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SLEEPZ AG — Fund Information / Factsheet 2007
Apr 25, 2007
5817_rns_2007-04-25_8ca4e0df-a6c0-48aa-a498-9f5b56a10c0b.html
Fund Information / Factsheet
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Corporate | 25 April 2007 10:30
bmp AG: Start of the König & Cie. II Private Equity Fund of Funds
bmp AG / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer is solely responsible for the content of this announcement.
bmp Funds Management: Start of the König & Cie. II Private Equity Fund of
Funds
- Five target funds with a volume of 17 million EUR already acquired for
the marketing start. - Prospect approved by BaFin.
Berlin, 25.04.2007
Following the successful placement of the first joint private equity fund
of funds, the investment company König & Cie. of Hamburg and bmp (ISIN
DE0003304200) conceived the successor fund König & Cie. II International
Private Equity. The prospect of the new fund has already been approved by
BaFin. The proven investment concept of the predecessor fund will be
maintained consistently.
The fund of funds managed by bmp was able to acquire holdings in attractive
and exceptionally difficult to acquire target funds:
- 2.5 million USD with Asia Alternatives Capital Partners
- 5 million USD with Draper Fisher Jurvetson IX
- 4 million EUR with Carlyle European Partners III
- 5 million USD with KKR 2006 Fund
- 4 million EUR with Terra Firma Capital Partners III
Asia Alternatives Capital Partners is a fund of funds that invests in up to
20 different Asian private equity funds. In doing so, they cover the
markets of China, India, Japan, Australia, Korea, and Southeast Asia. The
spectrum of the target fund comprises venture capital, growth capital, and
buyouts. The team was formed last year and has offices in Hong Kong and San
Francisco. The three founders are of Asian origin and have many years of
experience in direct investments and fund investments in Asia. Past
employers include Hellman & Freeman, Goldman Sachs, Warburg Pincus, Pacific
Venture Partners and the World Bank.
Draper Fisher Jurvetson IX (DFJ IX) is a classic venture capital fund with
headquarters in Silicon Valley. Their investment strategy comprises early
phase growth financing in technology companies in the IT, nanotechnology,
cleantech, and life science sectors. In addition to the focus in the USA,
investments in India and China are also being planned. Since the
spectacular sale of the portfolio company Hotmail to Microsoft in 1998, DFJ
has established itself in the leading group of venture capital investors
worldwide. Their more recent mega successes include Skype (sale to eBay),
BAIDU (IPO) and Focus (IPO). Tim Draper, the founder of DFJ, is probably
the only third generation venture capital investor in the world.
The holdings with Carlyle European Partners III involve Carlyle’s new funds
for European buyouts in the midsize and large transaction segment. There is
also concomitant participation with a small fraction in Carlyle’s USA
transactions. The predecessor fund Carlyle European Partners II may be one
of the most successful buyouts funds in Europe of all time.
By choosing this target fund, the investor in the König & Cie. fund will
participate right from the start in attractive enterprises such as
ProSiebenSat.1, Kion, and the semiconductor branch of Philips (NXP).
As did its predecessor, the new König & Cie. Fund of funds is expected to
have a volume between 35 and 42 million EUR and to participate in 5–15
target funds. To this end, the portfolio should be widely diversified.
Buyout and venture capital funds investing in Europe, North America, and
Asia shall be combined in a single portfolio, which shall be balanced over
currencies and geographical areas, as well as company size classes and
phases.
According to Ralph Günther of the bmp AG executive board, who is in charge
of the Private Advisory Company at bmp, 'König & Cie.’s decision once again
to have the new fund managed by bmp is a testimony to our performance with
the first fund, which thanks to its past performance may be among the top
in Europe.'
About bmp:
As an internationally active private equity company, bmp invests its own as
well as third party funds directly in venture capital holdings while at the
same time acting as a fund manager for funds of funds and as a private
equity advisor.
For further information:
bmp AG
Corinna Riewe
Investor Relations
Schlüterstraße 38
10629 Berlin
Tel: 030-20 30 5-567
Fax: 030-20 30 5- 555
E-mail: [email protected]
Internet: www.bmp.com
This issue of Corporate News represents neither an offering nor a request
for the tendering of bids for the purchase of securities – particularly not
in the US and not in any countries or jurisdictions in which offers,
requests for the tendering of bids for purchases or for sales would not be
permitted without previous registration or approval in accordance with the
stipulations of the respectively applicable securities regulations.
This issue of Corporate News represents neither an offer for the sale of
individual proprietary shares nor a request for the submission of an offer
for the purchase of individual shares; it is intended solely for
information purposes.
DGAP 25.04.2007
Language: English
Issuer: bmp AG
Schlüterstraße 38
10629 Berlin Deutschland
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-532
E-mail: [email protected]
www: www.bmp.com
ISIN: DE0003304200
WKN: 330420
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf;
Foreign Exchange(s) Warschau
End of News DGAP News-Service