DOCSLIB.ORG

New York City Employees' Retirement System

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

THE CITY OF NEW YORK TELEPHONE: (212) 669-8318 OFFICE OF THE COMPTROLLER FAX NUMBER: (212) 815-8503 BUREAU OF ASSET MANAGEMENT WWW.COMPTROLLER.NYC.GOV 1 CENTRE STREET ROOM 736 EMAIL: [email protected] NEW YORK, N.Y. 10007-2341 Scott C. Evans ───────────── Chief Investment Officer SCOTT M. STRINGER COMPTROLLER MEMORANDUM TO: Trustees New York City Police Pension Fund FROM: Scott C. Evans DATE: February 24, 2015 RE: New York City Police Pension Fund Investment Meeting – March 3, 2015 Enclosed is a copy of the public agenda for the March 3, 2015 Investment Meeting. The meeting will be held at the Police Pension Fund, 233 Broadway – 25th Floor; beginning at 10:00am. Please remember to bring your Quarterly Performance Overview book with you to the meeting, it will be mailed to you. If you have questions about any agenda item, please give me a call at 212-669-8318. I:\Investment Strategy\Agendas\AGENDAS -POLICE\03 - March 3, 2015\Memo (Public).doc 1 THE CITY OF NEW YORK OFFICE OF THE COMPTROLLER 1 CENTRE STREET NEW YORK, N.Y. 10007-2341 ───────────── Scott M. Stringer COMPTROLLER NEW YORK CITY POLICE PENSION FUND INVESTMENT MEETING MARCH 3, 2015 2 NEW YORK CITY POLICE PENSION FUND INVESTMENT MEETING MARCH 3, 2015 PUBLIC AGENDA Page I. Performance Reviews: (30 Minutes) • Quarterly Review/Annual Review – December 31, 2014 (To be distributed) 6 • ETI Quarterly Report – December 31, 2014 • Private Equity Quarterly Report – September 30, 2014 12 • Real Assets Quarterly Report – September 30, 2014 43 II. January Monthly Performance Review: (30 Minutes) (Material to be sent under separate cover) --- APPENDICES: • Basket Clause 74 • Liquidity Analysis 76 3 PUBLIC AGENDA 4 I. Performance Reviews: 5 Quarterly Review/Annual Review (To be distributed) 6 ~ETI Quarterly Report~ Police Economically Targeted Investments Quarterly Report 7 Public/Private Apartment Rehabilitation Program (PPAR) Lenders* BOA CCD CFSB CPC JPMS LIIF NCBCI NHS Wells Fargo All Lender Totals Dollars Units Dollars Units Dollars Units Dollars Units Dollars Units Dollars Units Dollars Units Dollars Units Dollars Units Dollars Units Contractual Commitments $25.00 MM n/a $10.00 MM n/a $4.00 MM n/a $160.00 MM n/a $40.00 MM n/a $15.00 MM n/a $4.00 MM n/a $2.00 MM n/a $5.00 MM n/a $265.00 n/a Current Market Value $7.55 MM $4.90 MM $1.32 MM $106.26 MM $3.75 MM $3.20 MM $0.96 MM $0.64 MM $0.00 MM $128.58 MM Commitments 4Q 14 (included in total) Bronx $0 0 $182,500 67 $0 0 $106,875 3 $0 0 $0 0 $0 0 $0 0 $0 0 $289,375 70 Brooklyn 536,000 58 0 0 0 0 1,822,081 260 0 0 0 0 0 0 0 0 0 0 2,358,081 318 Manhattan 0 0 0 0 0 0 5,193,000 399 0 0 0 0 0 0 0 0 0 0 5,193,000 399 Queens 480,000 54 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 480,000 54 Staten Island 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 90,000 67 90,000 67 Outside of NYC 476,000 39 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 476,000 39 Total $1,492,000 151 $182,500 67 $0 0 $7,121,956 662 $0 0 $0 0 $0 0 $0 0 $90,000 67 $8,886,456 947 Delivered 4Q 14 (included in total) Bronx $0 0 $0 0 $0 0 $2,712,135 288 $2,125,479 108 $360,000 43 $0 0 $0 0 $0 0 $5,197,614 439 Brooklyn 0 0 585,000 128 0 0 175,725 10 0 0 0 0 0 0 0 0 0 0 760,725 138 Manhattan 0 0 0 0 0 0 4,631,063 422 0 0 0 0 0 0 0 0 0 0 4,631,063 422 Queens 689,120 65 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 689,120 65 Staten Island 