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Private Equity Invests in Two New Companies

Private Equity is a Series One Investment. The following new equity investments were added to the portfolio:

Baker is a leading manufacturer and supplier of: (i) water well equipment and accessories for residential and industrial/municipal water systems (Water Systems Division); (ii) pumps for the viscous fluid transfer market (Haight Division); (iii) specialty well and ground sampling products (Monoflex Division); and (iv) short-run castings for general industrial markets (Casting Division).

Founded in 1969, Kemco Systems is headquartered in Clearwater, Florida and is an industry leader in custom-designed, high- efficiency water heating and water filtration systems. The Company’s customers include laundry companies, food manufacturers, textile companies and construction companies.

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