2016-03-16 08:06:08 CET

2016-03-16 08:06:08 CET


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Finnish English
CapMan - Company Announcement

Joakim Frimodig to join CapMan's Management Group


CapMan Plc      Stock Exchange Release     16 March 2016 at 9.05 am EET

Joakim Frimodig to join CapMan's Management Group

Joakim Frimodig (BA, Oxon) has been appointed Director, Strategic Growth and a
member of CapMan Group's Management Group starting from 4 April 2016.

Frimodig joins CapMan from Summa Capital, where he has worked for the past 12
years, most recently as Deputy Managing Partner. Prior to that, he served as an
advisor for Alfred Berg and ABN Amro Corporate Finance. He has advised numerous
Finnish and international companies in M&A and financing transactions over the
course of his career.

"We warmly welcome Joakim to join CapMan. We have identified several
opportunities, which enable us to better utilise the growth of the private
equity industry. Joakim will be responsible for the execution of our growth
objectives especially related to the activation of new customer segments and new
product design. He is very familiar with our industry and has a strong vision
combined with the extensive experience required to implement the necessary
growth initiatives," says Heikki Westerlund, CapMan's CEO.

"I have followed CapMan's progress for a long time and I am excited about the
opportunity to advance the objectives of an industry leader. The private equity
industry offers plenty of growth opportunities as well as new challenges,"
comments Joakim Frimodig, CapMan's new Director, Strategic Growth.

For additional information, please contact:
Heikki Westerlund, CEO, CapMan Plc, tel. +358 50 559 6580
Joakim Frimodig, Director, Strategic Growth, CapMan Plc, tel. +358 50 529 0665


CAPMAN PLC
Linda Tierala
Manager, Communications and IR

DISTRIBUTION
NASDAQ Helsinki
Principal media
www.capman.com


CapMan www.capman.com
CapMan is a leading Nordic investment and asset management company active in the
private equity industry. For more than 25 years, we have been developing
companies and real estate and supporting their sustainable growth. We are
committed to understanding the needs of our customers in an ever-changing market
environment. Our objective is to provide attractive returns and innovative
solutions for our investors and value adding services for professional
investment partnerships, growth-oriented companies and tenants. Our independent
investment partnerships - Buyout, Real Estate, Russia and Credit - as well as
our associated company Norvestia are responsible for investment activities and
value creation. CapMan's service business offering includes fundraising advisory
services, purchasing activities and fund management services to both internal
and external customers. CapMan has 100 private equity professionals and assets
under management of €2.8 billion.


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