March 2012 PEI Names Portfolio Advisors – Private Equity Fund-of-Funds of the Year in North America for 2011

To all of our Limited Partners, Clients and Friends:

We are pleased to inform you that the readers of Private Equity International have voted Portfolio Advisors, LLC as “Fund of Funds of the Year in North America” for 2011, and we are highlighted in the March issue of PEI’s Annual Review.* Attached are copies of the award notice and our “thank you” page from the publication. We believe this is a meaningful recognition, as these awards are determined by investors, general partners, and our peers across the global private equity industry.

Portfolio Advisors, LLC (“PA”) has sponsored 18 funds since launching our first PAPEF fund in 2000, and we believe that our funds offer investors customized solutions that address multiple investment objectives. Across our various funds-of-funds and breadth of investment strategies (including global diversified private equity, real estate, pan-Asian opportunities, co-investments and secondary transactions), PA’s funds have been supported by more than 600 investors in the aggregate and various PA-sponsored funds appear on the “approved platforms” of consultants and advisors. We are grateful for that support, and we look forward to continuing to earn your trust.

Thank you for your participation in our fund-of-funds programs. We are committed to finding the best private equity and private real estate investment opportunities, striving to generate top-tier investment performance, and providing you with excellence in service – reflecting your commitment and trust in Portfolio Advisors.


Portfolio Advisors, LLC

* Source: Private Equity International, Annual Review 2011, page 96 ( With respect to the ranking reported by Private Equity International (“PEI”), an industry-leading publication, the award was based upon an industry wide global survey. Portfolio Advisors was listed as one of four firms suggested by the editorial board of PEI Media. In addition, survey participants could nominate another firm not listed.The award is not indicative of future results and is not a guarantee of future performance.