Lyceum Capital Fund II Closes on GBP 255 Million (US$496 Million)



    Atlantic-Pacific Capital, Inc., is pleased to announce the final
    closing of Lyceum Capital Fund II ("Fund II") on GBP 255 million
    (US$496 million). Lyceum´s target for the fund was GBP 200 million.
    Fund II attracted commitments from over 20 institutions and family
    offices in the United Kingdom, the United States and continental
    Europe. Atlantic-Pacific Capital acted as the exclusive global
    placement agent.

    Lyceum Capital (the "Firm") is focused on lower middle-market
    companies headquartered in the United Kingdom. The Firm aims to make
    control investments in platform companies within fragmented services
    markets where a consolidation strategy can be pursued. Fund II is the
    first fund following the Firm´s spin-out from the investment banking
    business of Germany´s WestLB AG in May 2006. Since then, Lyceum has
    completed 16 acquisitions (comprising two platform acquisitions and 14
    add-on acquisitions) and successfully exited four investments.

    About Atlantic-Pacific Capital, Inc.

    With offices in North America, Europe and Asia, Atlantic-Pacific
    Capital, Inc., is the largest independent global placement agent
    solely dedicated to raising capital for alternative investment funds
    and direct private placement transactions. Typical projects include
    private equity, real estate and hedge fund placements, as well as
    private placement financings in support of acquisitions, buy-outs and
    growth capital transactions. Founded in 1995, Atlantic-Pacific has
    raised in excess of $33 billion for its clients and has developed
    relationships with over 4,000 alternative investors worldwide. For
    more information, visit www.apcap.com.

    About Lyceum Capital Partners, LLP.

    Lyceum Capital concentrates on building value in mid-market
    services businesses in partnership with management teams through
    investment in profits growth, market consolidation and strategic
    innovation. Lyceum Capital Fund I´s investments include Southern
    Cross, the elderly care homes group sold to Blackstone for GBP 167
    million in 2004 and listed in 2006; Asquith Schools, acquired by
    Cognita in 2004; Clinovia, the leading independent home healthcare
    company, sold in 2006 to BUPA for GBP 88 million and National
    Britannia Group Limited (NBG), one of the UK´s largest specialist
    providers of health and safety compliance services, to Connaught plc
    for GBP 92 million. Since 2000, Lyceum has acquired 41 companies
    including nine platforms in healthcare, education, outsourcing, social
    housing services, technology and industrial services. Lyceum Capital
    Fund I has, to date, returned GBP 347 million to investors and
    co-investors. For further information, please visit
    www.lyceumcapital.co.uk.