Thursday, May 31, 2007

Stamford, CT based Olympus Partners is pleased to announce the formation of its fifth private equity fund, Olympus Growth Fund V, L.P. Olympus formed the fund with $1.53 billion of capital commitments from its institutional investors. Including the new Fund, Olympus now manages over $3 billion on behalf of leading corporate pension plans, state retirement plans, endowment funds and foundations.

Founded in 1988 Olympus Partners is a private equity investment firm providing equity capital for middle market management buyouts and for companies needing expansion capital. Olympus invests the equity capital in a variety of industries, including healthcare services, financial services, consumer products and business services. Recent investments include Symmetry Medical Inc., a NYSE traded orthopedic manufacturer and Talbot Holdings PLC, a leading underwriter operating in Lloyds of London.

Managing Partner, Rob Morris remarked, “We are very pleased and grateful for the continued support of our investors, many of whom have been with us the nearly twenty years since our formation.”

Dewey Ballantine acted as counsel for Olympus on the fund formation.

News Olympus Raises $1.5 billion For Olympus Growth Fund V, L.P.