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Private
Equity
Howe Barnes launched its first private equity fund in June
2004 with the intent to provide community banks with access
to growth capital.
Following this success, Fund II was closed in February 2006.
In October 2006, Howe Barnes launched the ICBA Private Equity
Fund I. This fund is dedicated to investments in the members
of the Independent Community Bankers of America.
Through these three funds, we have made over 40 capital investments
in community banks across the country.

These announcements are neither
an offer to sell nor a solicitation of an offer to buy these
securities. These offerings are made only by the Offering
Circular, copies of which may be obtained in any State in
which these announcements are circulated only from such of
the undersigned as may legally offer these securities in such
State.
For additional information, please contact:
Dave Papritz
Senior Vice President & Director of Private Equity
312-655-2952
dpapritz@howebarnes.com
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Barnes Hoefer & Arnett, Inc. ©2006 All Rights Reserved.
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