O'Melveny Advises Egeria on Successful Fund Closing

LONDON, July 2008 - O'Melveny recently advised Egeria, a leading Dutch mid-market private equity house, on the successful first close of its third fund, Egeria Private Equity Fund III. The fund, which has already closed on Euro 260 million (approximately US$414 million) in commitments, expects to hit its hard cap of Euro 300 million (approximately US$477 million) within the next few weeks and will continue Egeria's successful country specific, mid-market strategy.

A London-based O'Melveny team led the structuring and negotiation of commercial terms. The team's ability to partner with local law firms to deliver bespoke onshore/offshore split structures was critical to the success of the project, since the fund structure included both a Dutch coop for onshore Dutch investors, and a Guernsey partnership for non-Dutch investors.

The O'Melveny team advising Egeria was led by counsel James Ford, with support from partner John Daghlian, and also included associate Lynn Chan. Partner Luc Moritz (LA) and associate Justin Bowen (LA) advised on US tax issues, and counsel Bruce Goldberger (NY) assisted with ERISA issues. Loyens & Loeff acted as Dutch counsel to Egeria.

July 16, 2008

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