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Kaisa Arovaara appointed as Deputy CFO of CapMan


Kaisa Arovaara, M.Sc. (Econ.), APA, 35, has been appointed Deputy CFO of CapMan Plc as of 9 January 2006.

Prior to joining CapMan Mrs Arovaara worked for 10 years at Ernst & Young in Helsinki and New Zealand. During the period 2001–2005 she worked as a Financial Analyst performing due diligence for M&A, and she also headed this business at Ernst & Young for two years. Mrs Arovaara’s major customers were international private equity and venture capital firms, and she has participated in almost all of the prominent auction processes over the past few years.

In addition, Mrs Arovaara will act as a member of the Management Group of CapMan Plc during CFO Olli Liitola’s sabbatical leave over the period 8 February - 7 July 2006.


CapMan
CapMan is one of the leading private equity investors in the Nordic countries and specialises in middle market buyouts in various industry sectors, technology investments in the IT and communications sectors and investments in life science companies. In addition, CapMan manages private equity real estate funds. The CapMan team comprises around 90 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages/advises Nordic funds with approx. €2.2 billion in total capital. To date, the funds managed by CapMan have invested in 147 companies in the Nordic countries and exited from 79 companies. The latest investments are made in Norwegian InfoCare AS, Finnish Flander Ltd, Swedish Inflight Services AB and Danish Scan•Jour A/S. The portfolio of CapMan’s first private equity real estate fund consists of 18 commercial properties in the Helsinki metropolitan area. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange. www.capman.com
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Publisher Contact Information:

CapMan Capital Management Oy
+358 9 6155 8304
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