PROJECT

Projects

Summary of Proposed Investment

Project Number

24852

Company Name

The Marbleton Property Fund LP

Date SPI Disclosed

Feb 27, 2006

Country

Eastern Europe Subregion

Industry

other

Projected Board Date

Mar 31, 2006

Status

Completed

Sector

Private Equity/Venture Cap Fund - Sector

Date Revised SPI Disclosed

Feb 28, 2006

Department

Equity Portfolio Management

Environmental Category

FI

Previous Events

Approved : Jun 9, 2006
Signed : Jun 14, 2006
Invested : Jul 11, 2007

Project Description

An investment of up to $20 million in the Marbleton Property Fund, L.P. (“Marbleton” or the “Fund”), a new fund that will invest in a diversified portfolio of real estate projects in Russia, Ukraine and other Commonwealth of Independent States (“CIS”) countries. The Fund has a target size of $150-200 million in Limited Partner commitments and will be managed by a team of senior professionals from JER Partners (“JER”) and Alfa Capital Partners (“ACP”) (collectively, the “Sponsors”).

Sponsor / Cost / Location

Development Impact