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ABN AMRO Capital named "Financial Sponsor of the Year - Mid-size Funds" by EVCJ


London, 2 March 2005 -- ABN AMRO Capital has been named 'Financial Sponsor of the Year - Mid-size Funds*' by the European Venture Capital Journal, in recognition of its exceptional deal activity across the European mid-market buy-out sector in 2004.

Last year ABN AMRO Capital completed 13 buy-outs with an aggregate deal value of EUR 2.8 bln (and an aggregate ABN AMRO Capital equity investment of EUR 431 mln), as well as 12 exits with total proceeds of approximately EUR 730 mln (deals listed overleaf).

Gerben Kuyper, Global Head of ABN AMRO Capital, said: 'We are delighted to have won this award. ABN AMRO Capital has a uniquely extensive European network and our buy-out teams across the region were active throughout 2004. I am very pleased that portfolio companies have benefited from our ownership, while also producing such solid returns for the bank, as well as investors in our managed funds.'

The award marks a successful shift in ABN AMRO Capital’ s strategy in 2002 from a mixed private equity model to focus on mid-market buy-outs, with consistently improved results. ABN AMRO Capital's net profit grew to EUR 271 mln in 2004 from EUR 104 mln in 2003.

ABN AMRO Capital is the global private equity business of ABN AMRO, with teams operating in 10 countries worldwide including the Netherlands, UK, France, Spain, Italy, Sweden and Australia.

Total funds under management (as at end Dec 04) by ABN AMRO Capital are EUR 1.9 bln, of which EUR 140 mln of capital is provided by international investors in ABN AMRO Capital managed funds in the UK and France. A fund is currently being raised in Australia.

Netherlands-based ABN AMRO is a leading international bank with total assets of EUR 608.6 bln (as at 31 December 2004). It has over 3,000 branches in more than 60 countries and territories, and has a staff of about 100,000 full-time equivalents worldwide. ABN AMRO is listed on the Euronext and New York stock exchanges.

ABN AMRO operates through three Strategic Business Units, each responsible for managing a distinct client segment. Wholesale Clients provides integrated corporate and investment banking services to corporate, institutional and public sector clients worldwide. Consumer & Commercial Clients focuses on retail and SME clients in three home markets - the Netherlands, the US Midwest and Brazil and in a number of selected growth markets. Private Clients & Asset Management provides private banking services to wealthy clients and investment products to financial intermediaries and institutional clients.

ABN AMRO's Wholesale Clients Strategic Business Unit provides integrated corporate and investment banking solutions to corporate, institutional and public sector clients in about 50 countries. WCS is structured in three Business Units (BUs) - Global Markets, Global Clients and WCS Services. Global Markets comprises of Fixed Income, Equities, FX & Futures, Commercial Banking and Private Equity. Global Clients comprises advisory specialists serving Corporate clients and Financial Institutions and Public Sector (FIPS) clients, as well as the Corporate Finance business and Origination specialists from Fixed Income and Equity Capital Markets. WCS Services provides back office and support services.


* Defined by EVCJ as firms that either have raised a fund of less than EUR 1 bln or have annual, evergreen or off balance sheet arrangements that give them access to less than EUR 1 bln over a 3-5 year period
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Publisher Contact Information:

ABN AMRO
+31 (0)20 628 6321
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