Released on: October 18, 2007, 1:10 pm

Press Release Author: Invest Now News

Industry: Financial

Press Release Summary: Appia Capital’s top investment analyst has said that emerging
market private equity fundraising is on pace for a record this year, as $29bn
(€19.6bn) was collected in the first eight months of 2007, more than 85% of the
total for all of 2006.

Press Release Body: Private equity funds focused on investing in the emerging
markets of Asia, Europe, Latin America, the Middle East and Africa raised $29bn
through to the end of August compared to $33.2bn for all of 2006, according to the
Emerging Markets Private Equity Association, an industry body.

Appia Capital’s Harold Jenkins said: “We expect 2007 to be another record-breaking
year for emerging market private equity fundraising. A number of funds held
significant closes later in the summer, and several large funds are expected to
close by year’s end.”

Latin American funds raised $1.4bn in the first six months of this year with the
addition of two $1bn-plus closes in July.

Web Site: http://www.appiacapital.com

Contact Details: 67, Posidonos Ave.,
16674 Glyfada,
Athens,
Greece

Tel No: +30 211 268 6874
Fax No: +30 211 268 6718

E-mail: information@appiacapital.com
Web: www.appiacapital.com