Divestment of Emotron (SE) by Polaris Private Equity (DK/SE) to Crompton Greaves Limited (IN) — Amount not disclosed

Carnegie acted as adviser to Polaris Private Equity in the divestment of Emotron to Crompton Greaves Limited. Emotron develops solutions for the control and monitoring of electric motors, offering energy savings, reduced maintenance and improved productivity. June, 2011.