06/04/05 Small players push the boundaries with big ideas (by John Synnott)

RETAIL private equity investors are in line for a share of a possible
$2billion float of Emeco International, a company that rents and sells
earthmoving equipment.

The newly listed retail fund ING Private Equity Access has a million
dollar exposure through investments in Archer Capital and Pacific
Equity Partners, which purchased Emeco in 2004 for $500million.

It was that year's blockbuster deal in private equity and came the
month before ING's fund of private equity managers was floated to give
small investors a window on the world of private equity.

PEP managing director Paul McCullagh says the strategy is to grow
Emeco's business by taking full advantage of opportunities.

Private Equity knows no national boundaries when it gets behind a good
investment.