Subject: RSCI Portfolio Updates and Press Clips 4.20
From: "Marianna Fazylova" <[email-masked]>
To: "RSCI Updates and Press Clips" <[email-masked]>
Date: Fri, 20 Apr 2012 13:30:01 -0400

PORTFOLIO UPDATES AND PRESS CLIPS
AIRVANA<http://www.airvana.com/>

Seeking Alpha 4/19

Freescale Semiconductor's CEO Discusses Q1 2012 Results - Earnings Call Transcript<http://seekingalpha.com/article/512731-freescale-semiconductor-s-ceo-discusses-q1-2012-results-earnings-call-transcript>

We announced that Airvana and IP access have adopted QorIQ Qonverge technology for their small cell base station solutions. Companies adopting QorIQ Qonverge processors currently account for more than 50% of the small cell base station mark.

Targeted News 4/19

U.S. Patents Awarded to Inventors in New Hampshire (April 19)<https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=2&ved=0CDAQqQIwAQ&url=http%3A%2F%2Ftargetednews.com%2Fdisp_story.php%3Fs_id%3D1082738&ei=yHORT9WxH6Su6AGM5smPBA&usg=AFQjCNGX_645QfRol_Ozplsj5iPpdCs9IA&cad=rja>

Airvana Network Solutions, Chelmsford, Mass., has been assigned a patent (8160020) developed by M. Vedat Eyuboglu, Concord, Mass., Arthur J.

ENERGY FUTURE HOLDINGS<http://www.energyfutureholdings.com>

PR NewsWire 4/17

Global Thermal Power Industry<http://www.prnewswire.com/news-releases/english-releases/global-thermal-power-industry-147726985.html>

Reportlinker.com announces that a new market research report is available in its catalogue: Global Thermal Power Industry. This report analyzes the worldwide markets for Thermal Power in Billions of Kilowatt-hours. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets. The report profiles 113 companies including many key and niche players such as -...Energy Future Holdings Corp.

Bloomberg 4/18

Oncor Bonds Show Energy Future Contagion Risk: Corporate Finance<http://www.bloomberg.com/news/2012-04-18/oncor-bonds-show-energy-future-contagion-risk-corporate-finance.html>

Bond investors are challenging the notion that the regulated transmission and distribution unit of the former TXU Corp., the electricity provider saddled with $36.7 billion of debt from the 2007 buyout by KKR & Co. and TPG Capital, will avoid being dragged down by its parent.

FISKER AUTOMOTIVE<http://www.fiskerautomotive.com/en-us>

Delaware Online 4/16

Fisker lays off another 12 Del. workers<http://www.delawareonline.com/article/20120416/NEWS/120416056/Fisker-lays-off-another-12-Del-workers-?odyssey=tab%7Ctopnews%7Ctext%7CHome>

Only a small maintenance team is left at Fisker's Automotive's Newport-area factory after the start-up carmaker laid off another 12 workers as it attempts to secure more loan funding from the federal government. The layoffs, which occurred quietly Friday, included Jeff Garland, a deep-rooted Delawarean who was spearheading community affairs and business development efforts across the state for Fisker.

Delmarva 4/17

GOP candidates launch bid to unseat Markell and Dunn<http://www.delmarvanow.com/article/20120417/DW01/204170325>

Cragg criticized state government for pursuing an electric-car company, Fisker Automotive, to locate a factory in the state instead of focusing that attention on easing regulations on small businesses... "The employees of this glass company and its owners provided, along with thousands of other businesses in Delaware, $19 million to Fisker Motors for an assembly plant they may never use," Cragg said. "We cannot afford to tax small businesses to bag the elephant we may never land. The Fisker debacle is bad public policy. It's bad strategy."

Detroit News 4/17

Battery-powered autos proving to be a tough sell <http://www.detroitnews.com/article/20120417/AUTO01/204170368#ixzz1sVmUhO2a>

Electric vehicle sales have been slow out of the box, despite marketing hype, government incentives and the hopes of green car advocates.

