TowerBrook Capital Partners L.P. (“TowerBrook”) today announces the sale of Phase Eight, the premium international womenswear brand, to The Foschini Group (“TFG”), one of the leading independent retail groups in South Africa with over 2,200 stores and 17 retail brands encompassing clothing, jewellery, accessories, sporting and outdoor apparel and equipment, cellular goods and services, and homeware. The transaction values Phase Eight at £238 million.

The acquisition represents an exciting opportunity for Phase Eight to accelerate the brand’s international expansion plans, while at the same time offering TFG access to Phase Eight’s industry-leading management team and an operating model that has proved successful in the rapid rollout of new stores and concessions around the world.

Since TowerBrook’s investment in early 2011, Phase Eight has grown its network from 231 stores and concessions across the UK and Ireland only to 438 stores and concessions across 18 countries, including markets such as Germany, Switzerland, Sweden, the Netherlands, the Middle East, Hong Kong, Singapore, Malaysia and Australia.

TowerBrook Managing Director, Winston Ginsberg, said: “Phase Eight has been a successful investment for TowerBrook. We backed a very impressive management team who managed to nearly double the number of stores and concessions worldwide, growing revenues by 14% CAGR and increasing profitability by 40%. The sale to TFG will enable the business to continue to grow strongly and we wish the management team every success for the future.”

TowerBrook Managing Director Karim Saddi, added: “Phase Eight management has perfected over the years a unique operating model, and built excellent relationships with partners worldwide.  This makes them a very good fit with TFG and its own strategic ambitions.”

Ben Barnett, Phase Eight’s CEO, said “Our 4-year partnership with TowerBrook has been outstanding, with the brand rapidly developing in international stature, alongside continued growth in both sales and profitability. TowerBrook’s support of the management team over this period has been a key factor in our success, which has culminated in the significant investment in the business by TFG. Since our introduction to TFG, we have been highly impressed by the strength of their team, and very much look forward to working with them to further develop Phase Eight to its full potential.”

Doug Murray, TFG’s CEO, said “Phase Eight is an exceptional brand which has developed a culture of excellence and pursued a very successful growth strategy based on strong relationships with its suppliers and department store partners. We are very much looking forward to working with the management team to continue their successful growth strategy.”

TowerBrook was advised by Weil, Gotshal & Manges, Rothschild and Deloitte LLP.

TowerBrook announces today that it has signed an agreement for Capquest, one of the UK’s leading credit solutions businesses, to be acquired by Arrow Global Group PLC (“Arrow Global”), a leading UK and European debt purchaser, for a total consideration of £158 million (on an enterprise value basis).

The agreement, which is subject to the approval of Arrow Global’s shareholders, brings together the two parties’ complementary expertise to form a larger, integrated group in which both brands will be retained. Capquest has a best in class in-house servicing platform and state-of-the-art collections system, which will be enhanced by Arrow Global’s leadership in data enhancement, analytics and supply chain management.

Helen Ashton, Capquest Chief Executive, commented: “We are delighted to announce an agreement has been reached for Capquest to be acquired by Arrow Global. Our experience in regulated environments, strong reputation for compliance and commitment to socially-responsible practices, together with our understanding of our customers’ needs, makes Capquest an attractive partner for Arrow Global. I believe our combined businesses will create a strong company, well placed to prosper in the current environment.”

Tom Drury, Chief Executive Officer of Arrow Global commented: “Today’s announcement of the acquisition of Capquest reinforces Arrow Global’s position as one of Europe’s leading debt purchase and management businesses. The acquisition positions us well to enhance the quality of our offering to our customers and clients. Bringing together Capquest’s sophisticated and customer-focused in-house collection capabilities with Arrow Global’s master servicing model and leadership in data and analytics is an important step in achieving our vision of being Europe’s leading debt purchaser and manager. It adds a significant portfolio of assets at attractive returns, supports our broad range of origination sources and extends our reach into new asset classes.”

Gordon Holmes at TowerBrook added: “We are pleased to announce that Capquest will be acquired by Arrow Global, a leading UK and European debt purchaser. This will combine the expertise of both companies to create a strong leader in the debt purchase and management industry. We believe Arrow is the right partner to take Capquest forward into the next stage of its development, and are grateful to the Capquest management team for the positive development of the Company during TowerBrook’s period of ownership.”

