Private Equity News & Analysis

ASSET CLASS: FUNDS IN MARKET – October 2009

ASSET CLASS: FUNDS IN MARKET 2009-10-01 Staff Writer <strong>ASSET CLASS: FUNDS IN MARKET</strong><br> <table> <tbody> <tr> <td><strong>NAME OF FUND</strong></td> <td><strong>NAME OF</strong>

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ASSET CLASS: FUNDS IN MARKET

NAME OF FUND NAME OF FUND GEOGRAPHIC TARGET STATUS
MANAGER TYPE FOCUS SIZE
21 Centrale Partners IV 21 Centrale Partners Mid-Markets Western Europe €5 00 m First close on €200m in July 2009
3TS CEE Fund III 3TS Capital Partners Growth / Expansion Capital Central and Eastern Europe €200m Launched
Abraaj Buyout Fund III Abraaj Capital Buyout Africa, Asia-Pacific, Middle East US$4bn First close on US$3bn
Accession Mezzanine Capital III Mezzanine Management Mezzanine Central and Eastern Europe €35 0 m Launched
Central Europe
ACG Europe V ACG Private Equity Fund of Funds Western Europe US$300m Launched
ADCB Macquarie Infrastructure Fund Macquarie Group Infrastructure Middle East US$lbn Currently investing
ADIC-UBS Infrastructure Fund UBS Global Asset Infrastructure Middle East, North America US$600m First close at US$250m
Management
Aditya Birla Private Equity Fund I Aditya Birla Capital Advisors Growth / Expansion Capital Asia-Pacific US$350m Launched
ADM Capital CEECAT Recovery Fund ADB Capital Turnaround / Distressed Central and Eastern Europe €300m Currently fundraising
Advent Latin American Private Advent International Buyout, Growth / Latin America US$2bn Currently fundraising
Equity Fund V Expansion Capital
African Energy Infrastructure Fund Prescient Fieldstone Infrastructure Africa US$500m Launched
Investment Management
Alpha CIS Opportunity ALPHA Associates Fund of Funds Central and Eastern Europe €300m Launched
Amadeus Asian Clean Energy Fund Entropy Ventures Growth / Expansion Capital Asia-Pacific US$75m Second close $35m in August;
-US$100m final close expected in Q4 of 2009
AMP Capital Asian Giants AMP Capital Investors Infrastructure Asia-Pacific US$75 0 m First close
Infrastructure Fund
Ant Bridge Asia IV Ant Global Partners Secondaries Asia-Pacific US$400m Launched
ArcLight Energy Partners Fund V ArcLight Capital Partners Buyout North America, Western Europe US$3bn Launched
Arx CEE III Arx Equity Partners Buyout, Later-Stage Central & Eastern Europe US$125m 2nd close on US$102m
Ashmore Global Consolidation and Ashmore Investment Turnaround / Distressed Africa, Asia-Pacific, Central and N/A Launched
Recovery Fund Management Eastern Europe, Latin America, Middle East
Asia Environmental Partners LP Olympus Capital Infrastructure Asia-Pacific US$250m Launched
Holdings Asia
AT Capital Strategic Opportunities Fund Asian Tiger Capital Partners Growth / Expansion Capital Asia-Pacific US$75m Launched
Aurora II Aurora Investment Advisors Growth / Expansion Capital Central and Eastern Europe £50 m Launched
Avigo SME Fund III Avigo Capital Partners Growth / Expansion Capital Asia-Pacific US$250m First close on US$150m in
February 2009
Axis Infrastructure Fund Axis Private Equity Infrastructure Asia-Pacific US$500m First close at US$150m in April 2008
Bain Capital Venture Partners 2008 Bain Capital Venture Capital N/A US$500m First close at US$475m
Balderton Capital IV Balderton Capital Venture Capital Western Europe US$500m First close at US$430m in
January 2009
BanyanTree Growth Capital Fund BanyanTree Finance Growth / Expansion Capital Asia-Pacific US$125m Launched
BJÖRK Audur Capital Early-Stage Western Europe N/A Launched
Blackstone Cleantech Partners The Blackstone Group Venture Capital N/A US$400m Launched
Blackstone Infrastructure Partners The Blackstone Group Infrastructure Global US$5bn Launched
Blackstone Zhonghua Development Blackstone/ N/A China RMB5bn Launched
Investment Fund Pudong Government
Capital Alliance Private Equity III (CAPE) African Capital Alliance Growth / Expansion Capital Africa US$350m First close on US$200m in July 2009
Catalyst Private Equity Fund Catalyst Investment Energy / Oil and Gas Middle East N/A Launched
Management
CBPE VIII Close Brothers Private Equity Mid-Markets Western Europe £36 0m Launched
CEE Special Situations Fund CRG Partners Group Special Situations Central and Eastern Europe €150m Launched
Celtic Pharmaceutical Holdings II (CP2) Beehive Capital Growth / Expansion Capital North America, Western Europe £75 0 m First close on £100m in
December 2008
Centerbridge Credit Opportunities Fund Centerbridge Partners Turnaround / Distressed N/A N/A Launched
Centras Private Equity Fund Centras Capital Buyout Asia-Pacific, Central and Eastern Europe US$75m First close at US$30m
CHAMP III Funds CHAMP Ventures Buyout Asia-Pacific A$950m Launched
CHAMP III Funds CHAMP Private Equity Buyout Asia-Pacific US$15bn 1st close on US$400m
China New Enterprise Investment Fund II New Enterprise Management Growth / Expansion Capital Asia-Pacific US$300m Launched
China-Belgium Direct Equity Investment Fund II Fortis-Haitong Private Equity Growth / Expansion Capital Asia-Pacific RMB3bn Launched
Fund Management Co.,Ltd.
