About Argan Capital
Argan Capital is an independent private equity fund focusing on acquiring and developing European mid-cap companies. With offices in London, Milan, Paris and Warsaw, Argan Capital seeks to acquire companies in the industrial, services and consumer sectors, creating value through active ownership and focus on revenue growth, improvement of core processes, industrial transformation and international development. The Argan Capital team comprises 12 professionals and is led by the Managing Partners Wojciech Goc, Carlo Mammola and Lloyd Perry. The team has developed a particularly strong presence and portfolio of company investments in Italy, France, the Nordic countries and Central Europe.
With financial commitments from large pension funds, insurance companies and fund of funds managers from both the US and Europe, Argan Capital finalised in October 2006 the closing of its first independent fund, following its spin-out from Bank of America.
About Merrill Lynch Global Private Equity
Merrill Lynch Global Private Equity is the private equity arm of Merrill Lynch & Co., Inc.
Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies, with offices in 40 countries and territories and total client assets of approximately $1.5 trillion at September 26, 2008. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide. Merrill Lynch owns approximately half of BlackRock, one of the world's largest publicly traded investment management companies, with approximately $1.3 trillion in assets under management at September 30, 2008. For more information on Merrill Lynch, please visit www.ml.com.
For further information please contact:
For Argan Capital: Mariaelena Giusepi Tel.: +39 02 7202 571
For Merrill Lynch Global Private Equity: Victoria Garrod Tel.: +44 (0)20 7995 4437