Ironshore Inc. (“Ironshore”) and Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, “Fosun”) announced today that they have entered into a definitive agreement for Fosun to purchase ordinary shares of Ironshore that would represent 20% of Ironshore’s total outstanding ordinary shares on a fully diluted basis. Ironshore will use all of the proceeds from the share issuance to fund repurchases of outstanding ordinary shares from existing shareholders, including existing long-term private equity shareholders. After giving effect to Fosun’s equity purchase and Ironshore’s use of proceeds, Fosun will be the largest shareholder of Ironshore.

The transaction is subject to the receipt of regulatory approvals and other customary closing conditions.

Fosun is a leading investment group taking roots in China with a global foothold. Fosun regards the development of the insurance business as a premium path in connecting its investment capability to long-term high-quality capital. Currently, Fosun has more than one third of its total assets invested in insurance business including investments in Yong’an P&C Insurance, Pramerica Fosun Life Insurance and Peak Reinsurance and in Fidelidade Group, Portugal’s largest insurance company.

Guo Guangchang, Chairman of Fosun, said, “Fosun has been making determined efforts in establishing insurance as its core business. Our strategic investment in Ironshore represents another milestone for Fosun and will enable Fosun to further expand its insurance business and strengthen its comprehensive financial capabilities.”

Kevin H. Kelley, Chief Executive Officer of Ironshore, said, “We are excited about our new partnership with Fosun as a core long-term strategic investor in Ironshore. Fosun brings a global perspective with valuable Asian market connections combined with a very strong investment management track record. This partnership further enhances Ironshore’s unique position to grow profitably in the global insurance market.”

Sound Physicians, an innovative physician services organization with more than 1,000 hospitalists and a proven record of improving quality, satisfaction and financial performance for more than 100 hospitals and post-acute centers, announced a recapitalization with new majority shareholder Fresenius Medical Care and strategic partners Ascension and Dignity Health. TowerBrook Capital Partners will continue as an investor in the new corporate structure alongside existing management shareholders.

The new members of the ownership group bring significant experience in national healthcare services which will further advance Sound Physicians’ continued expansion nationwide for hospitalist and post-acute care services. Sound Physicians’ board of directors selected Fresenius Medical Care as lead investor based on its strong track record of success as a global healthcare services company delivering high quality patient care to thousands of hospitals globally. Fresenius Medical Care has proven to be a trusted partner to private and public payors alike, delivering significant improvements in quality together with reduction in cost under a variety of innovative bundled and pay-for-performance payment models. These capabilities, combined with Sound Physicians’ patient-centered approach, web-based workflow platform and experienced physician leadership coupled with the endorsement and support of leading health systems Ascension and Dignity, clearly positions Sound Physicians as the partner of choice for breakthrough results throughout the acute episode of care.

Hospitalists are different from many other physicians in that they provide care to patients almost exclusively in an acute or post-acute setting, rather than in an office practice. By coordinating care among hospital staff and patients’ primary care physicians and specialists, Sound Physicians’ hospitalists help improve patients’ length of stay in the hospital and reduce the occurrence of readmissions, leading to better health outcomes and reductions in the total cost of care.

“We are excited to have Fresenius Medical Care, Ascension and Dignity Health as our new investment partners,” noted Rob Bessler, MD, Chief Executive Officer of Sound Physicians. “Fresenius Medical Care brings decades of experience in managing high-risk, chronically-ill patients, improving quality, patient satisfaction and reducing the cost of care. Its values and business goals are closely aligned with Sound Physicians, and our hospital partners. I look forward to benefiting from Fresenius Medical Care’s leadership as significant majority shareholder in advancing innovation and improvement in the acute episode of care in hospitals and post-acute arenas throughout the U.S.”  Dr. Bessler added, “I also look forward to working more closely with both Ascension and Dignity, two of the nation’s leading and most forward thinking health systems, to further expand Sound’s leading clinical capabilities to additional healthcare facilities across the U.S.”

“Our investment in Sound Physicians represents a continued commitment to improving the quality of healthcare,” said Ron Kuerbitz, Chief Executive Officer of Fresenius Medical Care North America. “Sound Physicians and Fresenius Medical Care have common goals of improving patient outcomes and controlling the cost of healthcare. With Sound Physicians’ innovative solutions designed to drive process improvement, we see a significant potential for further advancements in improving the acute episode of care in both hospitals and post-acute care centers.”

“Ascension has worked diligently to engage and support physicians,” said Anthony J. Speranzo, Executive Vice President and Chief Financial Officer of Ascension. “In collaboration with our physicians, we have introduced solutions and opportunities designed to improve physician satisfaction as well as evidence-based protocols aligned with our mutual interest in quality and safety. Sound Physicians and Ascension share a deep respect for physicians, a commitment to improving quality while providing critical person-centered care to individuals in a variety of clinical settings across the care continuum.”