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Outside of NYC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total $689,120 65 $585,000 128 $0 0 $7,518,922 720 $2,125,479 108 $360,000 43 $0 0 $0 0 $0 0 $11,278,521 1,064 Total Commitments Bronx $1,400,000 60 $856,200 153 $0 0 $7,623,502 649 $11,277,699 847 $598,000 74 $0 0 $0 0 $0 0 $21,755,401 1,783 Brooklyn 2,021,521 112 0 0 0 0 13,112,972 1,127 2,618,120 268 2,350,993 212 0 0 0 0 0 0 20,103,605 1,719 Manhattan 1,792,000 100 0 0 0 0 15,219,087 1,149 1,796,020 232 3,478,918 338 155,773 8 0 0 0 0 22,441,797 1,827 Queens 3,326,624 163 0 0 0 0 5,971,050 406 360,000 96 0 0 0 0 0 0 0 0 9,657,674 665 Staten Island 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 90,000 67 90,000 67 Outside of NYC 476,000 39 0 0 0 0 4,871,475 207 1,541,356 122 0 0 0 0 0 0 0 0 6,888,831 368 Total $9,016,145 474 $856,200 153 $0 0 $46,798,085 3,538 $17,593,195 1,565 $6,427,911 624 $155,773 8 $0 0 $90,000 67 $80,937,309 6,429 Historical Investments Bronx $5,435,177 1,216 $1,098,250 366 $0 0 $78,884,603 6,324 $3,699,479 352 $360,000 43 $0 0 $0 0 $0 0 $89,477,509 8,301 Brooklyn 763,676 88 1,355,604 252 0 0 81,398,866 4,351 0 0 1,390,000 245 0 0 330,213 7 0 0 85,238,359 4,943 Manhattan 475,691 48 1,525,075 283 1,531,217 197 72,814,887 4,480 54,000 47 1,472,462 122 920,742 123 252,445 15 0 0 79,046,519 5,315 Queens 1,169,120 130 380,000 54 0 0 21,191,301 1,258 0 0 0 0 0 0 0 0 0 0 22,740,421 1,442 Staten Island 0 0 0 0 0 0 2,862,500 111 0 0 0 0 0 0 0 0 0 0 2,862,500 111 Outside of NYC 0 0 0 0 0 0 3,540,825 217 0 0 0 0 0 0 0 0 0 0 3,540,825 217 Total $7,843,663 1,482 $4,358,929 955 $1,531,217 197 $260,692,982 16,741 $3,753,479 399 $3,222,462 410 $920,742 123 $582,658 22 $0 0 $282,906,132 20,329 *Lenders : Bank of Citibank Community Carver Federal The Community JP Morgan Low Income NCB Capital Impact Neighborhood Wells Fargo America Development Savings Bank Preservation Corporation Chase Investment Fund Housing Service The City of New York - Office of the Comptroller Collateral Benefits as of 12/31/2014 Police Economically Targeted Investments Quarterly Report 8 Public/Private Apartment Rehabilitation Program (PPAR) Historical Investments Since Inception AII PPAR Lenders Brooklyn $85,238,359 30% Manhattan 4,943 Units $79,046,519 28% 5,315 Units Bronx $89,477,509 32% Queens 8,301 Units $22,740,421 Outside of NYC Staten Island 8% $3,540,825 $2,862,500 1,442 Units 1% 1% 217 Units 111 Units Current Commitments AII PPAR Lenders Brooklyn $20,103,605 Manhattan 25% $22,441,797 1,719 Units 28% 1,827 Units Bronx $21,755,401 Queens 27% $9,657,674 1,783 Units 12% 665 Units Outside of NYC Staten Island $6,888,831 $90,000 9% 0% 368 Units 67 Units The City of New York - Office of the Comptroller Collateral Benefits as of 12/31/2014 Police Economically Targeted Investments Quarterly Report 9 AFL-CIO Housing Investment Trust (HIT) Market Value $120.44 million* NYC Community Investment Initiative (NYCCII ) NYCCII Phase II 2006-2013 HIT Multifamily Investments Multifamily Investments Detail Manhattan Investments Housing Units $174,075,200 Borough 4Q Investments Since Inception 4Q Housing Units Since Inception 38% Queens Bronx $0 $52,827,900 0 802 926 Units $17,760,000 Brooklyn 0 103,890,446 0 5,616 4% Manhattan 0 174,075,200 0 926 1,260 Units Queens 0 17,760,000 0 1,260 Staten Island 0 6,414,554 0 693 Outside NYC 0 100,000,000 0 137 Total $0 $454,968,100 0 9,434 Grand Total NYCCII Phase II $454,968,100 9,434 NYCCII Phase