Citadel Capital Joint Investment Fund Citadel Capital Buyout Africa, Middle East US$500m Launched
CITIC Capital China Partners II CITIC Provident Management Buyout Asia-Pacific US$500m Launched
CITIC-Kazyna Investment Fund I CITIC Provident Management Infrastructure Asia-Pacific US$200m Launched
Columbia Capital Equity Partners V Columbia Capital Venture Capital North America US$650m Launched, current size is US$231.8m
Crown Global Secondaries II LGT Capital Partners Secondaries US$75 0 m First close US$268m in August
Crown Global Secondaries II LGT Capital Partners Secondaries Asia-Pacific, North America, Western Europe US$75 Om First Close on US$268m in
August 2009
Daiwa Quantum Capital Partners I Daiwa Quantum Capital Growth / Expansion Capital Asia-Pacific JPY30bn Launched
DBS Private Equity Enterprise DBS Private Equity Later-Stage Asia-Pacific US$100m Launched
De meter 2 Demeter Partners Growth / Expansion Capital, Western Europe €200m Second Close on US$182m
Venture Capital in July 2009
Direct Capital Partners IV Direct Capital Private Buyout, Mid-Markets Asia-Pacific NZ$250m First close at NZ$200m
Equity (DCP)
East Africa Fund InReturn Capital Growth / Expansion Capital Africa €15m First close at €8m
Endeavour Growth Capital Endeavour Capital Venture Capital Asia-Pacific, North America US$355m Launched
Energy Capital Partners II Energy Capital Partners Infrastructure North America US$3.5bn Launched
European and Asian Special Situations Fund m CAPITAL Turnaround / Distressed Asia-Pacific, Western Europe US$500m Launched
First Vanguard Water Fund First Vanguard Infrastructure Asia-Pacific US$500m Launched
Foresight Solar Fund 2 Foresight Group Energy / Oil & Gas Western Europe €25 Om Launched
Fortman Border Investment Fund Fortman Fund Development Capital Asia-Pacific RMB4.5bn Launched
France Private Equity 4 Butler Capital Partners Turnaround / Distressed Western Europe €5 00 m Launched
Francisco Partners 3 Francisco Partners Buyout N/A US$2.5bn Launched
Fundo de Investimento Privado de Angola Angola Capital Partners Venture Capital Africa US$100m Launched
Gaja Capital Fund Gaja Capital Partners Venture Capital Asia-Pacific US$200m Launched
GBS BioVentures IV GBS Venture Partners Venture Capital Asia-Pacific A$200m Second close on A$100m
GC Equity Partners II Gulf Capital Partners Growth / Expansion Capital Middle East AED175m Launched
Genesis Private Equity Fund II Genesis Capital (Prague) Growth / Expansion Capital Central and Eastern Europe €60m First close at €40m in July 2009
Gimv-XL GIMV Growth / Expansion Capital Western Europe N/A Second close on €560 in June 2009
Global Maritime Assets M2M Industry Focused Global US$400m Launched
Gresham Private Equity Fund 3 Gresham Private Equity Buyout, Mid-Markets Asia-Pacific A$500m Launched
GS Infrastructure Partners II Goldman Sachs Principal Infrastructure North America, Western Europe US$7.5 bn Launched
Investment Area
Hamilton Lane Secondary Fund 2 Hamilton Lane Advisors Secondaries N/A N/A Third close at US$400m

NAME OF FUNDNAME OFFUNDGEOGRAPHICTARGETSTATUSMANAGERTYPEFOCUSSIZEHBG Special Opportunities Fund IHBG HoldingsTurnaround / DistressedAfrica, Asia-Pacific, Middle EastUS$150mLaunchedHellman & Friedman VIIHellman & Friedman LLCBuyoutNorth America, Western EuropeUS$10bnFirst close at US$6bnin February 2009Henderson Infrastructure Fund IIIHenderson Equity PartnersInfrastructureAsia-Pacific, North America, Western Europe£12 bnLaunchedHispania Private Equity IIHispania Capital PartnersGrowth / Expansion CapitalLatin AmericaUS$200mFirst close at US$105min January 2009HSBC Environmental Infrastructure FundHSBC Specialist