Credit Suisse Investment Banking Pitch Book
CONFIDENTIAL
Potential Sources of Funding
Blackstone Group
Thomas H. Lee
LARGE-SCALE INDEPENDENT PRIVATE EQUITY FUNDS
LARGEST
FUND
SIZE TRANSACTION TRANSACTION TOTAL EQUITY
(SBN) IN PORTFOLIO SIZE (SBN) CHECK (SBN)
$0.9
TRW Automotive
Warner Chico
$1.3
Texas Pacific
Group
Warburg Pincus
KKR
Carlyle Group
Apollo
Welsh Carson
Bain Capital
CD&R
JP Morgan Capital
Partners
DLJ Merchant
Banking
CVC
Note:
Goldman Sachs
Capital Partners
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
$6.3
$5.4 Metro-Goldwyn-Mayer
$3.3
$5.1
Nalco Holding
$2.7
$4.1
$7.1
$5.0
$7,1
$2.6
$4.9
$3.0
$1.6
LARGEST
TRANSACTION TRANSACTION TOTAL EQUITY
IN PORTFOLIO SIZE($BN) CHECK (SBN)
$5.1
$4.2
NA
50.5
$1.5
50.5
$1.6
$1.1
NA
NA
31.6
$1.1
Fomica Corp
$1,1
NA
Saturn fund size is 53.68N Sehun's largest transaction is UGS ($21BN transaction
size $1.08N 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 $4BN of new high yield
issuance
► The new issue market was extremely active
with $2.3 billion in new issuance for the week
ended January 21, 2005
▪ For 2004, 666 deals priced raising $173
billion in proceeds
▪ 2004 was a record year in terms of number
of deals priced and proceeds
. There is currently $6.0 billion of announced
deals in the forward calendar
AMG reported $439 million of outflows from
High Yield Mutual Funds this week
15View entire presentation