Category Archives: People

Joakim Frimodig appointed CEO of CapMan

Capman

Published: 08:30 CEST 01-09-2017 /

Joakim Frimodig appointed CEO of CapMan

 

CapMan Stock exchange release 1 September 2017 at 9.30 a.m. EEST

Joakim Frimodig appointed CEO of CapMan

Interim CEO and Deputy CEO of CapMan Joakim Frimodig has been appointed CEO of CapMan as of 1 September 2017. Frimodig has acted as Interim CEO from 4 May 2017. Earlier he has been responsible for strategic growth initiatives at CapMan since April 2016.

“In his role as Interim CEO, Joakim has proved his talent to lead the company in the right direction in accordance with the company’s strategy and we are extremely pleased with this appointment. Joakim has also had a central role in executing the recent growth iniatives and development of CapMan. We believe that Joakim has the best abilities to develop the company in the desired direction,” says Andreas Tallberg, Chairman of CapMan’s Board of Directors.

“The recent development in our results have been strong and we have seen positive development in most of our business areas. Furthermore, the actions in implementing our new growth strategy are now starting to materialize. In the position of CEO I look forward to continue developing CapMan towards the leading private equity investment and asset management company in the Nordics,” says Joakim Frimodig, CapMan’s new CEO. 

For further information, please contact:
Andreas Tallberg, Chairman of the Board of Directors, CapMan Plc, tel. +358 40 700 2252
Joakim Frimodig, CEO, CapMan Plc, tel. +358 50 529 0665


CAPMAN PLC
BOARD OF DIRECTORS


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www.capman.com
 

CapMan Plc
www.capman.com


CapMan is a leading Nordic investment and specialised asset management company. As one of the Nordic private equity pioneers we have actively developed hundreds of companies and real estate and thereby created substantial value in these businesses and assets over the last 25 years. CapMan has today 110 private equity professionals and manages €2.3 billion in assets. We mainly manage the assets of our customers, the investors, but also make direct investments from our own balance sheet in areas without an active fund. Our objective is to provide attractive returns and innovative solutions to investors and value adding services to professional investment partnerships, growth-oriented companies and tenants. Our current investment strategies cover Buyout, Growth Equity, Real Estate, Russia, Credit, Infrastructure and Tactical Opportunities. We also have a growing service business that currently includes fundraising advisory, procurement activities and fund management.

 

Categories: People

Partners Group appoints Shunsuke Tanahashi as Head of Japan Office

Partners Group logo

Partners Group appoints Shunsuke Tanahashi as Head of Japan office

Partners Group, the global private markets investment manager, has appointed Shunsuke Tanahashi as Head of its Japanese business. Shunsuke Tanahashi joined Partners Group in April 2017 as a Senior Vice President in its Tokyo office.

Shunsuke Tanahashi brings more than 20 years of industry experience to his role as Japan Head. Prior to joining Partners Group, he was CEO at Ark Totan Alternative, and also worked for Ant Capital, Goldman Sachs Asset Management Tokyo, Mitsubishi UFJ Trust Bank, and the Research Institute for Pensions and Policies on Aging (RIPPA). He holds an MBA from the University of Michigan and a bachelor’s degree from Tokyo University.

Shunsuke Tanahashi comments: “I am very excited to take on this new challenge, which comes at a momentous time in the Japanese market. Institutional investors in Japan are increasingly turning to private markets asset classes such as private equity and private infrastructure as an attractive source of returns in a low-growth environment. It is my belief that many of them will choose to work with a global investment manager capable of providing a comprehensive private markets solution and with industry-leading ESG credentials.”

Kevin Lu, Chairman of Asia, states: “With his substantial experience and an in-depth understanding of private markets, we believe Shunsuke Tanahashi is ideally positioned to lead our efforts in Japan. I look forward to working together with him in the future to build out our relationships with institutional investors and distribution partners in this important market.”

 

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Kevin Reeder apointed as new CEO of bm|t beteiligungsmanagement thüringen gmbh

BM-T

Kevin Reeder (39) was appointed as new Managing Director of bm|t beteiligungsmanagement thüringen gmbh as of September 1, 2017. A native American and a graduate in business administration with an MBA degree from Oxford, he has a diverse professional career in international investment management. After having worked in Denver and Zurich he worked as an investment manager at bm|t between 2013 and 2014 and  therefore knows Thuringia, the Thuringian companies and the startup scene in the region.

Kevin_Reeder_bmt

Kevin Reeder (39) is the new Managing Director of bm|t from September 1st.

“Investments in exciting start-ups and innovative SMEs remain a challenging task in Thuringia. With Kevin Reeder, we have found the right person to carry out this task and to further strengthen bm|t’s already strong position in the market, “commented Matthias Wierlacher, Chairman of Thüringer Aufbaubank and Chairman of the Supervisory Board of bm|t. Kevin Reeder says about his new job: “I am delighted to invest the capital entrusted to us profitably. We are thus financing innovations and economic growth in Thuringia.”

