edward Williams and Torsten Bjerregaard. Originally formed as an
operating partner for major institutions, it has operated in the Scandinavian
market virtually exclusively since its founding.
Further information:
Mika Matikainen, Head of CapMan Real Estate, Partner, tel. +358 207 207 616
Ilkka Tomperi, Partner, CapMan Real Estate, tel. +358 207 207 647
Torsten Bjerregaard, co-founder of NEP Partners, tel. +46 8 445 1052
CapMan www.capman.com
CapMan is one of the leading private equity firms in the Nordic countries and
Russia, with assets under management of ?3.4 billion. CapMan has four key
investment partnerships - CapMan Buyout, CapMan Russia, CapMan Public Market,
and CapMan Real Estate - each of which has its own dedicated investment team and
funds. Altogether, CapMan employs approx. 120 people in Helsinki, Stockholm,
Oslo, Moscow and Luxembourg. CapMan was established in 1989 and has been listed
on the Helsinki Stock Exchange since 2001.
NEP Partners www.neppartners.com
Attachment: Picture of the key members of the team: Per Tängerstad, Mika
Matikainen, Lyndon Dodd, Torsten Bjerregaard, Kalle Myllymäki, Juhani Erke, Ed
Williams, Jukka Iivari and Ilkka Tomperi (back row, clockwise from left)
Attachment: Picture of the key members of the team:
http://hugin.info/132028/R/1550406/477305.jpg
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: CapMan Oyj via Thomson Reuters ONE
[HUG#1550406]
Unternehmensinformation / Kurzprofil:
Datum: 28.09.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 69784
Anzahl Zeichen: 5053
contact information:
Town:
Helsinki
Kategorie:
Business News
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"CapMan Real Estate to team up with NEP Partners"
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