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Kennet promotes Evan Frank to Director

September 17, 2007,
by volcanic

Kennet Partners Limited, a leading international growth equity investor focused on the technology sector, announced today that it has promoted Evan Frank to the position of Director.

Evan joined Kennet as an Associate in the London office in 2005. At Kennet he has focused on European deal origination and transaction development in the technology services, software and digital media industries. Prior to joining Kennet, Evan worked at Jefferies Broadview in New York. During his time at Jefferies Broadview, he worked extensively in the technology services and software industries, assisting with several public and private M&A and capital markets transactions. Evan holds a BBA degree from the University of Michigan's Ross School of Business.

Michael Elias, Managing Director at Kennet Partners said: "Evan has contributed significantly to Kennet over the last two years and he was closely involved in our recently completed investment in Telemedicine Clinic in Spain. Evan's strong experience in the technology sector in Europe and the US makes him a natural fit for the Kennet investment team."

Evan will continue to be based in the firm's London office. As Kennet commences the investment of its third fund, Kennet III, it has also hired two new Associates, one in London and one based in the firm's Silicon Valley office.

Kennet Partners Ltd

Kennet Partners is a leading international private equity firm that invests in growth companies providing information technology products and business services that leverage technology. Kennet provides expansion capital to businesses that want to accelerate growth and build exceptional shareholder value in partnership with an experienced investor. Kennet Partners acts as an advisor to Kennet I, a Jersey-based fund and to Kennet II and Kennet III, both Guernsey-based funds. Kennet Partners is authorised and regulated by the Financial Services Authority.

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