Performance of Our Private Equity Funds

Over our 32-year history we have steadily achieved above-market returns through our disciplined investment approach, which seeks to generate large multiples of invested capital and attractive gross internal rates of return.  We focus on fundamentals and implementing operational and strategic changes that allow us to create and realize long-term value in our portfolio companies.  Our consistent results demonstrate the strength of our capital base, infrastructure, skill set, global network and industry and operating expertise.  We believe that our leading position in the alternative asset management industry is due to the strategies we have created for sourcing investments and creating value for stakeholders.

The following charts present information concerning the amount of capital invested and the amounts of realized and unrealized returns generated by our traditional private equity funds as of December 31, 2007.
 

The following chart shows our cumulative distributions to investors over the past five years.