Michael D. Blaszyk, Senior Executive Vice President, Chief Corporate Officer and Chief Financial Officer of Dignity Health noted, “To be successful, healthcare organizations need a seamlessly integrated system focused on the patient’s acute episode of care. We see what Sound Physicians is doing in this regard and believe it is fully in line with Dignity Health’s philosophy of care. Overall, we see the approach that Sound Physicians is taking in the continuum of acute care and believe we are right on target with where we feel health care needs to be headed now and in the future. With Sound Physicians, it is possible for health systems to make strategic decisions that better align the goals of the health system, payors and patients.”

Ian Sacks, Managing Director of TowerBrook Capital Partners, commented, “We have enjoyed a wonderful partnership with Sound and its management team, during which time Sound has established itself as an important and value-added partner to many leading hospitals and healthcare systems throughout the U.S.  We believe that Sound is well positioned to continue to deliver unique and important inpatient solutions throughout the transitioning healthcare landscape, and we look forward to working with Fresenius, Ascension and Dignity to further Sound’s capabilities and expansion efforts.”

J.P. Morgan is acting as Sound Physicians’ financial advisor in this transaction, and Kirkland & Ellis LLP, Kutak Rock LLP and Simpson Thacher & Bartlett LLP are acting as Sound Physicians’ legal counsel. Dentons is acting as Fresenius Medical Care’s legal counsel and bridge financing to close the transaction was provided by Wells Fargo.

TowerBrook Capital Partners, L.P. (“TowerBrook”), a leading international investment management firm, has announced that funds under its control will acquire Independent Clinical Services (“ICS”) from private equity funds managed by affiliates of The Blackstone Group, L.P (“Blackstone”) and will appoint former Capita CEO, Paul Pindar, as Chairman of the Board.

Based in London, ICS is a leading provider of staffing, complex care services and administrative outsourcing for clients in the healthcare sector. Its database of 20,000 on-call temporary healthcare professionals provide a critical balancing service which ensures hospitals and GP surgeries can find key workers with specialist skills at short notice.

The acquisition is made at a time of strong market dynamics for healthcare staffing services in the UK, driven by the need to improve efficiency of service and the continuing emphasis on enhancing quality of patient care at ward level and throughout the NHS.

As part of the acquisition process TowerBrook have appointed Paul Pindar to be Chairman of the ICS Board. Paul brings 27 years of experience in the service outsourcing industry, including 15 years as CEO of Capita, the FTSE 100 outsourcing company. He will assist ICS’s management team, led by CEO Richard MacMillan, in developing the Group’s strategy on technology investment and international expansion.

Commenting on his appointment, Paul Pindar, said:
“I am delighted to be joining the ICS Board at a time of great promise for both the company and the healthcare staffing sector. I greatly admire and respect the management team and I look forward to working with them to grow the business.”

Richard MacMillan, CEO of ICS, said:
“There is a growing demand placed on healthcare services in the UK which means it is critical that the right skills are in the right places. ICS is there to help healthcare service providers find the staff they need to deliver high-quality patient care and we are pleased to be entering a new phase of growth under our new owners.”

Gordon Holmes, Managing Director at TowerBrook, said:
“The opportunity to acquire ICS came about through the increased activity of our London office in the healthcare industry. It fits well with our overall investment strategy to back strong management teams operating in growth markets”

Robert Reid, Senior Managing Director at Blackstone, said:
“We are delighted to have made our investment in ICS. The company has gone from strength to strength in recent years and we look forward to witnessing the next chapter in its story.”

AIM Aviation today announces the appointment of two new Directors. Dave Barger and Steve Ridgway CBE have joined the board of the market-leading provider of aircraft cabin interiors, as Non-Executive Directors.

Dave Barger helped found JetBlue Airways in 1998 as President and Chief Operating Officer, and is currently its Chief Executive Officer and a member of the Board of Directors. Since its first flight in February 2000, JetBlue has redefined the customer experience, focusing on the right combination of enhanced product and personalized service. “AIM Aviation is uniquely positioned to influence the continued evolution of commercial aviation, and I look forward to bringing my experience to the table to help guide the company,” Mr. Barger said.

