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MidCoast Capital, LLC today announced the sixth distribution from Diversified Private Equity Investors, LP

Radnor, PA, January 28, 2005

MidCoast Capital, LLC today announced the sixth distribution from Diversified Private Equity Investors, LP ("DPEI"), a partnership formed to purchase the investment assets of Dime Capital Partners, a transaction completed on January 31, 2003. Cumulative distributions to date approximate 66.4% of capital invested in DPEI. Sources of the funds for this distribution were from the sale of interests in one portfolio company as well as collection of scheduled interest, principal and dividend payments.

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About MidCoast Capital, LLC

MidCoast Capital LLC is a merchant bank headquartered in Radnor, PA. The firm was founded in 2001 by Stephen Harris and Michael Cuneo and specializes in purchasing secondary interests in private equity funds and sponsoring management buyouts and recapitalizations of middle market companies. The firm invests its own capital and often partners with long-term clients and TDH Capital Partners, an affiliate that manages private equity funds and investments.

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MidCoast Capital Announces the Formation of Diversified Private Equity Investors II, LP

Rosemont, PA, January 21, 2005

MidCoast Capital, LLC today announced the formation of Diversified Private Equity Investors II, LP (“DPEI II”), a partnership managed by MidCoast Capital, LLC.

DPEI II, is the second fund formed by MidCoast to purchase secondary interests in private equity funds. DPEI II will close shortly on its first acquisition.

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About MidCoast Capital, LLC

MidCoast Capital LLC is a merchant bank headquartered in Radnor, PA. The firm was founded in 2001 by Stephen Harris and Michael Cuneo and specializes in purchasing secondary interests in private equity funds and sponsoring management buyouts and recapitalizations of middle market companies. The firm invests its own capital and often partners with long term clients and TDH Capital Partners, an affiliate that manages private equity funds and investments.

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MidCoast Capital Announces First Distribution from LVIR Investor Group, LP

Radnor, PA, April 17, 2003

MidCoast Capital, LLC today announced the first distribution from LVIR Investor Group, LP, a partnership formed to purchase the investment assets of Dime Capital Partners. LVIR Investor Group, LP, a partnership formed by the former managers of Dime Capital Partners, MidCoast Capital, LLC (via Diversified Private Investors, LP) and funds managed by LLR Partners, purchased the investment assets from Washington Mutual Bank, FA on January 31, 2003.

This initial distribution amounted to approximately 17.5% of capital invested by LVIR partners. Sources of the funds were from the sales of interests in one portfolio company and one venture fund interest as well as collection of scheduled interest, principal and dividend payments.

LVIR Investor Group, LP purchased a portfolio of equity and debt investments in approximately 30 companies plus limited partnership interests in several venture capital funds. The companies in the portfolio are located throughout the eastern United States. The former managers of Dime Capital Partners, now operating as Prometheus Management Group, LLC, continue to manage the portfolio from their offices in northern New Jersey.

MidCoast Capital, LLC and Prometheus’s principals initiated the transaction. MidCoast acted as financial advisor to Prometheus, invested in the transaction through an affiliate, Diversified Private Equity Investors, LP, and arranged the remainder of the financing.

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About MidCoast Capital, LLC

MidCoast Capital LLC is a merchant bank headquartered in Rosemont, PA. The firm was founded in 2001 by Stephen Harris and Michael Cuneo and specializes in purchasing secondary interests in private equity funds and sponsoring management buyouts and recapitalizations of middle market companies. The firm invests its own capital and often partners with long term clients and TDH Capital Partners, an affiliate that manages private equity funds and investments.