At 31 December 2009, Graphite Enterprise had made commitments to 41 funds which in turn had invested in 255 underlying companies. The fifteen largest funds accounted for 62.0% of the total investment portfolio, and are shown below.

• Graphite Capital Partners VI Mid-market buy-outs
• ICG European Fund 2006 Mezzanine loans to buy-outs
• Fourth Cinven Fund Large buy-outs
• Doughty Hanson & Co V Mid-market and large buy-outs
• Doughty Hanson & Co IV Mid-market and large buy-outs
• Apax Europe VII Large buy-outs
• Thomas H Lee Fund VI Large buy-outs
• Candover 2005 Fund Large buy-outs
• Graphite Capital Partners VII Mid-market buy-outs
• Deutsche Beteiligungs AG Fund IV Mid-market buy-outs
• Euromezzanine 5 Mezzanine loans to mid-market buy-outs
• CVC European Equity Partners Tandem Fund Large buy-outs
• Euromezzanine 4 Mezzanine loans to mid-market buy-outs
• TDR Capital II Fund Mid-market and large buy-outs
• CVC European Equity Partners Fund V Large buy-outs