PRESS RELEASES

January 14, 2008 - Capri Capital Partners

Capri Capital Partners, LLC Names New President and Chief Operating Officer


CHICAGO, IL – Capri Capital Partners, LLC (“Capri”) Chairman and CEO Quintin E. Primo III announces the appointment of Ms. Gwendolyn L. Butler to the newly created position of President and Chief Operating Officer. Ms. Butler will report to Louis W. Hoyes, Vice Chairman and Chief Investment Officer, who reports directly to the Chairman and CEO. Her overall responsibilities will be to oversee all investment, finance and marketing personnel of the firm. Ms. Butler joined the firm as Chief Marketing Officer in March 2007 and has led Capri’s institutional capital raising. In that role she has overseen more than $500 million in new commitments to Capri from leading public pension fund investors.

“Gwen brings to Capri a wealth of experience and relationships in the investment management industry, having previously held positions of significant responsibility at UBS, Brinson Partners and Bear Stearns. My continued focus has been to staff Capri with world class talent and highly skilled leaders,” says Quintin E. Primo III, Chairman and CEO of Capri. “She is a natural leader, and her appointment further supports my own commitment to a highly skilled and diverse team. I am so pleased to have Gwen assume this important role at Capri.”

“My immediate focus as President and Chief Operating Officer will be to ensure that the organizational infrastructure is in place to drive our goal to double the revenues and profits of Capri over the next five years. To do this, our processes, people and culture must be solidly aligned with our ambitious growth plans,” says Gwendolyn L. Butler. “We have grown quickly as an organization over the past five years, with over $4 billion in assets and commitments currently under management. Our focus has always been to offer our customers the highest level of service while continuing to generate high risk-adjusted rates of return on our investments; and this focus will continue.”

Ms. Butler, in addition to having served in the investment management industry for nearly 30 years, is Chair-Elect of the National Association of Securities Professionals, the leading national organization for minorities and women in the securities and investment management professions; and serves on the Finance Committee as a Board Member of the YWCA in Chicago.

About Capri Capital Partners, LLC
Capri Capital Partners LLC is an institutional real estate investment advisory firm, investing and managing commercial real estate properties and portfolios since 1992. Capri offers a broad spectrum of equity and debt products to its customers through separate account and commingled fund vehicles. Diversified assets managed on behalf of its pension fund and other institutional clients totaled $4.4 billion as of September 30, 2007. For more information, please call 312-573-5275 or visit the company’s website www.capricapital.com.

Capri Capital Partners, LLC expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.

This announcement does not constitute an offer to sell, or a solicitation of an offer to buy any security relating to Capri Capital Partners, LLC or any of their funds. Any offer or solicitation may be made only through the delivery of a definitive Private Offering Memorandum and all information contained herein is qualified in its entirety by such Memorandum.

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