InvestmentsInfrastructureNorth America, Western Europe€500mFirst close on €117m in April 2009Huntingdon Capital Fund IIHuntingdon CapitalGrowth / Expansion CapitalNorth AmericaUS$100mSecond close on US$78min January 2009IDFC Hybrid Infrastructure FundIDFC Investment AdvisorsInfrastructureAsia-PacificUS$100mLaunchedIndia Advantage Fund Series IIIICICI VentureGrowth / Expansion CapitalAsia-PacificUS$110 mLaunchedIndia Agri Business FundRabo Equity AdvisorsGrowth / Expansion Capital,Asia-PacificUS$130mFirst close at US$95mMezzanine, PIPESIndia Build-out Fund IMilestone ReligareGrowth / Expansion CapitalAsia-PacificINRSbnLaunched, current size INR3bnIndia Business Excellence Fund IIMotilal Oswal Venture CapitalGrowth / Expansion CapitalAsia-PacificUS$350mLaunchedIndia Financial Inclusion FundCaspian AdvisorsGrowth / Expansion CapitalAsia-PacificUS$100mLaunchedIndia Infrastructure Development Fund (IIDF)UTI Asset ManagementInfrastructureAsia-PacificUS$5 00 mLaunchedCompanyIndian Enterprise Fund2i CapitalMid-MarketsAsia-PacificUS$200mFirst close at US$60m in August 2008Indochina Infrastructure HoldingsIndochina CapitalInfrastructureAsia-PacificUS$5 00 mLaunchedInfrastructure Crisis FacilityInternational FinanceInfrastructureGloablUS$10bnLaunchedING European Infrastructure FundING Real EstateInfrastructureCentral and Eastern Europe, Western Europe€lbnCurrently investingInnisfree Secondary Fund IIIInnisfreeInfrastructureWestern Europe£600.5LaunchedIslamic Infrastructure FundCIMB IslamicInfrastructureAsia-PacificUS$5 00 mLaunchedIthmar Fund IIIIthmar CapitalBuyout, Growth /Middle EastUS$lbnLaunchedExpansion CapitalJ. P. Morgan Asian Infrastructure & RelatedJP Morgan Asset ManagementInfrastructureAsia-PacificUS$1.5 bnSecond close on US$1bnResources Opportunity FundKaizen Education FundKaizen GlobalIndustry FocusedAsia-PacificUS$150mLaunchedKhosla Ventures Expansion FundKhosla VenturesVenture CapitalN/AUS$lbnLaunchedKKR Infrastructure FundKohlberg Kravis Roberts (KKR)InfrastructureNorth AmericaUS$4bnLaunchedKotak India Private Equity FundKotak Private Equity GroupGrowth / Expansion CapitalAsia-PacificUS$200mLaunchedLatin Power and Infrastructure IVConduit Capital PartnersInfrastructureLatin AmericaUS$800mLaunchedLeopard Cambodia FundLeopard CapitalBuyout, Expansion, VentureCambodiaN/ARaised US$28.6m so far;final close expected by end of 2009Leveraged Green Energy FundLeveraged Green EnergyInfrastructureCentral and Eastern Europe, North AmericaUS$250mFirst close on US$100mLexington Capital Partners VIILexington PartnersSecondariesNorth AmericaUS$5bnLaunchedMacquarie Renaissance Infrastructure FundMacquarie Funds GroupInfrastructureCentral and Eastern EuropeUS$1.5 bnFirst closeMacquarie-SBI Infrastructure Fund (MSIF)Macquarie GroupInfrastructureN/AUS$3bnFirst close on US$1bn in April 2009MENA Private Equity FundBNP Paribas Private EquityN/AAfrica, Middle EastUS$300mLaunched(BNP Paribas Capital)MerchantBridge-UBS Private EquityUBS GAM/MerchantBridgeGenera listMiddle EastUS$5 00 mLaunchedMillenium Private Equity Infrastructure FundMillennium Private EquityInfrastructureAfrica, Middle EastUS$5 00 mLaunchedN/AAbax Global CapitalN/AAsia-PacificN/AFirst close US$500m expectedby OctoberNanchang Hongtu New CapitalJiangxi HongchengVenture CapitalAsia PacificRMB200mLaunchedVenture Investment Co., LtdWaterworks Co., LtdNauta Tech Invest IIINauta CapitalVenture CapitalNorth America, Western Europe€100 mFirst close at €50m in July 2009Navis Asia VINavis Capital PartnersBuyoutAsia-PacificUS$1.25bnFirst close on US$400m in July 2009NBK Capital GSC MezzanineNBK CapitalMezzanineMiddle EastUS$200mFirst