VANTAS Incorporated, (formerly Alliance National, Inc.), New York, NY, is a leading international operator of executive office suites, with over 200 locations. Northwood co-led several rounds of institutional financing beginning in 1996, when VANTAS operated only 15 centers. Our position was sold in 1999 to publicly traded FrontLine Capital Group, Inc. for cash and stock. The company was subsequently merged with HQ Global, which operates over 300 officing centers in total. In 2004, HQ Global was acquired by Regus plc for $300 million.