| | | | Bancroft 3, L.P. has had its first closing in June 2008. The fund has a targeted size of EUR 250 million. Like its predecessor fund, Bancroft II, this fund is organized to make private equity investments in Central Eastern Europe, the Baltic countries, the Balkans, and Turkey, and in addition we will consider transactions in Greece, Central Asia and the Caucasus. | | Bancroft 3 is seeking equity or equity type investment opportunities in strategic and mature companies, led by experienced management teams with successful track records. The expected size of each investment is in the range of EUR 10 - 30 million. | | Bancroft 3's general partner is an affiliate of The Bancroft Group, L.P., an investment advisory firm doing business in Eastern Europe since 1989. | | Investors in Bancroft 3 are a mixture of limited partners from Bancroft 2 plus new investors. | | |