Categories: People

Jessica Häggström new Head of Human Resources and member of Investor AB’s Extended Management Group

Investor
2017-08-17 09:58

In September, Jessica Häggström will succeed David Lindquist as Head of Human Resources at Investor. Jessica Häggström has since 1998 worked at Ericsson in various roles within Human Resources, such as Talent Management, Compensation and Benefits. In her new role she will be a member of Investor’s Extended Management Group which, in addition to the members of the Management Group of Investor, includes the two Co-heads of Patricia Industries and now also the Head of Human Resources.

Accordingly, Investor’s Extended Management Group consists of the following members with respective responsibilities:

Johan Forssell – President and CEO
Helena Saxon – CFO
Daniel Nodhäll – Listed Core Investments
Petra Hedengran – General Counsel, Corporate governance, investments in EQT funds
Stefan Stern – Communication, Public Affairs and Sustainability
Christian Cederholm – Patricia Industries Nordics
Noah Walley – Patricia Industries North America
Jessica Häggström – Human Resources

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CapMan plans to set up new Growth Equity fund and appoints Partner to the team

Capman

CapMan plans to set up new Growth Equity fund and appoints Partner to the team

CapMan plans to set up new Growth Equity fund focusing on minority investments in unlisted companies. In addition, CapMan strengthens its Growth Equity team by appointing Antti Kummu as Partner.

The background research of the new planned Growth Equity fund demonstrates that the investor appetite for active minority investments is high. Furthermore, CapMan Growth Equity’s track record is strong due to successful value-add work in the portfolio companies in addition to significant exits. The targeted fund size of the new growth investments fund is approximately MEUR 80 and fund raising is planned to be executed during 2017.

“There is significant demand for structured growth equity instruments and CapMan is pleased to be able to offer investors this alternative investment opportunity,” comments Juha Mikkola, CapMan Growth Equity, Managing Partner.

The new Growth Equity Partner Antti Kummu has more than 10 years of experience from the private equity industry. He joins CapMan from Touhula Varhaiskasvatus Oy, where he acted as CFO. Prior to that, he worked for Coronaria Hoitoketju Oy as Director. He was also a member of Finnish Industry Investments’ Management Group and responsible for direct investments in to later stage companies and direct industrial investments.

“The new planned Growth Equity fund and the team appointment of Antti Kummu reflects our growth strategy in which crucial components are launching new business areas and products. We are very pleased to welcome Antti at CapMan and to strengthen our Growth Equity team. Antti’s strong background will support our Growth Equity team’s expertise and we are now in a good position to achieve great results also in this new private equity category”, says Joakim Frimodig, CapMan’s Interim CEO.

The objective of the Growth Equity investment activities is to find unlisted target companies with strong growth potential, to make significant minority investments worth of more than one million in them and, as an active investor, to develop their value so as to achieve returns in excess of the market average. CapMan’s Growth Equity portfolio consists of six unlisted Nordic companies at the moment.

For further information, please contact:
Juha Mikkola, Managing Partner, Growth Equity, CapMan Oyj, tel. +358 50 590 0522
Joakim Frimodig, Interim CEO, CapMan Oyj, tel. +358 50 529 0665

CapMan
www.capman.com
twitter.com/CapManPE

CapMan is a leading Nordic investment and specialised asset management company. As one of the Nordic private equity pioneers we have actively developed hundreds of companies and real estate and thereby created substantial value in these businesses and assets over the last 25 years. CapMan has today 110 private equity professionals and manages €2.3 billion in assets. We mainly manage the assets of our customers, the investors, but also make direct investments from our own balance sheet in areas without an active fund. Our objective is to provide attractive returns and innovative solutions to investors and value adding services to professional investment partnerships, growth-oriented companies and tenants. Our current investment strategies cover Buyout, Growth Equity, Real Estate, Russia, Credit, Infrastructure and Tactical Opportunities. We also have a growing service business that currently includes fundraising advisory, procurement activities and fund management.

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Henrik Poulsen appointed Deputy Chairman of Kinnevik

Kinnevik

Henrik Poulsen appointed Deputy Chairman of Kinnevik

Kinnevik AB (publ) (“Kinnevik”) today announced that the Board of Directors has agreed to appoint Henrik Poulsen as Deputy Chairman alongside Dame Amelia Fawcett. Henrik Poulsen was elected Director of the Board at the Annual General Meeting 2017 and he is a member of Kinnevik’s Audit Committee.

Henrik Poulsen is the Chief Executive Officer of Dong Energy, the global leader in offshore wind power. Prior to joining Dong Energy in 2012, Henrik was the Chief Executive Officer of Danish telecommunications company TDC between 2008 and 2012.

Tom Boardman, Chairman of the Board commented:

“I am delighted that Henrik will assume the role as Deputy Chairman of Kinnevik. Since his election in May, Henrik has been a very active Director bringing significant sector experience and operational insights to the Board discussions, and I look forward to working even closer with him in his role as Deputy Chairman.”

