24 Oct 2005 16:55
Bear Stearns Private Equity Limited24 October 2005 Bear Stearns Private Equity Limited HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU Regulatory News ServiceLondon Stock ExchangeLondonEC4M 7LS 24 October, 2005 Dear Sir, BEAR STEARNS PRIVATE EQUITY LIMITED Following the initial launch of the Fund in June 2005, the Board of Bear StearnsPrivate Equity Limited announces that the Company is considering, in the absenceof unforeseen circumstances, a further placing and offer for subscription of theZero Dividend Preference Share Class, the Equity Share Class and the PackagedUnits. The proposed new issue is in response to both new investor and existingshareholder demand. Proceeds will be used for general investment purposesincluding both new primary private equity fund allocations as well asopportunistic secondary purchases. END This information is provided by RNS The company news service from the London Stock Exchange