Credit Suisse Investment Banking Pitch Book
CONFIDENTIAL
Potential Sources of Funding
LARGE-SCALE INDEPENDENT PRIVATE EQUITY FUNDS
FUND
LARGEST
SIZE TRANSACTION TRANSACTION TOTAL EQUITY
(SBN) IN PORTFOLIO SIZE (SBN) CHECK (SBN)
50.3
TRW Automrotive
Warner Chico
$1.3
Blackstone Group
Thomas H. Lee
Texas Pacific
Group
Warburg Pincus
KKR
Carlyle Group
Apollo
Welsh Carson
Bain Capital
CD&R
JP Morgan Capital
Partners
DLJ Merchant
Banking
Goldman Sachs
Capital Partners
CVC
Note:
56.1
CREDIT FIRST
SUISSE BOSTON
$5,3 Metro-Goldwyn-Mayer
Eircom plc
Panamsat
Dex Media
Intelsal
Dex Media
Warner Music
Race SA
46.1
$3.9
$3.8
$3.0
$3.4
$2.6
Equity Funding
FUND
SIZE
(SBN)
INVESTMENT BANK AFFILIATED PRIVATE EQUITY FUNDS
46.3 Unisource Energy
56.3
$64 Metro-Goldwyn-Mayer
$3.3
$5.1
Naico Holding
$2.7
$4.1
$7.1
$5.0
$7,1
$2.6
$4.9
$1.6
$3.0
NA
50.5
LARGEST
TRANSACTION TRANSACTION TOTAL EQUITY
IN PORTFOLIO SIZE($BN) CHECK (SBN)
$1.5
50.5
$1.6
$1.1
NA
NA
$1.6
$1.1
Fomica Corp.
NA
Saturn fund size is $3.68N Largest transaction is UGS ($2.18N transaction size
$1.0BN equity check)
Approximate size of most recently raised fund. Source: Capital 10
Debt Funding
The current market indicates that it has the
ability to raise over $3BN of new high yield
issuance
► The new issue market is extremely active with
$6.9 billion in new issuance for the week ended
December 10, 2004
• Year to date 636 deals have priced raising
$165 billion in proceeds
▪ November and the first two weeks of
December have shown a resurgence in new
issue activity
▪ The forward calendar continues to build and
currently stands at $5.5 billion
▸ AMG reported $111 million of outflows from
High Yield Mutual Funds this past week;
however, this is the first week of outflows in the
last sixteen weeks
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