Private Equity News & Analysis

OPENED & CLOSED – November 2004

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OPENED & CLOSED

FUNDS OPENED
FUND FIRM FUND LAUNCHED TYPE OF FUND GEOGRAPHIC FOCUS
NO.
Park Square Capital Partners I Park Square Capital Partners 1 Oct-04 Mezzanine Europe
FSN Capital II &pipe; FSN Capital 2 Sep-04 Private equity Scandinavia
TCG Financial Partners I TCG Financial Partners 1 Sep-04 Private equity US
MPC Global Equity VI MPC Capital 6 Sep-04 Fund of funds Germany
FUNDS CLOSED
name of fund name of firm fund no. launched type of fund geographic focus
Patron Capital LP II &pipe; Patron Capital Limited 2 Jan-04 Private equity Europe
Segulah III LP AB Segulah 3 Sep-04 Buyout Nordic region
Greenpark International Greenpark Capital 2 Aug-04 Secondaries Europe, US
Investors II LP
Edmond de Rothschild LBO Fund Edmond de Rothschild 1 Oct-02 Buyout France
Capital Partners
Kohlberg Investors V Kohlberg & Company 5 Private equity US
EdgeStone Capital Venture Fund II LP EdgeStone Capital Partners 2 Venture capital Canada
DW Healthcare Partners I DW Healthcare Partners 1 Private equity US
Battery Ventures Fund VII &pipe; Battery Ventures 7 Jun–04 Venture capital US
SVG Diamond &pipe; SVG Advisers Collaterised debt Europe, US
Western Technology Investment XI Western Technology Investment 11 Jan-04 Venture debt US
Providence Equity Partners V Providence Equity Partners 5 Buyout Global
Molins Capital Inversion Active Capital Partners 1 Dec-03 Venture capital Spain, Europe
CMEA Ventures VI CMEA Ventures 6 Venture capital US
Special Value Opportunities Fund Tennenbaum 4 Special situations US
Ventures West Fund 8 Ventures West 8 Venture capital Canada

SECTOR FOCUSTARGET FINALCONTACTTOTALAll sectors€1 billionRobin DoumarAll sectorsNOK200 millionJorgen KjaernesDefence$300 millionWilliam CohenAll sectors€25 millionEach month Private Equity International, and its sister onlinepublication PrivateEquityOnline.com, monitor private equity firms that areraising new funds. Here we track those funds that have recentlylaunched their most recent fund(s) as well as those firms that haveannounced a recent close for a fund they have been raising.SECTOR FOCUS1ST/2ND/FINALTARGET FINALAMOUNT CLOSEDCLOSEDLPS COMMITTEDCLOSETOTALPropertyFinal€303 million€303 millionOct-04Not disclosedAll sectorsFinal€250 million€250 millionOct-04Access Capital Partners, AdamsStreet Partners, Adveq, AlpInvest,BP Pension Fund, Horsley Bridge,JP Morgan Fleming AssetManagement, MIT, partnersGroup, Wilshire & othersAll sectorsFinal€350 million€350 millionOct-04Not disclosedAll sectorsFinal€200 million€210 millionOct-04Adveq Management, DanskePrivate Equity, KredietbankLuxembourg, Mederic & othersAll sectorsFinal$650 million$800 millionOct-04Not disclosedAll sectorsFirstC$200 millionC$102 millionOct-04Not disclosedHealthcareFinal$88.3 millionOct-04The Wellcome Trust, SK Capital,JB Capital, Cheyne Walk Trust &othersAll sectorsFinal$450 million$450 millionOct-04GIC Special Investments & othersAll sectorsFinal€400 millionOct-04Not disclosedAll sectorsFinal$500 million$500 millionSep-04Not disclosedMedia, communicationsFinal$4.25 billionSep-04Not disclosedAll sectorsFirst€20 million€11 millionSep-04Not disclosedHigh technology, life sciencesFinal$250 million$300 millionSep-04Dow Employees Pension Plan,IMS Health, Ohio PublicEmployees Retirement System,Public Employees’ RetirementAssociation of Colorado, State ofMichigan Retirement Systems,ChevronTexaco, IBM & othersTurnarounds, restructuringFinal$2 billionSep-04Not disclosedBiotech, communicationsFinalC$250 millionSep-04OMERS; University of Torontoand ITAsset Management; Teachers’Private Capital, Caisse de depot etplacement du Québec & others.