General Electric Insurance Plan Trust

Warburg Pincus focuses on investments in the following sectors: financial services, healthcare, energy, consumer/manufacturing/industrials and technology, media and telecommunications (TMT). The firm participates in venture capital investments, growth equity investments, spin-outs, LBOs and special situation opportunities. They invest primarily in North America, Europe and Asia.Warburg Pincus' financial services investments primarily focus on the following industries: (1) asset/wealth management (2) banks and depository institutions (3) exchanges (4) financial technology (5) growth companies, developing economies and new markets (6) insurance companies (7) payment and transaction processing companies (8) private banking and (9) specialty and consumer finance. The firm's healthcare investments focus mainly on medical devices, healthcare services, biotechnology, pharmaceuticals and European healthcare. Within the technology, media and telecommunications (TMT) sector, Warburg Pincus targets investments in the following areas: (1) software (2) media, information and Internet (3) financial technology (4) telecommunications (5) business services and (6) systems and semiconductors. The firm's energy investments focus on (1) oil and gas including exploration and production, midstream, refining and oilfield services (2) power generation and transmission (3) alternative energy/renewables and (4) innovative energy technologies.Warburg Pincus takes a long-term perspective and invests in companies across all stages of development, from founding start-ups and furthering growth in developing companies to leading recapitalizations or buy-outs of more mature businesses.

Apax Partners LP provides long-term investment services. It invests in financial & business services, healthcare, media, retail & consumer, technology & telecom. The firm specializes in investments in early stage, management buyouts, buy-ins, and recapitalizations. The company is located in New York, NY.

Stone Point Capital invests globally in the financial services sector. They focus on the following industries within the financial services sector: (1) banks and depository institutions (2) outsourcing service providers to financial institutions (3) specialty lending and other credit opportunities (4) mortgage services (5) asset management (6) insurance underwriting (7) insurance distribution and (8) employee benefits and healthcare.Equity investments generally range from $50 million to $400 million, but the firm has the ability to make significantly larger investments. Stone Point Capital typically seeks control or substantial minority positions in their portfolio companies, with board representation and customary shareholder rights.