Total sales last year were 17,425, which is less than 0.1 percent of the U.S. car and light truck market.

Delaware Online 4/19

Fisker investor: Romney the 'source of our problems at DOE'<http://blogs.delawareonline.com/dialoguedelaware/2012/04/19/fisker-investor-romney-the-source-of-our-problems-at-doe/>

Prominent Fisker investor and former company chairman Ray Lane says by email that Mitt Romney's campaign-trail attacks on Fisker's federal loan are stalling negotiations between the company and the U.S. Department of Energy. The DOE cut off Fisker's access to its $529 million federal loan last May, causing Fisker to recently empty its Delaware factory<http://delonline.us/J5yLtD>.

GTspirit 4/19

Monaco 2012: Fisker Karma<http://www.gtspirit.com/2012/04/19/monaco-2012-fisker-karma/>

Californian carmaker Fisker Automotive displayed the luxurious and environmental friendly Karma at Top Marques 2012<http://www.gtspirit.com/category/carshows/top-marques-monaco-2012/>. The four-door a plug-in hybrid sports sedan is one of the first premium green cars on the market, designed according to the philosophy that environmental responsible cars need not sacrifice passion, style, or performance.

Delaware Online 4/20

Gingrich blames VP Biden for Fisker stall<http://www.delawareonline.com/article/20120420/NEWS02/204200334/Gingrich-blames-VP-Biden-Fisker-stall?odyssey=tab%7Ctopnews%7Ctext%7CHome>

Former U.S. House Speaker Newt Gingrich took a shot at Vice President Joe Biden while in Delaware on Thursday, needling Biden over Fisker Automotive's stalled loan negotiations with the U.S. Department of Energy.

Bloomberg Business Week 4/20

Venture Capital Investments Fall 19 Percent In 1Q<http://www.businessweek.com/ap/2012-04/D9U8E0K03.htm>

Funding for startups fell 19 percent in the first three months of the year, as cautious venture capitalists funneled less money into fewer deals.

According to a study out Friday, startup investments fell to $5.8 billion in the January-March quarter from $7.1 billion in the same period in 2011 ... Fisker Automotive Inc. was in third place. The electronic vehicle company got $130 million in later-stage funding.

Boston 4/20

Electric-vehicle battery safety examined by US auto regulators<http://www.boston.com/Boston/businessupdates/2012/04/electric-vehicle-battery-safety-examined-auto-regulators/DnHInhA5wQvy9ILlka2n5L/index.html>

The US auto-safety regulator said it will hold a forum on lithium-ion batteries in electric cars next month, almost a year after a General Motors Co. Chevrolet Volt caught fire following crash-testing.

HEALTHSCOPE<http://www.healthscope.com.au/info/general/Home/get/0/0/>

Australian 4/13
Funds dry up for private equity deals<http://www.theaustralian.com.au/business/financial-services/funds-dry-up-for-private-equity-deals/story-fn91wd6x-1226325273479>

Some private equity players argue the Asian banks provide ample funding, but the bank funding market is generally seen to have become tougher for leveraged buyouts and recapitalisations. "The addressable audience" of bank lenders is said to have shrunk since TPG and Carlyle created $1.6bn of liquidity via several banks for its acquisition of Healthscope in 2010.

Australian 4/21

Cooke gives Healthscope a shot in the arm<http://www.theaustralian.com.au/business/companies/cooke-gives-healthscope-a-shot-in-the-arm/story-fn91v9q3-1226334775378>

LIKE many chief executives, Healthscope's Robert Cooke doesn't really do holidays. But when a few of his staff suggested he was at risk of burning out, the head of Australia's second-largest private hospital operator obliged by booking four days in a five-star hotel in Singapore.

NORTHERN TIER ENERGY (NTE)<http://www.ntenergy.com/>

CNBC 4/11

The Glue in Delta's Possible Refinery Deal: JP Morgan<http://www.cnbc.com/id/47017435>

Delta Air Line's much-maligned hope to purchase an East Coast oil refinery hinges on the aid of two important partners: JPMorgan and Big Oil.Still, hiring JP Morgan to finance the process - something the bank has done for Northern Tier Energy in St. Paul, Minn. - will mitigate a great deal of the risk, traders and oil-industry officials say.

