COMUNICADO DE BREGAL INVESTMENTS LP

Bregal Investments Hires Fund of Funds Manager

Chuck Flynn Hired as Head of Global Private Equity Fund of Funds Team

NEW YORK, 15 Abr. (PRNewswire) -

Bregal Investments LP, an international investment firm, today announced the hiring of Chuck Flynn as head of Bregal Fund of Funds, its euro 750 million (approximately US$900 million) global private equity fund of funds investment program.

Bregal's investment strategy is to focus predominantly on the middle- market buyout sectors in both the U.S. and Europe, which it believes will be the most attractive market segment in private equity going forward. Bregal has earmarked over euro 2.5 billion (approximately US$3 billion) to invest in private equity funds that are leaders in their field. The company was formed in 2002 to formalise and significantly expand the private investment activities of Cofra Holding AG.

Yves de Balmann, Co-Chairman of Bregal explained, "Hiring Chuck to head the Bregal Fund of Funds business completes the third leg of our private equity strategy, in addition to our investments with Englefield and Centre Partners, two premier private equity funds in which Bregal is the principal investor and an active partner."

In 2003, Bregal invested euro 650 million (approximately US$790 million) in London-based Englefield Capital LLC, which focuses on private investments in middle-market companies in western Europe. Also last year Bregal invested US$600 million (approximately euro 500 million) in Centre Partners, a New York- based private equity firm focused on supporting middle-market companies.

Bregal Fund of Funds will invest euro 750 million (approximately US$900 million) in a number of buyout funds in the U.S. and Europe. Investments will be made across a range of fund sizes and sector specialties, at between euro 20 million to euro 70 million in each fund. It will be managed and operated entirely separately from the Englefield and Centre Partners investments.

Mr. Flynn joins Bregal from Deutsche Asset Management, the asset management arm of Deutsche Bank, a leading global financial service provider, where he was Global Head of the Private Equity Funds Group. Prior to joining Deutsche Bank, Mr. Flynn worked at the AXA Group, a worldwide leader in financial protection and wealth management, where he founded and managed its global private equity fund of funds business.

"We are very pleased that Chuck is joining us to lead our existing private equity fund investing team, which operates from offices in both Europe and the U.S.," said Louis Brenninkmeijer, Co-Chairman of Bregal. "We are looking to build a well-diversified portfolio of premier private equity fund investments, based on a disciplined, 'bottom-up' investment process that emphasises in-depth fundamental research, strict attention to downside risk, and creating value-added partnerships with fund managers."

About Bregal Investments

Bregal Investments is an international investment firm that focuses on the middle-market buyout and private equity sector in the U.S. and Europe. The company was formed in 2002 to formalise the private investment activities of Cofra Holding AG, a private Swiss-based family company. Bregal is building its private equity portfolio through investments in private equity funds that are leaders in their field.

Source: Bregal Investments LP

Contact: Sandi Landau, Bregal Investments, tel +1 212 573 6233, Contact: slandau@bregal.com

Web site: http://www.bregal.com

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