Jz Capital Regulatory News (JZCP)

JZ CAPITAL PARTNERS LTD - First Close of JZI Fund III

PR Newswire

London, September 1

JZAI RAISES €237 MILLION FOR NEW EUROPEAN FUND

~ Focus on investing in growth company platforms in the Western European lower middle market ~

2 September 2015

Jordan/Zalaznick Advisers, Inc. (“JZAI”), the investment adviser to JZ Capital Partners Ltd. (LSE: JZCP.L or “JZCP”), the London listed fund that invests in US and European microcap companies and US real estate, is pleased to announce that it has raised €237 million in its first round of fundraising for JZI Fund III, L.P. (“Fund III”), the successor fund to the EuroMicrocap Fund 2010, L.P. (“Fund II”).

JZCP has committed €75 million to Fund III. In addition, JZCP’s co-founders and investment advisers, David Zalaznick and Jay Jordan, along with the European management team have committed €25 million. The balance of the €237 million first close has been committed by several leading institutional investors and family offices.

Fund III will enable JZCP to expand and diversify its investment portfolio in Western Europe. Fund III will invest principally in lower middle market companies in Western Europe, focusing on businesses with enterprise values between €15 million and €150 million and the ability to generate EBITDA of €5 million to €20 million per annum.

As part of the transaction, three pre-agreed investments will be transferred to Fund III from Fund II, including: Fincontinuo, a niche consumer finance company in Italy; Petrocorner, a petrol station build-up in Spain; and S.A.C, a van leasing company in Denmark.

Commenting on the closing, David Zalaznick said: “We see significant opportunities to partner with management teams in growth company platforms in Western Europe. We expect to continue investing in financial services, business process outsourcing and niche manufacturing companies and build on our sixteen year history of value-oriented investing in our core European markets, which are Spain, Italy, the UK, Germany and Scandinavia.”

Ends

For further information:

Ed Berry / Kit Dunford +44 (0) 20 3727 1143FTI Consulting

David Zalaznick +1 212 485 9410Jordan/Zalaznick Advisers, Inc.

Franczeska Hanford +44 (0) 1481 745918JZ Capital Partners, Ltd.

About JZCP

JZCP is a London listed fund which invests in high quality US and European microcap companies and US real estate. Its objective is to achieve a superior overall return comprised of a current yield and significant capital appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc. (“JZAI”) which is led by David Zalaznick and Jay Jordan. They have worked together for 30 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI’s experts work with the existing management of microcap companies to help build better businesses, create value and deliver strong returns for investors. JZCP also invests in mezzanine loans, first and second lien investments and other publicly traded securities. For more information please visit http://www.jzcp.com/.