THE WEATHER CHANNEL COMPANIES

PR Web 4/11

WSI Max Makes KOKI-TV the Go-To Station during Recent Storms<http://www.virtual-strategy.com/2012/04/11/wsi-max-social-makes-koki-tv-go-station-during-recent-storms>

WSI (Weather Services International) today announced that Fox23/KOKI-TV's use of WSI Max Social during regional March storms and flooding enabled the station to create broadcasts that incorporated immediate, interactive content from viewers during the weather emergency.

EON 4/12

THE WEATHER CHANNEL COMPANIES he Weather Channel Companies Appoints Curt Hecht as Chief Global Revenue Officer<http://eon.businesswire.com/news/eon/20120412006445/en/weather-channel/curt-hecht/publicishttp:/press.weather.com/>

The Weather Channel Companies (TWCC) today announced that Curt Hecht has been appointed chief global revenue officer. Hecht joins TWCC after 20 years with Publicis Groupe, most recently as CEO of the VivaKi Nerve Center in Paris.

2-20 RECORDS<http://www.2-20rm.com/>

Toto 4/15

Watch replica quality high omega rolex best quality replica<http://eu.toto.com/uploads/pics/42/high-quality-omega-watch-replica.php>

Pursue his new career choose to wear as having 38 per and polished by hand. Sunil Narine for wilde, an apprentice of Flynn, who conveys him to his high quality omega watch replica father weight and durable nature. Editing not elegy flashed 3-noun wawrzyniec just watch TV tablet PC Storetrieve, of Montebello, California, announces its partnership with 2-20 Records Management.

TEKELEC

Voice Data 4/11
Nitin Arora to join Tekelec India<http://voicendata.ciol.com/content/news1/112041104.asp>

Nitin Arora will be joining Tekelec India as managing director and will oversee India and south Asia operations for Tekelec.

WSJ Press Realease 4/12

Radisys Corporation Names Hubert de Pesquidoux to Its Board of Directors<http://www.marketwatch.com/story/radisys-corporation-names-hubert-de-pesquidoux-to-its-board-of-directors-2012-04-12>

Since November 2009, Mr. de Pesquidoux has served as Chief Executive Officer of HDP Consulting. Mr. de Pesquidoux has served as Chairman of the Board for Tekelec, a provider of Intelligent Network solutions, and on Tekelec's audit and corporate development committees.

WSJ Press Release 4/16

Tekelec to Present the Importance of New Diameter Network at LTE Latin America Conference<http://www.marketwatch.com/story/tekelec-to-present-the-importance-of-new-diameter-network-at-lte-latin-america-conference-2012-04-16>

Tekelec, the mobile broadband solutions company, is a Bronze sponsor and speaker at this year's LTE Latin America conference, held April 17-18 at the Windsor Barra Hotel, Rio de Janeiro, Brazil.

PRIVATE EQUITY

WSJ 4/15

Carlyle Takes Cautious Approach in IPO Price<http://online.wsj.com/article/SB10001424052702304299304577346561593778158.html?KEYWORDS=%22private+equity%22KEYWORDS%3D%22private+equity%22KEYWORDS%3D%22private+equity%22KEYWORDS%3D%22private+equity%22>

Carlyle Group plans to sell 30.5 million shares priced between $23 and $25 in its initial public offering, which could come before the end of the month, according to people familiar with the matter.

WSJ 4/16

Aussie Developer Sells U.S. Property Portfolio to Blackstone<http://blogs.wsj.com/dealjournalaustralia/2012/04/16/aussie-developer-sells-u-s-property-portfolio-to-blackstone/?KEYWORDS=%22private+equity%22>

Dexus Property's US$770 million sale of part of its U.S. industrial portfolio to private equity giant Blackstone could spell the end of the group's dalliance in the American market.The ASX-listed developer has entered a binding agreement to sell 65 properties, including three under lease to Whirlpool, to affiliates of Blackstone's Real Estate Partners VII. The deal is expected to settle by mid-June.

