Turning to secondaries

Turning to secondaries 2009-05-02 Staff Writer <strong>PRIVATE EQUITY INVESTMENT ALLOCATION BREAKDOWN</strong> Number of GPs committed to: 63 Capital committed to private equity funds to date: fl.lbn Number of private equity funds committed to: 102 Bite size: €10-50m INVESTMENT OPPORTUNI

PRIVATE EQUITY INVESTMENT ALLOCATION BREAKDOWN Number of GPs committed to: 63 Capital committed to private equity funds to date: fl.lbn Number of private equity funds committed to: 102 Bite size: €10-50m INVESTMENT OPPORTUNITIES Secondary directs Co-invests Directs First time funds Yes ASSETS / FUNDS UNDER MANAGEMENT £83 billion as of 31 Dec 2008 AMOUNT / ALLOCATION TO PRIVATE EQUITY €1.5 billion YEAR FIRST INVESTED IN PRIVATE EQUITY 2001 GEOGRAPHY North America Western Europe Yes Central & Eastern Europe Yes Middle East / Africa Asia Pacific Latin America FUND TYPE Generalist Buyout / Later Stage Yes (20%) Venture Selected re-ups only Mezzanine / Subordinated Debt Selected re-ups only Fund of Funds Mid-Market Yes (60%) Infrastructure Turnaround / Distressed Yes (10%) Secondary Fund Interests Yes (10%) Other PRIVATE EQUITY INVESTMENT APPETITE North Western CEE MENA Asia Latin Generalist America Europe Pacific America Buyout / Later Stage • • Venture Mezzanine / Subordinated Debt Fund of Funds Mid-Market • • Infrastructure Turnaround • Secondary Fund Interests • CONTACTS Mr. William Gilmore Investment Director, Private Equity Tel: +44 131 655 6776 william.gilmore@swip.com Mrs Mirja Lehmler-Brown Investment Director, Private Equity Tel: +44 131 655 8225 mirja.lehmler-brown@swip.com SELECTED FUNDS

FUND NAME MANAGER FUND SIZE YEAR FUND TYPE REGION
Haider GIMV II Halder Holdings €325m 2008 Buyout Western Europe
Investlndustrial IV Investlndustrial €lbn 2008 Buyout Western Europe
Triton III Triton Advisors €2bn 2008 Buyout Western Europe
FSN III FSN Capital Partners €380m 2008 Buyout Western Europe
Innova V Innova Capital €450m 2008 Buyout Central & Eastern Europe
Gilde Buy-out Fund III Gilde Investment Management €600m 2006 Buyout Western Europe
Palamon European Equity II Palamon Capital Partners €670m 2005 Buyout Western Europe
Corpfin Capital III Corpfin Capital €223m 2005 Buyout Western Europe
Bowmark Private Equity III Bowmark Private Equity £105m 2004 Buyout Western Europe
Indigo Capital Fund IV Indigo Capital €475m 2003 Mezzanine Western Europe