close on US$150m inJanuary 2009New Horizon Capital IIINew Horizon CapitalGrowth / Expansion CapitalAsia-PacificUS$750mLaunchedNexit Infocom IINexit Ventures OyVenture CapitalNorth America, Western EuropeUS$100mSecond close on US$75m onNovember 2009Oakley Capital Private EquityOakley Capital InvestmentsBuyoutWestern Europe€55 0 mThird close at €270mOCM Principal Opportunities Fund VOaktree Capital ManagementTurnaround / DistressedNorth AmericaUS$5bnLaunchedP&S Growth IIP&S CapitalGrowth / Expansion CapitalCentral and Eastern EuropeUS$100mLaunchedPalisade’s Regional Infrastructure FundPalisade Investment PartnersInfrastructureAsia-PacificN/ACurrently investingPamodzi Resources Fund IPamodzi Investment HoldingsBuyout, InfrastructureAfricaUS$1.3 bnLaunchedPinnacle Private Equity FundPinnacle Private EquityBuyoutAsia-PacificA$200mLaunchedPolaris Private Equity IIIPolaris Private EquityBuyoutWestern Europe€35 0 mFirst close on €275m on March 2009Prax Capital China Growth Fund IIIPrax CapitalGrowth / Expansion CapitalChinaUS$300mCurrently fundraising;(hardcapfirst institutional close targetedUS$400m)15 DecemberPROfounders Capital Venture Capital FundPROfounders CapitalVenture CapitalWestern EuropeN/AFirst close in July 2009Quintana Energy Partners IIQuintana CapitalEnergy / Oil and GasAsia-Pacific, North AmericaUS$650mFirst close at US$250mRasmala MENA Private Equity Fund IIRasmala InvestmentsGrowth / Expansion CapitalAfrica, Middle EastUS$350mFirst close on US$129m inJanuary 2009Reliance Alternative Investments FundReliance Equity AdvisorsGrowth / Expansion CapitalIndiaINR15bnCurrently fundraisingRiverside Asia FundThe Riverside CompanyBuyoutAsia-PacificUS$100mFirst close at US$25m inSeptember 2008Robeco Cleantech Private Equity IIRobeco GroupFund of FundsNorth America, Western EuropeUS$600mCurrently investingRobeco Responsible Private Equity Fund IIRobeco GroupFund of FundsNorth America, Western Europe€25 0 mFirst close on €50m in July 2009Rockley Follow-on FundRockley GroupVenture CapitalWestern Europe€100 mLaunchedSEAF India Agribusiness FundSEAFIndustry FocusedAsia-PacificUS$75mFirst close on US$35m in April 2009Siemens Global Innovation Partners ISiemens Venture CapitalFund of FundsAsia-Pacific, Middle East, North America,US$200mFirst close on US$100mWestern EuropeSouth Asian Clean Energy FundGlobal Environment FundGrowth / Expansion CapitalSouth AsiaUS$200mCurrently fundraisingSphinx Turnaround FundSphinx Capital CorporationTurnaround / DistressedMiddle EastUS$100 mLaunchedSpring Capital Asia FundSpring Capital AsiaGrowth / Expansion CapitalAsia-PacificUS$200mLaunchedSri Lanka Private Equity FundCalamander CapitalBuyout, Later-StageAsia-PacificUS$100mLaunchedStandard Chartered IL&FS AsiaInfrastructure Leasing &InfrastructureAsia-PacificUS$800mSecond close on US$601mInfrastructure Growth FundFinancial Services Ltd (IL&FS)STIC Asia Mid-market Private Equity Fund IISTIC InvestmentsMid-MarketsAsia-PacificUS$5 00 mLaunchedSyntaxis Mezzanine Fund IISyntaxis CapitalMezzanineCentral and Eastern Europe€25 OmLaunchedThe Europe Virgin FundDragon CapitalBuyoutCentral and Eastern EuropeUS$120mLaunchedThe Vietnam Energy FundVinaCapitalEnergy / Oil and GasAsia-PacificN/ALaunchedUnigestion Secondary Opportunity Fund IIUniqestionFund of Funds, SecondariesN/A€150mLaunchedUnited States Power Fund IVEnergy Investors Funds (EIF)Energy / Oil and GasNorth AmericaUS$2bnLaunchedWB Debt PartnersButler Capital PartnersTurnaround / DistressedCentral and Eastern Europe, Western Europe€25 OmLaunchedWhitesmith Private Equity InvestorsGoldsmith Capital PartnersTurnaround / DistressedWestern Europe€lbnLaunched