Steve Ridgway CBE is the Chairman of Scandlines Ferries in Denmark and Chairman of Start JG, a leading brand agency in London. He was Chief Executive of Virgin Atlantic from 1998 to 2013, having joined the airline in 1989 and previously help the post of Managing Director. Mr. Ridgway’s early career with Toleman Group and Cougar Marine culminated in the re-capture of the famous Blue Riband for the fastest crossing of the North Atlantic in Virgin Atlantic Challenger II in 1986. In 2007, Steve Ridgway was awarded a CBE for services to Aviation. Mr. Ridgway said “I am delighted to join AIM Aviation at this very exciting time for the commercial aerospace industry. I have known AIM for many years and have always challenged them to innovate and provide high quality service to their customers so will enjoy being able to help that further in my new Board role”.

The two new directors join AIM Aviation at an exciting time of growth. The company was acquired by TowerBrook Capital Partners in September 2013. Following which, Andy Stevens, previously CEO of Cobham plc, was appointed as Chairman of AIM Aviation. Since then, AIM Aviation has made significant investment in new facilities at two of its production sites.

Mark Edwards, CEO of AIM Aviation commented: “We are extremely pleased to welcome David and Steve to the board at AIM Aviation. They each bring with them a wealth of knowledge and experience in the industry and we are confident they will help to steer the company to even greater success.”

Ladder Capital Corp (NYSE: LADR) announced today that it has completed an initial public offering of 15,237,500 shares of its Class A common stock at a price to the public of $17.00 per share, including 1,987,500 shares sold in connection with the full exercise of the option to purchase additional shares granted to the underwriters. All of the shares in the offering are being offered by Ladder Capital Corp.

Deutsche Bank Securities, Citigroup, Wells Fargo Securities, BofA Merrill Lynch and J.P. Morgan acted as joint book-running managers of the offering, and FBR, JMP Securities and Keefe, Bruyette & Woods acted as co-managers. The offering of these securities was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained from: Deutsche Bank Securities Inc., Attn.: Prospectus Group, 60 Wall Street, New York, NY 10005¬2836, Tel: (800) 503-4611, Email: prospectus.CPDG@db.com; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Tel: (800) 831-9146; Wells Fargo Securities, LLC, Attention: Equity Syndicate Dept., 375 Park Avenue, New York, NY 10152, Tel: (800) 326-5897, Email: cmclientsupport@wellsfargo.com; BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, NY 10038, Email: dg.prospectus_requests@baml.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, Tel: (866) 803-9204.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on February 5, 2014. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ladder

Ladder is a leading commercial real estate finance company that originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Ladder’s investment activities include: (i) direct origination of mid-market commercial real estate first mortgage loans of $5 million to $100 million; (ii) investments in investment grade securities secured by first mortgage loans on commercial real estate; and (iii) investments in net leased and other commercial real estate. Founded in 2008, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Led by Brian Harris, the Company’s Chief Executive Officer, Ladder is headquartered in New York City and has branches in Boca Raton and Los Angeles.

Forward-Looking Statements

Certain statements in this release may constitute “forward-looking” statements, including with respect to the closing of Ladder Capital Corp’s initial public offering. These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Ladder Capital Corp believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are a number of risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein. Such forward-looking statements are made only as of the date of this release. Ladder Capital Corp expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or changes in events, conditions, or circumstances on which any such statement is based.

Investor Contact

Ladder Capital Corp Investor Relations
(917) 369-3207
investor.relations@laddercapital.com

Ladder Capital Corp announced today the pricing of its initial public offering of 13,250,000 shares of its Class A common stock at a price to the public of $17.00 per share. All of the shares in the offering are being offered by Ladder Capital Corp. In addition, Ladder Capital Corp has granted the underwriters a 30-day option to purchase up to an additional 1,987,500 shares of its Class A common stock to cover over-allotments, if any. The shares are expected to begin trading on February 6, 2014 on the New York Stock Exchange under the ticker symbol “LADR.” The closing of the offering is expected to occur on February 11, 2014, subject to the satisfaction of customary closing conditions.

Deutsche Bank Securities, Citigroup, Wells Fargo Securities, BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers of the proposed offering, and FBR, JMP Securities and Keefe, Bruyette & Woods are acting as co-managers. The proposed offering of these securities will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering may be obtained from: Deutsche Bank Securities Inc., Attn.: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, Tel: (800) 503-4611, Email: prospectus.CPDG@db.com; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Tel: (800) 831-9146 ; Wells Fargo Securities, LLC, Attention: Equity Syndicate Dept., 375 Park Avenue, New York, NY 10152, Tel: (800) 326-5897, Email: cmclientsupport@wellsfargo.com; BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway , New York, NY 10038, Email: dg.prospectus_requests@baml.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, Tel: (866) 803-9204.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on February 5, 2014. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ladder

Ladder is a leading commercial real estate finance company that originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Ladder’s investment activities include: (i) direct origination of mid-market commercial real estate first mortgage loans of $5 million to $100 million; (ii) investments in investment grade securities secured by first mortgage loans on commercial real estate; and (iii) investments in net leased and other commercial real estate. Founded in 2008, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Led by Brian Harris, the Company’s Chief Executive Officer, Ladder is headquartered in New York City and has branches in Boca Raton and Los Angeles.

