Ohio-Midwest Fund Invests $10 Million in Two More Ohio Private Equity Fund Managers

COLUMBUS, OH, (January 16, 2008) – Credit Suisse and the Ohio Public Employees Retirement System (Ohio PERS) today announced the investment of a total of $10 million in two more Ohio private equity fund managers, River Cities Capital Funds and Chrysalis Ventures. These latest commitments bring the total investments made by the Ohio PERS/Credit Suisse Ohio-Midwest Fund to $61 million.

The $102 million Ohio-Midwest Fund is a fund-of-funds that invests in high quality, private equity funds that focus, in whole or in part, on making investments in the Ohio and Midwest regions. The program was expanded from $51 million to $102 million in May 2007, with Ohio PERS contributing $100 million and Credit Suisse contributing approximately $2 million.

“The program is expected to deliver private equity returns for Ohio PERS members, while also putting powerful investment capital to work in Ohio and the surrounding region,” said Greg Uebele, senior investment officer–external management, Ohio PERS. “We look forward to building on the success of the program’s initial commitments and the work being done by those funds in the state. Already, $84 million has been invested in Ohio companies.”

River Cities Capital Funds and Chrysalis Ventures were selected from more than 20 submissions and will join eight funds that have already received commitments. The individual funds selected for the program were subject to a rigorous and comprehensive review process and were required to have a significant market presence in Ohio and the Midwest region, while maintaining a return-oriented investment strategy.

River Cities Capital Funds, founded in 1994, is a venture capital firm headquartered in Cincinnati, Ohio, with a second office in Raleigh, N.C. The firm invests primarily in expansion-stage companies located in the Midwest and Southeast, with a focus on technology-enabled business services and health care companies. River Cities has over $380 million in capital under management and has generated significant investment success in Ohio and the surrounding region. The firm has made over 75 investments, including investments in 24 Ohio-based portfolio companies. Past successes include Cincinnati-based Health Personnel Options and Intelliseek, while Construction Software Technologies, Galaxy Industries and HealthPro Brands are some of the high-growth Ohio companies currently in the firm’s portfolio.

Chrysalis Ventures was founded in 1993 and invests primarily in early-stage health care, media and communications, and business services companies in the Midwest and South. The firm is headquartered in Louisville, Ky., with a second office in Cleveland, Ohio, and has more than $350 million under management and investments in more than 55 companies. Chrysalis has a long history of investing in Ohio, with current Ohio investments generating more than $50 million in annual revenues. These investments include growing operations, such as Construction Software Technologies, Lab Partners and Intechra.

“Together, all of the selected funds represent a diverse portfolio of venture capital, growth capital and buyout funds that capitalize on the sectors in which Ohio has clusters of innovation,” said Mike Arpey, managing director and co-head of Credit Suisse’s Customized Fund Investment Group. “We’re confident that River Cities Capital Funds and Chrysalis Ventures will continue the precedent already set for generating strong returns and capitalizing on the talent that lies in Ohio and the Midwest region.”

In addition to River Cities and Chrysalis, the Ohio-Midwest Fund is also invested in the following private equity funds:

• Riverside Micro-Cap Fund, with offices in Cleveland, New York, San Francisco and Dallas;
• Draper Triangle Ventures II, with offices in Cleveland, Cincinnati and Pittsburgh;
• Triathlon Medical Ventures, with offices in Cincinnati, Louisville, Indianapolis and St. Louis;
• Blue Point Capital Partners II, with offices in Cleveland, Charlotte and Seattle;
• Strength Capital Partners II, with offices in Cincinnati and Birmingham, Mich.;
• Stonehenge Opportunity Fund II, with offices in Columbus;
• Reservoir Venture Partners II, with offices in Columbus and Cleveland; and
• SFW Capital Partners, with offices in Hudson, Ohio and Rye, N.Y.

Private equity fund managers interested in the Ohio-Midwest Fund program should contact Mel Carter, Credit Suisse’s in-state investment specialist, at 614.220.4520 for more information.

For more information about the Ohio-Midwest Fund, visit www.ohioinvestmentfund.com.

About Credit Suisse
As one of the world’s leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 47,000 people. Credit Suisse’s parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group’s registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse’s asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 22 countries, Credit Suisse’s asset management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.

The asset management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.

Certain statements in the Press Release constitute “forward-looking statements.” Due to various risks, uncertainties and other factors (including the unpredictability of actual future portfolio company or investment performance), actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Credit Suisse and Ohio PERS assume no obligation to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking statements.