Investor Relations|News
    12.04.2010
    MPC Capital places approximately EUR 48.9 million in Q1 2010
    • Strong demand for opportunistic ship investments

    Hamburg, April 12, 2010 - In the first quarter of 2010, MPC Capital AG raised equity in an amount of approx. EUR 48.9 million with closed-end funds, insurance solutions and investment concepts for institutional investors. The result clearly exceeds the listed company's expectations (Q1 2009: EUR 11 million) and is regarded as a positive sign for the year 2010.

    In the first three months of 2010, MPC Capital launched opportunistic ship funds as well as a closed-end real estate fund, which were fully placed by March 31. Investors invested approx. EUR 48.9 million in private placements, capital issues and retail funds. "We interpret the strong increase in the placement result, which was achieved in the space of only 12 months, as a turnaround in the market," said Dr. Axel Schroeder, CEO of MPC Capital AG. "We are optimistic that MPC Capital will be at the forefront of the market consolidation, building on its stable funding base and its secure and fully financed projects."

    Ship investors primarily appreciated the strategy of entering the shipping markets anti-cyclically at the present time. "In some markets, charter rates have already started to pick up again," Dr. Schroeder commented on the successful placements. Charter rates for container freight, for instance, have risen by roughly 8% since their mid-December 2009 low. "Demand for opportunistic ship investments already exceeds the supply by far."

    "MPC Deutschland 6 Private Placement" gives a select group of investors the chance to invest in a prestigious office property, which is let to Semper Idem GmbH, a member of the family-owned Underberg company, under a long-term contract. Rooted in Rheinberg since 1846, the company continues its proud tradition at this site. Underberg is world-renowned for its natural herbal digestive developed more than 160 years ago.

    In the second quarter of 2010, MPC Capital's project development activities will focus on much sought-after closed-end fund concepts characterised by a simple fund structure as well as high income security. Distribution of the closed-end "MPC Holland 71" fund, whose asset is let to a listed Dutch company under a long-term contract, is scheduled to start shortly.


    Inquiries:
    Till Gießmann
    Investor Relations
    Phone: +49 40/380 22-4347
    Fax: +49 40/380 22-4878
    E-mail: ir@mpc-capital.com
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