CapMan adds partners in Helsinki, Stockholm

Four former partners have stepped up to senior advisory roles as part of a generational change.

The buyout team at CapMan, the Helsinki-listed alternatives group, has added two partners.

Johan Pålsson joins from listed Nordic private equity company Ratos, where he spent 10 years working on both transactions and operational transformation across various sectors. He will start in the firm’s Stockholm office in November this year.

Pia Kåll has started as a partner in the firm’s head office in Helsinki this month, having previously spent seven years at management consultancy McKinsey & Company and more recently sat on the board of Outotec, a listed minerals and metals processing company.

Including the latest two hires, the CapMan buyout team now has seven partners and a further eight team members.

Four former partners – Goran Barsby, Conny Karlsson, Olli Liitola and Ari Tolppanen – have moved to become senior partners, which, explained head of CapMan Buyout Markus Sjöholm, would see them take a more flexible advisory role and not work full time on the firm’s subsequent funds.

CapMan’s buyout team is currently investing its €206 million tenth fund, CapMan Buyout X, which it closed in 2012 with commitments from a range of Nordic institutions. The firm will likely start making preparations for fund XI toward the end of the year, PEI understands.

The buyout team operates autonomously as one of five investment units within CapMan PLC. The other units invest in real estate, Russian private equity, private debt and publicly listed Nordic businesses.