Lone Star Fund IV (U.S.), L.P. and Lone Star Fund IV (Bermuda), L.P. (collectively,
Lone Star Fund IV) were formed in December 2001 with more than $4.2 billion in
combined capital commitments from approximately 45 investors. Lone Star Fund IV,
which acquired in excess of 500,000 assets in approximately 160 transactions, targeted
global investments in secured and corporate unsecured debt instruments, corporate
acquisitions/sponsorships and real estate related opportunities.
Approximately 76% of the capital in Lone Star Fund IV was invested in Japan and
South Korea as Lone Star continued to rank among the largest debt buyers in each
of these markets. Germany also emerged as an active region as Lone Star Fund IV
acquired the first seven portfolios of non-performing loans to trade in the marketplace.
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