Private Equity Week Wire for Thursday 1/18

LONDON — With effect from today, the business formerly known as Dresdner Kleinwort Benson Private Equity will be known by the brand name “Dresdner Kleinwort Capital” (“DrKC”) on a global basis. Dresdner Kleinwort Capital is the sole private equity business of Dresdner Kleinwort Wasserstein, the investment banking division of Dresdner Bank AG.

NEW YORK — Brown Brothers Harriman today announced the initial closing of The 1818 Mezzanine Fund II, L.P., its second mezzanine fund and part of The 1818 Family of Funds, with commitments of $182 million. A second and final closing of the Fund is expected in the early spring. The 1818 Mezzanine Fund II, L.P. is a partnership formed to invest in privately negotiated subordinated debt and equity securities of small to mid-sized companies. The Fund