Groupe Bruxelles Lambert (GBL or the Company) is a holding company listed on the Brussels Stock Exchange since 15 October 1956. GBL strives to stimulate and promote the growth of a valuable and balanced portfolio of industrial investments, focusing on a small number of major companies, operating in a diversified range of sectors, in which it is able to play its role as a strategic shareholder. The Company’s portfolio consists of four participations, namely Bertelsmann, Total, Suez and Imerys. TotalFina Elf formed by the successive consolidations of the Total, PetroFina and Elf Aquitaine groups, TotalFinaElf is a global oil and gas group and a major player in the chemicals sector. Activities TotalFina Elf is one of the major integrated oil companies. Its activities are based in more than 100 countries and cover the entire oil industry chain, from upstream - exploration, development and production of oil and gas – to downstream - refining and distribution of oil products and international trading of crude oil and refined oil products. TotalFina Elf is also an important operator in the chemicals industry. Upstream, TotalFina Elf’s hydrocarbon reserves amount to some 11.2 billion barrels of oil equivalent. Present in the liquefied natural gas industry, TotalFina Elf is also expanding its activities to related market segments such as gas distribution and electricity generation. Downstream, the group has a refining capacity of 2.3 million barrels a day and sales of 3.7 million barrels a day of refined products. TotalFinaElf has interests in 27 refineries and operates a network of some 16,700 service stations under the Total, Fina and Elf brands, primarily in Europe.

Teacher Retirement System of Texas was founded in 1937 and is based in Austin, Texas. Teacher Retirement System of Texas (TRS) is a retirement plan sponsor. The firm provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas. It also provides a health insurance program for public school retirees. The firm makes its investments in the public equity markets across the globe and in the public fixed income and alternative markets of the United States. It also invests in exchange trade funds, closed-ended funds, REITs, and private placement equity-linked notes. The firm invests in stocks of small-cap, mid-cap, and large-cap companies with a minimum market capitalization of $50 million. Through its equity portfolio, it also invests in preferred stocks, convertible bonds, rights, warrants, units, and depository receipts that trade publicly pursuant to Rule 144A of the Securities and Exchange Commission. It employs a mix of active and passive strategies to create its equity portfolio mix. The firm benchmarks the performance of its equity portfolios against the MSCI AC World Index, Russell 1000 Growth Index, Russell 1000 Value Index, Russell 2000 Index, MSCI EAFE Index, and MSCI EM Index.

Jupiter Asset Management Limited was founded in 1985 and is based in London, United Kingdom. Jupiter Asset Management Limited is privately owned investment manager. It primarily provides its services to private and institutional investors. The firm manages mutual funds as well as hedge funds for its clients. It invests in public equity and fixed income markets across the globe. The fund uses a fundamental analysis along with bottom-up stock picking approach to create its portfolio. It conducts in-house research to make its investment decisions.

Goldman Sachs Group Holdings (U.K.) company's London office, opened in 1970, serves as the regional headquarters for Goldman's European business. In September 2008, Goldman Sachs converted to a bank holding company. Goldman Sachs Group Holdings is the UK subsidiary of US investment banking power Goldman Sachs. The unit is one of the top mergers and acquisitions advisors in Europe and provides a range of capital markets services, as well as brokerage and asset management services to corporations, governments, and wealthy individuals.

InternetArray, Inc. was founded in 1995. nternetArray wants to align with an assortment of online companies. InternetArray, formerly U.S. MedSys, offers financing and advice to early-stage Internet companies. Calling its charges "partners," InternetArray provides marketing, sales, administrative, and other back-office assistance in exchange for a share of the partner company. InternetArray company owns social media developer Noobis, which is working with social networking sites in China, the US, the UK, and Canada. Noobis' Amplify product helps not-for-profits set up fundraising networks. InternetArray also owns BidSellBuy.com, an online auction and shopping network.

Founded in 1988, JLL Partners is among the leading private equity investment firms in the country. JLL Partners is a private equity and venture capital firm specializing in investments in middle market companies. The firm prefers to invest in balance sheet restructurings, buyouts, operational turnarounds, acquisitions, add-on acquisitions, industry consolidations, growth capital, and strategic co-investments. It invests in companies which are significantly over-leveraged; companies lacking committed sponsorship; companies requiring strategic and/or operational refocusing; companies in out-of-favor industries; businesses being divested from a larger corporate entity; and companies seeking a financial partner to pursue their strategies. The firm seeks to invest in manufacturing and services, financial services, healthcare and medical services, and building products. It seeks to take a majority stake in its portfolio companies.

AXA Financial, Inc. is a subsidiary of AXA S.A. AXA Financial, Inc., together with its subsidiaries, provides financial advisory, insurance, and investment management products and services. It operates in two segments, Financial Advisory/Insurance and Investment Management. The Financial Advisory/Insurance segment offers variable and interest-sensitive life insurance products, variable and fixed-interest annuity products, mutual funds and other investment products, asset management services, and financial planning and other services principally to individuals, small and medium-size businesses, and professional and trade associations. This segment provides its products on a retail and wholesale basis in 50 states, the District of Columbia, and Puerto Rico through financial professionals, national and regional securities firms, independent financial planning and other broker-dealers, banks, and brokerage general agencies. The Investment Management segment offers investment products and services, such as separately managed accounts, subadvisory relationships, structured products, collective investment trusts, mutual funds, hedge funds, and other investment vehicles to its institutional clients.

Alerion Industries S.p.A. company operates with stakes in such companies as Alerion Energie Rinnovable (renewable energy), Reno De Medici (a recycled cardboard producer), RdM Realty (real estate), and Mediapason (media). Alerion also invests in companies in the banking and financial services industries. Formed in 1995 as IBI, the company was publicly traded in 2003 and changed its name to Alerion.

Incubic is a venture fund investing in high-tech startups. Incubic focus is seed investments, although Incubic do invest in late-stage companies. Incubic believe business is built on excellence and trust. Incubic are helpful to entrepreneurs because ultimately what is good for the business is good for its founders and investors. Having been entrepreneurs, Incubic understand management challenges, and can provide a balanced view to help you make sound decisions. Incubic also share Incubic experience as advisors to entrepreneurs. Incubic have access to an extensive network of professional resources to be helpful. There would be no fees/compensation until substantial advisory services are required.

Shanghai Industrial Holdings Limited was founded in 1996. Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure facilities, medicine, consumer products, and real estate businesses. Segments The company conducts its operations through four segments, including Real Estate, Infrastructure Facilities, Medicine, and Consumer Products. Real estate This segment engages in the property development and investment and hotel operation. Infrastructure facilities This segment invests in toll road projects and water-related business. As of December 31, 2008, General Water of China had total assets of RMB5.2 billion, comprising 14 water projects and 19 water supply facilities, 17 sewage treatment facilities, 2 reservoirs and a pipe network of 1,841.27 kilometers. Medicine This segment engages in the manufacture and sale of medicine and health food; and medical equipment. The company produces human urine protein products. The company’s principal products include Kai Li Kang, a State Category I new drug, Ulinastatin, an exclusive brand in the domestic market, as well as certain raw pharmaceuticals for overseas markets.

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