HISPANIA CAPITAL PARTNERS LAUNCHES FIRST HISPANIC FOCUSED PRIVATE EQUITY FUND

HISPANIA CAPITAL PARTNERS LAUNCHES FIRST HISPANIC FOCUSED PRIVATE EQUITY FUND



SHARE THIS ARTICLE

CHICAGO–(HISPANIC PR WIRE – BUSINESS WIRE)–May 15, 2003–Hispania Capital Partners (HCP) today announced the launch of the first private equity fund focusing on the U.S. Hispanic market. With up to $70 million under management, HCP, an SBIC licensed by the U.S. Small Business Administration, will identify investment opportunities among Hispanic-owned companies, as well as those providing goods and services to Latinos, one of the fastest growing sectors in the nation. The announcement was made by, Victor L. Maruri and Carlos L. Signoret, founding principals of HCP.

Hispania Capital’s mission is to generate optimum returns for investors by capitalizing on the unique investment opportunities presented by companies serving the the growing U. S. Hispanic sector, a strategy supported by powerful long-term demographic and socio-economic trends.

HCP’s vision is shared by some of the most respected names in American business, its investors: Verizon Communications, Bank One, MBNA, Wells Fargo, Webster Bank, La Salle Bank, Citigroup, Key Bank, JP Morgan Chase, as well as a number of individuals, including the principals. HCP is further strengthened by valuable infrastructure support and technical assistance from joint venture partner Duff & Phelps, a nationally recognized leader in advisory services to family-owned companies, since 1932. From inception, the United States Hispanic Chamber of Commerce in Washington, D.C., has served as an important sponsor of the fund. It will continue to connect HCP to more than one million Hispanic-owned companies in the U.S. through its membership network of 200 regional chambers, throughout the country.

“Underpinned by strong and sustainable demographic characteristics, the U.S. Hispanic market contains attractive investment opportunities. Hispania Capital Partners is specifically positioned to identify and invest in these opportunities while providing a valuable service to our communities.” Victor L. Maruri

“We are looking to form partnerships with management of established companies providing growth capital and financial support that will enable these companies to accelerate their growth and build critical mass in this dynamic and competitive market.” Carlos L. Signoret

Hispania Capital Partners is a Chicago based investment company operating under the Small Business Investment Act and providing equity investments to middle market companies serving the U.S. Hispanic community nationally.

–30–EG/mi*

CONTACT:

Hispania Capital Partners, Chicago

Victor L. Maruri, 312/697-4590

or

Carlos L. Signoret, 312/697-4595

HISPANIA CAPITAL PARTNERS LAUNCHES FIRST HISPANIC FOCUSED PRIVATE EQUITY FUND