CapMan - Company Announcement

CapMan holds €100 million first close of Nordic private debt fund

CapMan Plc        Stock Exchange Release                  16 May 2016 at 3.15
p.m. EEST

Disclaimer

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 holds €100 million first close of Nordic private debt fund

CapMan Credit becomes Nest Capital and announces the €100 million first close of
its new fund. Nest Capital is an independent investment partnership within the
CapMan Group.

The fund will provide private debt, mainly in the form of unitranche and
mezzanine, to small and medium-sized companies across the Nordic countries. The
fund's private debt investments are expected to support leveraged buyouts, add-
on acquisitions and expansion projects as well as refinancings and
recapitalisations.

Investors in the fund include Nordic and European insurance companies, pension
funds and other institutional investors as well as family offices. CapMan Plc
has committed €2 million to the fund.

"The establishment of this new private debt fund is a great achievement and we
see yet untapped potential in the market to develop credit products further,"
comments Niko Haavisto, CapMan's CFO.

"We are very pleased with the strong support from both existing and new
investors and look forward to continuing to provide private debt to small and
medium-sized companies in the Nordic region," comment Niklas Östborn and Felix
Vilval, Partners at Nest Capital.

The Nest Capital team also advises the fully invested €95 million CapMan
Mezzanine V Fund that made eight private debt investments, of which four have
been successfully repaid to date.

Scala Fund Advisory advised Nest Capital on the fundraise.

For further information, please contact:
Niko Haavisto, CFO, CapMan Plc tel. +358 50 465 4125
Niklas Östborn, Partner, Nest Capital, tel. +46 702 315 751

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. 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 Nest Capital - 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
professionals and assets under management of €2.7 billion.



Nest Capital www.nestcapital.se
Nest Capital is a private debt fund manager active in the Nordic region. Nest
Capital advises two private debt funds with total commitments of c.€200 million.
Investors in the funds include Nordic and European insurance companies, pension
funds and other institutional investors as well as family offices. Nest Capital
is an independent partnership within the CapMan Group.


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