Miura maiden fund makes final closing at EUR100m

Fund

Miura Private Equity has reached the final closing of its first fund, Miura Fund I, at approximately EUR100m. The fundraising period, which started in June last year, was finished in May with the incorporation of the last investors after a first closing of EUR80m in February this year (March 2008, page 06).

Investors

Investors include institutional and private LP's from Spain, France, Switzerland, the Netherlands and the US. Given the strong interest during the fundraising period, with total commitments well above EUR100m, initial investors' commitments have been redistributed in order to reach a more diversified and balanced investor base.

Miura Fund I has commitments from a wide variety of bacckers, including institutional investors such as BBVA and Massena Capital Partners, and private investors such as Reig Capital Group, Andosins Capital, Botet Family Office and Stevenson Family Investments.

Investments

The objetive of the fund is to invest in mid-size companies over the next four to five years, mainly in Spain and Portugal. The firm has confirmed it is already negotiating with several companies.

People

This is the first fund under the management of Miura Private Equity, a GP founded in mid-2007 by former Principal at Nazca Private Equity Luis Segui and Juan Leach, former Executive Director at JP Morgan. Other members of the team include chairman Juan Rosell and associattes Jordi Alegre and Javier Torres, who joined Miura from Mercapital and Goldman Sachs respectively.

Name: Miura Fund I

Closed on: cEUR100m, May 2008

Focus: Spain, Portugal

Contact: Luis Segui

Address: Miura Capital Partners, Paseo de Gracia, 79 Principal 1a, 08008 Barcelona, Spain

Tel: +34 932 723 440

Fax: +34 932 723 445.

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• Southern Europe