8th Jan 2008 08:42
Princess Private Equity Holding Ltd08 January 2008 News Release Guernsey, 8 January 2008 Princess invests in AWAS Aviation Holding Princess Private Equity Holding Limited ("Princess") invested EUR 4.5 million inAWAS Aviation Holding in December 2007 alongside lead investor Terra Firma. AWASwas founded in 1985 and, subsequent to the acquisition of Pegasus AviationCompany in June 2007, Princess participated in a round of additional financingby Terra Firma. The merged company is the world's third-largest aircraft leasingand trading company and has 129 airline customers situated around the world.AWAS is headquartered in Dublin and has offices in New York, San Francisco,Miami, Singapore and Buenos Aires. The company owns and manages a fleet of over300 aircrafts including Airbus, Boeing and Fokker aircrafts. Urs Wietlisbach, Director of Princess, comments: "The investment in AWASrepresents another promising opportunity for Princess, which was made possibledue to the amended investment policy that allows for direct investments up to30% of the portfolio in addition to primary and secondary fund investments. Theamendments have enabled Princess to gain a diversified direct exposure to 13private companies so far, including Universal Hospital Services, The Reader'sDigest Association and Ferretti." About Princess: Princess is an investment holding company founded in 1999 and domiciled inGuernsey that invests in private equity and private debt investments. TheCompany is advised in its investment activities by Partners Group, a globalalternative asset management firm listed on the SWX Swiss Exchange (tickersymbol: PGHN) with CHF 22 billion (as of 30 June 2007) in private equity,private debt, private real estate, listed alternative strategies, hedge fundsand alternative beta strategies under management. Princess aims to provideshareholders with long-term capital growth and an attractive dividend yield.Princess is traded on the Frankfurt Stock Exchange (ticker symbol: PEY1) and onthe London Stock Exchange (ticker symbol: PEY) with a market capitalization ofapproximately EUR 550 million. Further information:www.princess-privateequity.net Contacts: Princess Private Equity Holding Limited:Brian HumanManaging DirectorPhone: +44 1481 730 946princess@princess-privateequity.netwww.princess-privateequity.net Media Relations and Partners Group:Tamara KrebsCommunicationsTel.: +41 41 768 85 [email protected] This document does not constitute an offer to sell or a solicitation of an offerto buy or subscribe for any securities of Princess Private Equity HoldingLimited or any Co-ownership Interests in any jurisdiction. No offer ofsecurities of Princess Private Equity Holding Limited or Co-ownership Interestsis being, or will be, made to the public. The distribution of this document maybe restricted by law in certain jurisdictions. Persons into whose possessionthis document comes must inform themselves about, and observe any suchrestrictions on the distribution of this document. In particular, this documentand the information contained therein is not for distribution or publication,neither directly nor indirectly, in or into the United States of America,Canada, Australia or Japan. Neither the Ordinary Shares nor the Co-ownership Interests have been and will beregistered under the United States Securities Act of 1933 as amended (the''Securities Act''), and, subject to certain exceptions, may not be offered orsold within the United States or to, or for the account or benefit of, USpersons (as such term is defined in the Regulation S under the Securities Act). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Partners Grp E