The Nomination Committee representing more than 50% of the votes of the Company supports the Board’s appointment of Henrik Poulsen as Deputy Chairman.

This information is information that Kinnevik AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 20:30 CET on 6 August 2017.

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83

Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to build the digital consumer businesses that provide more and better choice. We do this by working in partnership with talented founders and management teams to create, invest in and lead fast growing businesses in developed and emerging markets. We believe in delivering both shareholder and social value by building well governed companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

 

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Anders Borg tenders his resignation from the Board of Kinnevik

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Kinnevik

Anders Borg tenders his resignation from the Board of Kinnevik

Earlier today, Mr Anders Borg tendered his resignation as a Director of Kinnevik with immediate effect. The Board has accepted his resignation.

This information is information that Kinnevik AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 18.45 CET on 5 August 2017.

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83

Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to build the digital consumer businesses that provide more and better choice. We do this by working in partnership with talented founders and management teams to create, invest in and lead fast growing businesses in developed and emerging markets. We believe in delivering both shareholder and social value by building well governed companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

 

Categories: People

Electra Director declaration

Director Declaration

31 July 2017

Electra Private Equity PLC announces that John McAdam, a non-executive director of the Company, has been appointed as a Non-executive Director and Senior Independent Director of Cobham plc, effective from 3 August 2017. He will also become a member of the Remuneration and Nomination Committees of Cobham plc.

Electra Private Equity PLC

Categories: People

Hydrawell appoints CEO

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Hydrawell appoints CEO

28 July 2017 – Rapidly growing plug & abandonment (P&A) and well repair specialists HydraWell has appointed Mark Sørheim as its new chief executive officer.

Mark Sørheim joins HydraWell from Schlumberger in Aberdeen where he held the position as integrated drilling & completion project director. Sørheim has spent almost 20 years in Schlumberger, including management roles in UK, Norway and France as well as operational roles in UK, Colombia and India.

“I have cooperated with HydraWell while at Schlumberger and have been highly impressed. When someone tells you that they can plug a well in 2-3 days instead of the 10-14 days it takes with conventional methods, most people will probably be a bit cautious at first. However, HydraWell’s perf, wash & cement technology does just that. It is by far the oil and gas market’s most cost-efficient P&A solution and I cannot wait to start working with the technology full time,” says Mark Sørheim, newly appointed CEO of HydraWell.

Mark Sørheim succeeds HydraWell’s co-founder Odd Engelsgjerd, who will continue to support the company as business advisor, board member and major shareholder.

“This transition has been planned for some time, by the board of directors and I, as part of our strategy to grow the business further,” says Odd Engelsgjerd.

HydraWell has developed the proprietary PWC®-technology (perforate, wash and cement) that plugs offshore wells in 2-3 days, compared to the traditional method of section milling which takes considerably longer time to complete. So far more than 200+ Hydrasystem plugs have been installed worldwide on behalf of 16 operators including supermajors, majors, NOCs and independent oil companies.

HydraWell is jointly owned by the company’s management and private equity fund Norvestor VII, L.P., which is advised by Norvestor Equity AS – a leading private equity firm focusing on lower mid-market control investments in the Nordic region.

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Ratos AB: Daniel Spasic leaves his position as CEO of TFS

Ratos

Ratos AB: Daniel Spasic leaves his position as CEO of TFS

Daniel Spasic has chosen to leave his position as CEO of Ratos’s subsidiary TFS, an international Contract Research Organisation (CRO), which conducts clinical trials for pharmaceutical, biotechnology and medtech companies. James Utterback has been appointed acting CEO until a permanent CEO has been recruited.

In recent years, TFS has focused on therapeutic expertise, internationalisation, organisation and service offerings. Daniel Spasic, founder of TFS and the company’s CEO since 1996, has been an important contributor to this strategic focus. Daniel has now chosen to leave the company and James Utterback, an advisor to the Board of Directors of TFS with extensive experience in the pharmaceuticals industry, has been appointed acting CEO as of 14 August. The recruitment process to find a permanent replacement has begun.

 

“As the founder of TFS and for his 20 years as CEO, Daniel has applied his industry expertise to successfully build and develop TFS into an international clinical contract research company. Under Daniel’s leadership, TFS has positioned itself as a company with a focus on small and medium life science customers. Now, at a natural point in time, when TFS is taking the next step on its growth journey, with a clear set of goals and a well-defined strategy, Daniel has chosen to leave his position as CEO of the company,” says Mikael Norlander, Senior Investment Director at Ratos and company executive for TFS. 

 

Daniel will remain as a key owner of TFS, with 40% of the shares.

 

Ratos became a part-owner of TFS in 2015. On behalf of its customers, the company now conducts clinical trials in more than 40 countries and works with a broad international customer base of leading research companies. The company has approximately 750 employees and professional fee revenues for the rolling 12 months at 31 March 2017 amounted to EUR 60.6m and EBITA was
EUR 6.5m.

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