I 2002 - 2005 Dollars Units Member Loans Total All NYC PF's Multifamily Investments $249,123,500 12,337 n/a n/a HIT Home Investments 348,300,563 n/a 131 446 Staten Island Total NYCCII Phase I $597,424,063 12,337 131 446 $6,414,554 1% 693 Units NYCCII Phases I & II Brooklyn $103,890,446 Dollars Units Member Loans Total All NYC PF's 23% 5,616 Units Multifamily Investments $704,091,600 21,771 n/a n/a Outside NYC Bronx HIT Home Investments 2,899,899,500 n/a 131 446 $100,000,000 $52,827,900 Grand Total NYCCII Phases I & II $3,603,991,100 21,771 131 446 22% 12% 137 Units 802 Units *Interest is reinvested The City of New York - Office of the Comptroller Collateral Benefits as of 12/31/2014 Police Economically Targeted Investments Quarterly Report 10 AFL-CIO Housing Investment Trust (HIT) NYC Workforce Housing Initiative Investments Through 12/31/2014 Workforce Investments Detail Investments Housing Units Borough 4Q Investments Since Inception 4Q Housing Units Since Inception Bronx $0 $5,000,000 0 776 Brooklyn 0 8,051,087 0 422 Manhattan 0 214,252,488 0 4,627 Queens 8,265,000 58,293,425 619 3,226 Staten Island 0 0 0 0 Total $8,265,000 $285,597,000 619 9,051 HIT Workforce Housing Initiative Manhattan $214,252,488 75% 4,627 Units Queens $58,293,425 20% 3,226 Units Brooklyn Bronx Staten Island $8,051,087 $5,000,000 $0 3% 2% 0% 422 Units 776 Units 0 Units The City of New York - Office of the Comptroller Collateral Benefits as of 12/31/2014 Police Economically Targeted Investments Quarterly Report 11 ACCESS CAPITAL STRATEGIES (Since Inception 2/1/07) $61 million Allocated (20.33% of total account) Access Multifamily Investments Since Inception Police Market Value $63.98 million Manhattan $12,955,248 Multifamily Investments Detail $ Invested Units Brooklyn 43% 4Q Total 4Q Total $4,482,944 5,738 Units Bronx $706,387 $9,073,067 79 16,960 15% Brooklyn 0 $4,482,944 0 8,633 8,633 Units Manhattan 0 $12,955,248 0 5,738 Queens 0 $3,384,945 0 873 Staten Island 0 $0 0 0 Total Police Multifamily Investments 706,387 $29,896,204 79 32,204 Multifamily Total All Systems 3,474,605 $147,054,619 79 32,204 Single Family Investments Detail $ Invested Units Queens 4Q Total 4Q Total $3,384,945 Bronx 0 $6,974,846 0 200 11% Brooklyn 0 $19,817,337 0 500 873 Units Manhattan 0 $1,736,021 0 39 Queens 0 $28,704,153 0 655 Bronx Staten Island Staten Island 0 $16,017,876 0 371 $9,073,067 $0 Total Police Single Family Investments 0 $73,250,233 0 1,765 30% 0% 16,960 Units 0 Units Single Family Total All Systems 0 $360,306,112 0 1,765 Access Single Family Investment Since Inception Police Bronx Other Investments Detail $ Invested Units Staten Island $6,974,846 4Q Total 4Q Total $16,017,876 10% Bronx 0 $137,228 0 1 22% 200 Units Brooklyn 0 $1,095,869 0 8 371 Units Manhattan 0 $494,610 0 5 Queens 0 $110,480 0 3 Staten Island 0 $0 0 0 Brooklyn Total Police Other Investments 0 $1,838,186 0 17 $19,817,337 27% 500 Units Other Investments Total All Systems 0 $9,041,740 0 17 Grand Total Police 706,387 $104,984,622 Grand Total All Systems 3,474,605 $516,402,471 Queens Manhattan $28,704,153 $1,736,021 39% 2% 655 Units 39 Units The City of New York - Office of the Comptroller Collateral Benefits as of 12/31/2014 12 ~Private Equity Quarterly Report~ 13 Private Equity Monitoring Report For the period ended September 30, 2014 Report Prepared For: New York City Police Pension Fund, Subchapter 2 14 Table of Contents I.
Recommended publications
  • Combining Banking with Private Equity Investing*

