Private Equity News & Analysis

OPENED & CLOSED – October 2004

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OPENED & CLOSED

FUNDS OPENED
IFUND FIRM FUND LAUNCHED TYPE OF FUND GEOGRAPHIC FOCUS
NO.
FSN Capital II 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
Carlyle Leveraged Finance Europe Carlyle Group 1 Aug-04 Leveraged finance Europe
Alternative Investment Capital II Alternative Investment Capital 2 Aug-04 Fund of funds Europe, USA
Windstone Opportunity Fund Windstone Capital Partners 1 Aug-04 Private equity Southwest USA
FUNDS CLOSED
NAME OF FUND NAME OF FIRM FUND LAUNCHED TYPE OF FUND GEOGRAPHIC FOCUS
NO.
Special Value Opportunities Fund Tennenbaum 4 Special situations US
Ventures West Fund 8 Ventures West 8 Venture capital Canada
Longroad Capital Partners Longroad Asset Management 1 Special situations US
Interwest Fund IX InterWest Partners 9 Apr-04 Venture capital US
Partners Group Secondary LP Partners Group 1 Sep-03 Secondary Europe
Benchmark Europe II Benchmark Capital Partners 2 Venture capital Europe
Danske PEP II Danske Private Equity 2 Fund of funds Europe
Quaker Bioventures I Quaker Bioventures 1 Venture capital US
Norwest Fund VIII Norwest Equity 8 Mezzanine US
Castanea Partners Fund II Castanea Partners 2 Private equity US
Innisfree Primary Fund III Innisfree 3 Real estate UK/Europe
Gemini Israel Fund IV Gemini Israel Funds 4 Venture capital Israel
Crown Private Equity European LGT Capital Partners 1 Fund of funds Europe
Buyout Opportunities
Ferd Private Equity Fund Ferd Private Equity 1 Private equity Norway

SECTOR FOCUSTARGET FINALCONTACTTOTALAll sectorsNOK200 millionJorgen KjaernesDefence$300 millionWilliam CohenAll sectors€25 millionEach month Private Equity International, and its sisterAll sectors€500 milliononline publication PrivateEquityOnline.com,All sectors$200 millionmonitor private equity firms that are raising new funds.Technology, insurance, financeHere we track those funds that have recently launched theirmost 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 COMMITTEDCLOSETOTALTurnarounds, restructuringFinal$2 billionSep-04Not disclosedBiotech, communicationsFinalC$250 millionSep-04OMERS; University of Torontoand ITAsset Management;Teachers’ Private Capital,Caisse de dép^t et placement duQuébec & others.Mid-market turnaroundsFinal$183 millionSep-04Manager secondariesFinal€500 millionSep-04MetLife, BP, New York Life,Canada Pension Plan InvestmentBoard & othersTechnologyFinal$375 millionSep-04Not disclosedFinal€600 million€550 millionSep-04Not disclosedBiopharmaceuticalsFinal$280 millionSep-04Not disclosedManufacturing, distribution,Final$800 millionSep-04Not disclosedhealthcare servicesand business servicesAll sectorsFinal$207 millionSep-04Princeton University,Yale University & othersReal estateFinal£360 millionSep-04Not disclosedTechnologyFinal$200 millionAug-04Not disclosedAll sectorsFinal€392 millionAug-04London Pension Fund Authority,London Borough of HillingdonCouncil & othersAll sectorsFinal€151 millionAug-04Not disclosed