ECI places great emphasis on establishing long term relationships with investors. We have a number of limited partners who have now invested across our past six buyout funds since 1990. ECI has been fortunate to have had a high level of recommitment by existing investors in previous funds, which in our latest fund was over 90%.
We have recognised for some time the importance of regular communication and have had a dedicated investment professional in this role since 1992. We actively encourage an open and transparent dialogue with both existing and prospective limited partners and recognise the significance of regular meetings each year to supplement quarterly reporting and the ECI annual meeting.
Over the last three decades we have raised nine funds from leading institutional investors in the UK, US, Europe and Asia with total committed capital of over £1.1billion. The ECI team are also investors in every fund and are therefore closely aligned with our limited partners. Each ECI fund has a diverse Limited Partner breakdown by both geography and by type of investor. For illustrative purposes we attach the breakdown of our latest fund, ECI 9, consisting of 28 institutional investors:
The first six ECI funds are all now closed. ECI 7 is currently in the advanced realisation phase. ECI 8 is completing its investment period and has also begun its realisation phase. ECI 9, which was raised in December 2008 at £437million, will begin its investment period in the second half of 2009.
ECI uses a secure web-based reporting system PEARonline for our current investors. If you do not currently have access to the system as an investor in ECI 7, 8 or 9, please contact Jeremy Lytle. To view Pearonline please go to the investor login area.
If you are a prospective investor who would like more information or a meeting with ECI please contact Jeremy Lytle.