    Combining Banking with Private Equity Investing*

    Unstable Equity? * Combining Banking with Private Equity Investing First draft: April 14, 2010 This draft: July 30, 2010 Lily Fang INSEAD Victoria Ivashina Harvard University and NBER Josh Lerner Harvard University and NBER Theoretical work suggests that banks can be driven by market mispricing to undertake activity in a highly cyclical manner, accelerating activity during periods when securities can be readily sold to other parties. While financial economists have largely focused on bank lending, banks are active in a variety of arenas, with proprietary trading and investing being particularly controversial. We focus on the role of banks in the private equity market. We show that bank- affiliated private equity groups accounted for a significant share of the private equity activity and the bank’s own capital. We find that banks’ share of activity increases sharply during peaks of the private equity cycles. Deals done by bank-affiliated groups are financed at significantly better terms than other deals when the parent bank is part of the lending syndicate, especially during market peaks. While bank-affiliated investments generally involve targets with better ex-ante characteristics, bank-affiliated investments have slightly worse outcomes than non-affiliated investments. Also consistent with theory, the cyclicality of banks’ engagement in private equity and favorable financing terms are negatively correlated with the amount of capital that banks commit to funding of any particular transaction. * An earlier version of this manuscript was circulated under the title “An Unfair Advantage? Combining Banking with Private Equity Investing.” We thank Anna Kovner, Anthony Saunders, Antoinette Schoar, Morten Sorensen, Per Strömberg, Greg Udell and seminar audiences at Boston University, INSEAD, Maastricht University, Tilburg University, University of Mannheim and Wharton for helpful comments.
  • Yucaipa Companies

    Yucaipa Companies

    YUCAIPA COMPANIES: “POSTER CHILD FOR THE ILLS OF POLITICAL DONATIONS AND BUSINESS” Yucaipa is a holding company that invests across a wide range of industries—from groceries to logistics to magazine distribution. Ronald Burkle, chairman of Yucaipa, has been a multi-million fundraiser and donor for Bill and Hillary Clinton and in Bill Clinton’s post-presidency, Burkle has emerged as a close friend and rain- maker for the Clintons – and the friendship has been prosperous for both. “The mainstream business press beats up on [Burkle], essentially for buying access and influence among politicians and leaders of the pension funds that invest with him (FORBES included). ‘I basically became the poster child for the ills of political donations and business. It’s preposterous!’ Burkle protests.” [Forbes, 12/11/06] BILL CLINTON AND YUCAIPA 2006: Bill Clinton Has Guaranteed Payments “Over $1,000” From Yucaipa And Has Invested In Several Yucaipa Funds. Hillary’s financial disclosure report indicates that Bill Clinton has “over $1,000” in guaranteed payments from Yucaipa Global Holdings. Because the Clintons are not required to report the actual amount or any range of income that is more specific than “over $1,000” we do not know how much Bill has been compen- sated. Through WJC International Investments GP, Bill Clinton invests in Yucaipa Global Holdings and Yu- caipa Global Partnership. The Yucaipa Global Partnership Fund “invests in securities of corporations that con- duct significant operations in foreign countries.” Clinton reported interest income between $201-$1,000 from Yucaipa Global Holdings and between $1,001-$2,500 from Yucaipa Global Partnership Fund.
  • Staffing M&A Funders and Advisors

