CapMan and the Belgian-based private equity firm Gimv has signed an agreement where CapMan will divest investment commitments totaling EUR 13.6 million and fund investments totaling EUR 3.4 million to Gimv.
The direct impact on CapMan Group’s cash flow in 2009 is approximately EUR 3.4 million, while there will be no impact on the Group’s result.
In addition, CapMan will transfer its investment commitments and fund investments in CapMan funds to its newly establish company, CapMan Fund Investment. This company will operate as a feeder fund into funds managed by CapMan.
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