OLD AMERICAN GROUP

Investment Date: June 1992

Old American Group manages Old American County Mutual, a Texas Mutual Insurance Company that acts on behalf of other insurers and reinsurers to provide non-standard automobile insurance in Texas.

Wand was the sponsor and majority shareholder of Old American, a divestiture by the Resolution Trust Company (the government entity charged with working out the assets of failed thrift institutions).

Old American Group was sold to High Ridge Capital, another private equity firm, in October 1999.