    Staffing M&A Funders and Advisors

    Global Market Information and Forecasts Staffing M&A Funders and Advisors 2 September 2020 | Adam Pode, Director of Research (EMEA & APAC) | [email protected] M&A Funders and Advisors Directory | 2 September 2020 Introduction Use this report to identify M&A • This directory provides full records for over 30 companies operating in the M&A space funders and advisors and around the world. Some firms provide services in just one market while others provide understand the nature of their international and cross-border M&A advice and services in up to 40+ countries. They are services listed in alphabetical order, and an index is provided at the rear of this document (page 34). • An additional 115+ firms who have been identified as providing M&A services are also shown (pages 28 to 33). We have tried to make this report as exhaustive as possible, but if there are additional companies you believe should be listed, or if you would like to contribute a “full” entry within this directory, please contact the author, shown below. • This report is designed as a standalone document but can also be read in conjunction with our M&A reports which are available to subscribers of Staffing Industry Analysts’ research services. These included our interactive dashboard of staffing and workforce solutions M&A activity, which details more than 1,300 transactions in the sector. • If you are interested in joining our service or require further information, please contact Tina McGarvey at [email protected]. In addition, you can subscribe free to our Daily News, which reports deals as and when they happen, by clicking here.
  • Morgans Hotel Group Co. Form 10-K/A Annual Report Filed 2013-10

    Morgans Hotel Group Co. Form 10-K/A Annual Report Filed 2013-10

    SECURITIES AND EXCHANGE COMMISSION FORM 10-K/A Annual report pursuant to section 13 and 15(d) [amend] Filing Date: 2013-10-02 | Period of Report: 2012-12-31 SEC Accession No. 0001193125-13-387531 (HTML Version on secdatabase.com) FILER Morgans Hotel Group Co. Mailing Address Business Address 475 TENTH AVENUE 475 TENTH AVENUE CIK:1342126| IRS No.: 161736884 | State of Incorp.:DE | Fiscal Year End: 1231 NEW YORK NY 10018 NEW YORK NY 10018 Type: 10-K/A | Act: 34 | File No.: 001-33738 | Film No.: 131128139 212-277-4100 SIC: 7011 Hotels & motels Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K/A Amendment No. 2 (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33738 Morgans Hotel Group Co. (Exact name of registrant as specified in its charter) Delaware 16-1736884 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 475 Tenth Avenue New York, New York 10018 (Address of principal executive offices) (Zip Code) (212) 277-4100 (Registrants telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, $0.01 par value The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Copyright © 2013 www.secdatabase.com.
  • HVPE Prospectus

