Announcing 'Dresdner Kleinwort Capital'.Business Editors NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & LONDON--(BUSINESS WIRE)--Jan. 18, 2001 Growth plan includes the acquisition of other PE fund management companies following the acquisition of software/IT VC investment firm Elderstreet Investments Ltd in Nov 2000. With effect from today, the business formerly known as Dresdner Kleinwort Dresdner Kleinwort (DKIB) is the investment bank of Dresdner Bank AG, part of Allianz since July 2001. Headquartered in London and Frankfurt and with an international network including offices in the financial centres of New York and Tokyo, Dresdner Kleinwort provides a wide range Benson Benson may mean: Places in England:
American playwright noted for her comedies, such as The Heidi Chronicles (1988), for which she won a Pulitzer Prize. , the investment banking division of Dresdner Bank Dresdner Bank AG is one of Germany's largest banking corporations and is based in Frankfurt. History 19th century Dresdner Bank was established on 12 November 1872 through the conversion of financial institution Michael Kaskel. AG. DrKC's strategy includes: - Growth organically and by acquisition to double the scale of the business over the next 2-3 years; - Further recruitment to augment existing US and European buy-out and venture capital activities, as well as DrKC's Central European team during 2001; - Enhanced specialisation with the launch of several new sector-specific funds building upon strong track records in telecom, technology and life science investments; - Actions to broaden DrKC's existing geographic coverage in LBO's/MBO's in Western Europe; - Expansion of DrKC's existing fund of funds and certain emerging market activities; and - Greater emphasis on raising third party capital to complement allocations of Dresdner's own capital. Christopher Wright
Christopher Wright (1570 - 8 November 1605) was one of the conspirators in the Gunpowder Plot, an unsuccessful attempt by a group of , Global Head of Dresdner Kleinwort Capital, comments, "Private Equity is growing as an important asset class among institutional and high net worth investors. We have the essential building blocks in place to build our business in this market while maintaining our ability to achieve historically high, risk-adjusted returns Risk-Adjusted Return A measure of how much risk a fund or portfolio takes on to earn its returns, usually expressed as a number or a rating. Notes: This is often represented by the Sharpe Ratio. The more return per unit of risk, the better. . We expect enhanced deal flow opportunities following the integration of Wasserstein Perella with Dresdner Kleinwort Benson." At this stage, the new brand name Dresdner Kleinwort Capital will not affect legal and trading entities which remain unchanged. Notes for editors: About Dresdner Kleinwort Capital Dresdner Kleinwort Capital is the new brand name being introduced in January January: see month. 2001 for Dresdner Kleinwort Benson Private Equity and is the sole private equity business of Dresdner Kleinwort Wasserstein, the Investment Banking division of the Dresdner Bank Group. Dresdner Kleinwort Capital currently has in excess of US$4 billion in equity and mezzanine funds A mezzanine fund is a type of private equity or merchant banking fund. A typical mezzanine investment consists of a debt or debt-like instrument, paired with an equity “sweetener. under direct and co-advisory management globally and fifteen investment teams managing investments in medium sized LBO/MBO/MBI, emerging growth and VC stage transactions across Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). , Central & Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , the Americas and Asia. Investments are made with Dresdner Bank capital and funds committed by third parties to investment vehicles sponsored or co-sponsored by Dresdner Kleinwort Capital. DrKC employs 165 people in 15 locations. For more information see website - http://www.dresdnerkc.com Details of the legal and trading entities for Dresdner Kleinwort Capital are listed below.
Team Management Company Name
LBO/MBO/MBI country teams:
(Beteiligungsgesellschaft fur die deutsche Wirtschaft mbH
(BdW)
Dresdner Kleinwort Benson Private Equity Limited
Dresdner Kleinwort Benson Advisory S.p.A.
Dresdner Kleinwort Benson Equity Partners Spain SL
Central & Dresdner Kleinwort Benson C&EE Private Equity Partners LP
Asi Dresdner Kleinwort Benson Private Equity Managers LLC
Kleinwort Benson Limited
Kleinwort Benson China Management Limited
Venture Capital/Sector teams:
Technology
Europe Elderstreet Investment Limited
Japan Dresdner Kleinwort Benson Advisory Services Private
US Limited
Telecoms Dresdner Kleinwort Benson Private Equity (Managers) LLC
European Media Kleinwort Benson Limited
Life Sciences Kleinwort Benson Limited
Power Dresdner Kleinwort Benson Life Science Partners LP
DKB/EIF Group LLC
Third Party Investments:
Euro Plafond Dresdner Kleinwort Benson Beratungs GmbH
US Plafond Dresdner Kleinwort Benson North America LLC
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