07/16/2007

The Private Equity Fund Tribeca Fund I, Opens for Investment


30-day investment period, after which the fund will be closed and the resource management period will initiate.

Bogotá, D.C., July 16, 2007 – The investment management company Tribecapital Partners S.A., after receiving authorization to commence operations from the Financial Superintendence of Colombia, announced the constitution of its first private equity investment fund, Tribeca Fund I.
Starting today, interested investors have 30 days to invest in Tribeca Fund I. On August 14, 2007 (when the initial public issue expires), the fund with the existing investors will be closed, initiating the resource management period. According to Luc Gerard, President of Tribecapital Partners, the outlook “is very encouraging because we are backed by large corporate investors, as well as individuals, who are very interested in being part of the fund. In addition, we are carrying out one of our main objectives, which is to position Colombia as a primary entry point when large investors think about investing in Latin America. Our dream is for Bogotá to become for Latin America what London is to Europe.”
Tribecapital Partners plans to make long-term investments in companies with a high growth potential by acquiring all or a controlling stake in the company’s shares. Currently, this management company has focused its activities in Colombia and Latin America by creating an investment portfolio composed of corporations in the health sector such as EMI Colombia, EMI Antioquia, EMI Ecuador, Alerta Panamá, and Unidad Coronaria Médica in Uruguay, in the luxury goods sector with OndadeMar, and in technology with eBD. “The companies we acquire have special characteristics that allow the replication of their business model in other countries. By doing so, not only do we increase their coverage, but we also create synergies that produce greater growth and ultimately add value for our investors,” concluded Gerard.



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