Please note the following statement issued in June 2013

In 2005, Andreas Hoefner, Siegmar Thakur-Weigold, and Warburg Bank founded Warburg Alternative Investments AG (WAI) headquartered in Zurich. In the last seven years, WAI has successfully executed transactions in the alternative segment space, placing a total nearly US$ 2bn with institutional investors in Germany and Switzerland.

Following Andreas Hoefner's departure at the end of 2012, Siegmar Thakur-Weigold has taken over the remaining equity from Warburg Bank, assuming responsibility as sole owner. The company's new name will be WAI Alternative Investments AG.

The Warburg Group and WAI have agreed to pursue a close and friendly cooperation. As such, all vehicles set up by WAI will continue to be administered exclusively by members of the Warburg Group.