Charlesbank Capital Partners Promotes Kevin Brown to Senior Vice President

BOSTON, MA--(Marketwire - January 4, 2008) - Charlesbank Capital Partners announces that Kevin Brown has been promoted to Senior Vice President, Accounting and Finance. Mr. Brown joined Charlesbank at its inception in 1998 from its predecessor firm, Harvard Private Capital Group, where he served as Controller.

"Kevin has been instrumental to the growth and success of Charlesbank," says Michael Thonis, Managing Director and Chief Operating Officer. "We have great confidence in him and look forward to his continued contributions to the firm."

Prior to joining Harvard Private Capital Group in 1997, Mr. Brown worked in accounting at Harvard Management Company and Liberty Financial Services. He earned a BS in accounting from Stonehill College and an MBA from Suffolk University.

Kevin lives in Reading, MA, with his wife and two children. He is a volunteer youth hockey, baseball and softball coach. In addition, Kevin plays golf and is a participating member of Hockey North America.

With offices in Boston and New York, Charlesbank Capital Partners is a middle-market private equity investment firm managing approximately $1.5 billion of capital. Charlesbank focuses on management-led buyouts and growth capital financings, typically investing $25 million to $100 million per transaction in companies with enterprise values of $50 million to $750 million. The firm seeks to partner with strong management teams to build companies with sustainable competitive advantages and excellent prospects for growth. Charlesbank is currently investing through Charlesbank Equity Fund VI, a $900 million fund. For more information, visit www.charlesbank.com.

Contact Information: Contact: Maura M. Turner 617-619-5457