Activity:                        Fast trains and maintenance

Sector:                         Manufacturing

Investment date:          March, 2006 and October, 2012

Status                          Current (partially realized)

Fund:                           MCH Private Equity Fund II & III

Talgo is a leading Spanish company in Engineering, Design, Manufacturing and Maintenance of rolling stock for railway passenger transport.

The Company is especially focused on high-speed trains and Long Distance, with strong international focus and presence in the US, Russia, Germany, Kazakhstan and Uzbekistan.  The company has focused much of its growth on the development of high-speed trains, the expansion of the range of products in the interurban train market, the multiplication of its productive capacity and the development of its international expansion.