THL Credit Group Announces New Credit Fund ; New Credit Affiliate of THL Led by Industry Veteran James K. Hunt

18 September 2007

BOSTON - (BUSINESS WIRE) - THL Credit Group, L.P., the credit affiliate of Thomas H. Lee Partners, L.P. ("THL"), a Boston-based private equity firm, announced today it has received approximately $500 million in equity and financing commitments for THL Credit Partners, L.P., a new credit fund that invests in a wide variety of securities through leveraged finance, structured credit and minority equity transactions.  

James K. Hunt, Chief Executive Officer and Chief Investment Officer of THL Credit Group has over 30 years of management and investment experience across a wide range of debt products. Under his leadership, THL Credit Group has recruited a roster of talented investment professionals including AIG veteran Sam Tillinghast, now President and Chief Operating Officer of THL Credit Group, Gregg Hammer and Christopher Ochs, who together co-headed Leveraged Capital at AIG, and Hunter Stropp from GE Asset Management.  

The THL Credit Group team is headquartered in Boston, alongside THL, and also has offices in Houston and Los Angeles.  

About THL Credit Group, L.P.  
THL Credit Group, L.P., the credit affiliate of THL, invests primarily through THL Credit Partners in a wide variety of securities in leveraged finance, structured credit and minority equity transactions, supplying capital to both public and private companies for growth, recapitalizations, leveraged buyouts, and acquisitions. THL Credit Group provides a unique opportunity to leverage management's fixed income investment experience with the vast institutional knowledge base and private equity experience of THL. The business is headquartered in Boston, alongside THL, with investment professionals located in Boston, Houston and Los Angeles. For more information please visit   www.thlcredit.com.  

About Thomas H. Lee Partners, L.P.  
THL is one of the oldest and most successful private equity investment firms in the United States. Since its founding in 1974, THL has become the preeminent growth buyout firm, raising approximately $20 billion of equity capital and investing in more than 100 businesses with an aggregate purchase price of more than $125 billion and generating superior returns for its investors and partners. Notable transactions sponsored by the firm include  Houghton Mifflin, National Waterworks, Univision,  The Nielsen Company,  West Corporation, Fidelity National Information Services, Dunkin Brands, Fisher Scientific, Experian and ProSiebenSat.1 Media. For more information please visit www.thl.com.

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