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NewStar Financial Provides $30 Million In Financing For Tremont Associates Acquisition

Sponsor acquires the assets of Jamegy, Inc.

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Boston, MA, March 28, 2007 – NewStar Financial, Inc., a Boston-based specialty finance company announces that it has provided $30 million in financing to Al Solutions, a newly formed entity of Tremont Associates, to support the acquisition of substantially all of the assets of Jamegy, Inc. Tremont, also Boston-based, is a private equity and M&A advisory firm focused on enhancing the growth of middle market companies.Jamegy, headquartered in New Cumberland, West Virginia, manufactures titanium and zirconium additives sold primarily into the aluminum industry. The Company's customers include many of the world's leading primary and secondary aluminum producers."The NewStar team was able to quickly understand this unique business and craft a debt solution with the flexibility to allow the company to continue its rapid pace of growth," commented Hank Goddard, Managing Director at Tremont Associates, "We enjoyed working with the NewStar team and will look forward to doing business with them in the future.""The Jamegy transaction is another great example of NewStar's ability to differentiate itself in the market. It demonstrates how we add value for clients through a stream-lined process and by our ability provide financing in complex situations. Interesting financings like this are one of the reasons that NewStar continues to see growth in the number of financing requests we receive from new and existing relationships." said Tim Conway, CEO of NewStarNewStar served as Administrative Agent in the transaction. BlackRock Kelso Capital provided the mezzanine financing. The deal team for this transaction from NewStar included Pat McAuliffe, Michael Purcell, Kristen Abels, Hank Spring and Bruce Catania.About NewStar Financial, Inc.:
NewStar Financial is a specialized commercial finance company focused exclusively on meeting the complex financing needs of customers in the middle market through our corporate, commercial real estate, and structured products groups. Our senior banking teams call directly on customers to provide advice and finance a range of strategic transactions that may require some combination of senior secured, second lien and mezzanine financing. NewStar typically works with customers with financing needs of up to $150 million and cash flow as low as $5 million. We target 'hold' positions of up to $35 million, but may also underwrite or arrange transactions up to $100 million for syndications to other lenders.
We are headquartered in Boston MA, with regional offices in Darien CT, Chicago IL, San Francisco CA, San Diego CA, and Charleston SC. In December of 2006, NewStar completed an Initial Public Offering. The Company's shares trade on the NASDAQ under the ticker symbol, NEWS. Please visit our website at www.newstarfin.com for more detailed transaction and contact information. About NewStar Financial, Inc.:

NewStar Financial is a specialized commercial finance company focused exclusively on meeting the complex financing needs of customers in the middle market through our corporate, commercial real estate, and structured products groups. Our senior banking teams call directly on customers to provide advice and finance a range of strategic transactions that may require some combination of senior secured, second lien and mezzanine financing. NewStar typically works with customers with financing needs of up to $150 million and cash flow as low as $5 million. We target 'hold' positions of up to $35 million, but may also underwrite or arrange transactions up to $100 million for syndications to other lenders. We are headquartered in Boston MA, with regional offices in Darien CT, Chicago IL, San Francisco CA, San Diego CA, and Charleston SC. In December of 2006, NewStar completed an Initial Public Offering. The Company's shares trade on the NASDAQ under the ticker symbol, NEWS. Please visit our website at www.newstarfin.com for more detailed transaction and contact information.






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