Forward-Looking Statements

Certain statements in this release may constitute “forward-looking” statements, including with respect to the closing of Ladder Capital Corp’s initial public offering. These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Ladder Capital Corp believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are a number of risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein. Such forward-looking statements are made only as of the date of this release. Ladder Capital Corp expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or changes in events, conditions, or circumstances on which any such statement is based.

Investor Contact

Ladder Capital Corp Investor Relations
(917) 369-3207
investor.relations@laddercapital.com

TowerBrook Capital Partners L.P. (“TowerBrook”), a leading international investment management firm, and LDC, a leading UK mid-market private equity house, jointly announce that TowerBrook has agreed to acquire a controlling stake in AIM Aviation Limited (“AIM Aviation”) from LDC.

AIM Aviation designs, engineers and manufactures cabin interiors for the world’s major airlines on Airbus, Boeing and military aircraft, from its base in the UK.

The market-leading services of AIM Aviation include: exterior and interior composite assemblies, stowages and galleys, premium monuments and bar units, lounges, sky shops and seat modules – in fact the entire cabin interior from cockpit to rear pressure bulkhead, all inspirationally designed, meticulously engineered and beautifully crafted.

In-house research and development expertise enables innovative ideas and materials to meet with the vision of the airline and the standards of the aircraft manufacturer. Design and engineering skills allow AIM Aviation to offer both practical solutions and striking, unique, statement pieces.

With plane manufacturers’ backlogs at an all-time high, the global commercial aviation industry is expected to benefit significantly from the increase in air traffic anticipated in the next few years. With its strong reputation for engineering capabilities and customer service, AIM Aviation is uniquely positioned to benefit from this growth.

Mark Edwards, CEO of AIM Aviation, commented: “This is a positive move for our clients, employees and business. Our plans for growth remain in place and it continues to be business as usual.”

Rayhan Davis of TowerBrook said: “We are delighted to be investing in AIM Aviation and we look forward to working with the management team to help the business execute on its next phase of development.”

The transaction is subject to regulatory approval and is expected to complete in Q4 2013.

True Religion Apparel, Inc. (Nasdaq: TRLG) today announced the completion of the acquisition of the Company by TowerBrook Capital Partners L.P. (“TowerBrook”), the New York and London-based investment management firm. As previously announced, TowerBrook acquired True Religion for $32 per share in a transaction valued at approximately $824 million.

The transaction was approved by the Company’s shareholders at a special meeting of True Religion shareholders held yesterday.

As a result of the completion of the transaction, True Religion common stock will no longer be listed for trading on the NASDAQ Stock Exchange, effective as of the close of trading today. For additional information, shareholders can contact Deborah Greaves, General Counsel and Corporate Secretary at True Religion.

Guggenheim Securities, LLC served as financial advisor and Greenberg Traurig, LLP served as legal advisor to True Religion and the Special Committee of the Board. Akin Gump Strauss Hauer & Feld is legal advisor to the Company. Deutsche Bank, Jefferies and UBS Investment Bank acted as financial advisors to TowerBrook, and Wachtell, Lipton, Rosen & Katz served as legal advisor.

About True Religion Apparel, Inc.

True Religion Apparel, Inc. is a growing, design-based denim and denim-related sportswear brand. The Company designs, manufactures and distributes True Religion Apparel products, including its premium True Religion Brand jeans, sportswear and licensed accessories. True Religion products may be found in the Company’s branded retail and outlet stores as well as contemporary department stores and boutiques in 50 countries on six continents. As of June 30, 2013, the Company operated 130 stores in the U.S. and over 33 international stores. For more information, please visit www.truereligionbrandjeans.com.

About TowerBrook Capital Partners

TowerBrook Capital Partners L.P. is an investment management firm with in excess of US$8 billion under management. The firm is based in London and New York and focuses on making investments in European and North American companies. TowerBrook primarily pursues control-oriented investments in large and middle market companies, partnering with highly capable management teams and seeking situations characterized by complexity.