Information  X 
Enter a valid email address

Bear Stearns Priv Eq (JPEL)

  Print      Mail a friend

Monday 24 October, 2005

Bear Stearns Priv Eq

Offer for Subscription

Bear Stearns Private Equity Limited
24 October 2005


Bear Stearns Private Equity Limited

HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU

Regulatory News Service
London Stock Exchange
London
EC4M 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 Stearns
Private Equity Limited announces that the Company is considering, in the absence
of unforeseen circumstances, a further placing and offer for subscription of the
Zero Dividend Preference Share Class, the Equity Share Class and the Packaged
Units.

The proposed new issue is in response to both new investor and existing
shareholder demand. Proceeds will be used for general investment purposes
including both new primary private equity fund allocations as well as
opportunistic secondary purchases.

END


                      This information is provided by RNS
            The company news service from the London Stock Exchange            KPABDDKKB