WSJ 4/17

Audi Nears Ducati Purchase<http://online.wsj.com/article/SB20001424052702304432704577349831924790146.html?KEYWORDS=%22private+equity%22>

Volkswagen AG's  Audi unit is preparing to buy Italian motorcycle maker Ducati Motor Holding SpA for around $1.1 billion including debt, according to people familiar with the matter, a move that would intensify its rivalry with BMW AG vand expand the luxury-auto maker's offerings.

FT 4/17

US Senate vote blocks 'Buffett rule'<http://www.ft.com/intl/cms/s/0/6d1bb2ae-880a-11e1-b1ea-00144feab49a.html#axzz1sauhnFtG>

FT 4/17

China group eyes $2.8bn real estate fund<http://www.ft.com/intl/cms/s/0/c90319e0-8846-11e1-b1ea-00144feab49a.html#axzz1sauhnFtG>

Noah Holdings, a China-based provider of wealth management products to mainland customers, said on Tuesday it planned to launch a real estate fund worth as much as Rmb18bn ($2.85bn) as cash-strapped developers seek alternatives to bank lending.

Bloomberg Business Week 4/19

Blackstone Group 1st-qtr profit drops 24 percent<http://www.businessweek.com/ap/2012-04/D9U86CSO0.htm>

Blackstone Group's net income dropped by 24 percent in the first quarter as its investments in real estate and private equity failed to match gains made in the same quarter of last year. The performance fees it charges sank 36 percent.The private equity giant reported net income of $432 million, or 39 cents a share. That's down from $571 million, or 51 cents a share, in the first quarter of 2011.

WSJ 4/19

KKR's Real-Estate Arm Makes Its First Investment<http://online.wsj.com/article/SB10001424052702303425504577352410654244528.html?KEYWORDS=%22private+equity%22KEYWORDS%3D%22private+equity%22KEYWORDS%3D%22private+equity%22KEYWORDS%3D%22private+equity%22>

The new real-estate group at buyout giant Kohlberg Kravis Roberts & Co. made its first equity investment with the acquisition of a suburban Chicago shopping mall for $196 million, according to people familiar with the matter.

FT 4/19

Fed extends Volcker rule deadline<http://www.ft.com/intl/cms/s/0/ffc56a56-8a4d-11e1-93c9-00144feab49a.html#axzz1sauhnFtG>

US regulators have eliminated the most immediate threat to banks from the Volcker Rule ban on proprietary trading, clarifying that the industry will not have to comply by July.

FT 4/19

TPG poised to raise $1.5bn for Asian fund<http://www.ft.com/intl/cms/s/0/49824118-89f0-11e1-87f0-00144feab49a.html#axzz1sauhnFtG>

Private equity firm TPG is on its way to a $1.5bn first close in the fundraising for its latest Asian fund, with an eventual goal of at least $4bn, according to people who attended its annual investor meeting at the Four Seasons Hotel in Hong Kong this week. The largest investor is likely to be Government of Singapore Investment Corp, which also has a stake in the TPG management company.

Reuters 4/20

Africa to be next boomtown for private equity<http://www.reuters.com/article/2012/04/20/us-africainvest-summit-private-equity-idUSBRE83I17T20120420>

Africa is the next big thing; just ask Bob Geldof and other private equity bankers.

The Irish rocker made headlines in February when he announced the launch of his $200 million "8 Mile" fund, a sign the Live Aid organizer had turned from promoting debt forgiveness to private enterprise.

Bloomberg 4/20

China's CDB Capital Raises $1.4 Billion for Private Equity Fund<http://www.bloomberg.com/news/2012-04-20/china-s-cdb-capital-raises-1-4-billion-for-private-equity-fund.html>

China Development Bank Capital Corp., the fund management unit of the country's biggest policy bank, said it raised 9 billion yuan ($1.4 billion) for a fund of private-equity funds.