Largest Undrawn Commitments

Below are the largest 20 managers by undrawn commitments in the PIP portfolio as at 31st December 2012.

Number Manager Region Stage Bias % of Outstanding
Commitments
1 Texas Pacific Group Global Buyout 8.4%
2 CVC Capital Partners Europe Buyout 3.6%
3 Carlyle Group Global
Generalist 3.4%
4 Hutton Collins Europe
Special Situations
2.9%
5 Clessidra Capital Partners Europe
Buyout 2.7%
6 GrandBanks Capital USA Venture & Growth
2.7%
7 ABS Capital Partners USA
Venture & Growth 2.6%
8 Summit Partners Global
Venture & Growth 2.4%
9 Unison Asia & Other
Buyout
1.9%
10 Equistone Europe
Buyout 1.7%
11 Vision Capital Europe
Buyout
1.7%
12 Private Equity Partners Europe Buyout
1.6%
13 Churchill Capital Partners USA Buyout 1.3%
14 Unitas Asia & Other Buyout 1.3%
15 Pfingsten Partners USA Buyout 1.2%
16 Mid-Europa Partners Europe
Buyout 1.1%
17 Gemini Israel Funds Europe Venture & Growth 1.0%
18 Golden Gate Capital USA
Buyout
1.0%
19 Apax Partners Europe Buyout 1.0%
20 Arcadia Europe Buyout 1.0%
 
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NAV/Share 1,272.8p at 30th Apr 2013