Altira AG / Miscellaneous 17.02.2010 08:41 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ++ Clearsight fundraising a success ++ Proceeds of EUR 95 million exceed expectations ++ New international institutional investors and family offices gained as investors Altira AG ('Altira Group') has achieved fundraising success in its 'German 'Mittelstand' & Restructuring' business area. Clearsight Investments AG ('Clearsight'), Zurich, which was established in mid-2008 and is 40% owned by the Altira Group, raised EUR 95 million for its first fund-of-funds, CLEARSIGHT Turnaround Fund I, L.P., thereby significantly exceeding its target volume of EUR 80 million. Well-known international institutional investors and family offices were gained as new investors. Clearsight specialises in providing fund-of-funds solutions in the private equity sector, offering investors access to the highly restricted and strongly fragmented corporate restructuring market. Michael Rieder, CEO of the Altira Group: 'Private equity for corporate restructuring is attracting greater interest from investors, primarily due to the current recessionary market environment, but also because of its attractive risk-return profile. The marketing success achieved by CLEARSIGHT Turnaround Fund I, L.P., is also a confirmation of the Altira Group's business model. Independent investment teams with their own brands are supported by the Altira Group's institutional infrastructure in areas such as controlling/risk management, legal, marketing/distribution, product management, human resources and IT.' ++ About Altira Group The Altira Group is an owner-managed, listed asset management company that focuses on alternative investment strategies for institutional and private investors. The Altira Group focuses on both established and newly developing growth markets. The specialised knowledge and many years of experience of the Altira Group's investment teams allows them to apply an active investment approach ('high alpha strategies') to achieve sustainable above-average returns in these markets. Contact: Altira Aktiengesellschaft Olaf Meier Head of Investor Relations Phone: +49 69 719 12 80 123 E-mail: olaf.meier@altira-group.de 17.02.2010 08:41 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Altira AG Grüneburgweg 18 60322 Frankfurt / Main Deutschland Phone: +49 (0)69 719 12 80 - 00 Fax: +49 (0)69 719 12 80 - 011 E-mail: info@altira-group.de Internet: www.altira-group.de ISIN: DE0001218063 WKN: 121806 Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Altira Group: Clearsight fundraising a success - Proceeds of EUR 95 million exceed expectations
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