    HVPE Prospectus

    MERRILL CORPORATION GTHOMAS// 1-NOV-07 23:00 DISK130:[07ZDA1.07ZDA48401]BA48401A.;44 mrll.fmt Free: 11DM/0D Foot: 0D/ 0D VJ J1:1Seq: 1 Clr: 0 DISK024:[PAGER.PSTYLES]UNIVERSAL.BST;67 8 C Cs: 17402 PROSPECTUS, DATED 2 NOVEMBER 2007 Global Offering of up to 40,000,000 Shares of 1NOV200718505053 This document describes related offerings of Class A ordinary shares (the ‘‘Shares’’) of HarbourVest Global Private Equity Limited (the ‘‘company’’), a closed-ended investment company organised under the laws of Guernsey. Our Shares are being offered (a) outside the United States, and (b) inside the United States in a private placement to certain qualified institutional buyers (‘‘QIBs’’) as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the ‘‘U.S. Securities Act’’), who are also qualified purchasers (‘‘qualified purchasers’’) as defined in the U.S. Investment Company Act of 1940, as amended (the ‘‘U.S. Investment Company Act’’) (the ‘‘Global Offering’’). We intend to issue up to 40,000,000 Shares in the Global Offering. In addition, we intend separately to issue Shares to certain third parties in a private placement in exchange for either cash or limited partnership interests in various HarbourVest-managed funds (the ‘‘Directed Offering’’ and, together with the Global Offering, the ‘‘Offerings’’). We will not issue, in the aggregate, more than 85,000,000 Shares in the Offerings. The Shares carry limited voting rights. No public market currently exists for the Shares. We have applied for the admission to trading all of the Shares on Euronext Amsterdam by NYSE Euronext (‘‘Euronext Amsterdam’’), the regulated market of Euronext Amsterdam N.V.
  • PEI June2020 PEI300.Pdf

    PEI June2020 PEI300.Pdf

    Cover story 20 Private Equity International • June 2020 Cover story Better capitalised than ever Page 22 The Top 10 over the decade Page 24 A decade that changed PE Page 27 LPs share dealmaking burden Page 28 Testing the value creation story Page 30 Investing responsibly Page 32 The state of private credit Page 34 Industry sweet spots Page 36 A liquid asset class Page 38 The PEI 300 by the numbers Page 40 June 2020 • Private Equity International 21 Cover story An industry better capitalised than ever With almost $2trn raised between them in the last five years, this year’s PEI 300 are armed and ready for the post-coronavirus rebuild, writes Isobel Markham nnual fundraising mega-funds ahead of the competition. crisis it’s better to be backed by a pri- figures go some way And Blackstone isn’t the only firm to vate equity firm, particularly and to towards painting a up the ante. The top 10 is around $30 the extent that it is able and prepared picture of just how billion larger than last year’s, the top to support these companies, which of much capital is in the 50 has broken the $1 trillion mark for course we are,” he says. hands of private equi- the first time, and the entire PEI 300 “The businesses that we own at Aty managers, but the ebbs and flows of has amassed $1.988 trillion. That’s the Blackstone that are directly affected the fundraising cycle often leave that same as Italy’s GDP. Firms now need by the pandemic, [such as] Merlin, picture incomplete.
  • Partners Group Private Equity

    Partners Group Private Equity

    SECURITIES AND EXCHANGE COMMISSION FORM NPORT-P Filing Date: 2020-08-26 | Period of Report: 2020-06-30 SEC Accession No. 0001752724-20-174334 (HTML Version on secdatabase.com) FILER Partners Group Private Equity (Master Fund), LLC Mailing Address Business Address 1114 AVENUE OF THE 1114 AVENUE OF THE CIK:1447247| IRS No.: 800270189 | State of Incorp.:DE | Fiscal Year End: 0331 AMERICAS AMERICAS Type: NPORT-P | Act: 40 | File No.: 811-22241 | Film No.: 201137479 37TH FLOOR 37TH FLOOR NEW YORK NY 10036 NEW YORK NY 10036 212-908-2600 Copyright © 2020 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document ITEM 1. SCHEDULE OF INVESTMENTS. The Schedule(s) of Investments is attached herewith. Partners Group Private Equity (Master Fund), LLC (a Delaware Limited Liability Company) Consolidated Schedule of Investments — June 30, 2020 (Unaudited) The unaudited consolidated schedule of investments of Partners Group Private Equity (Master Fund), LLC (the “Fund”), a Delaware limited liability company that is registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), as a non-diversified, closed-end management investment company, as of June 30, 2020 is set forth below: INVESTMENT PORTFOLIO AS A PERCENTAGE OF TOTAL NET ASSETS Copyright © 2020 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Partners Group Private Equity (Master Fund), LLC (a Delaware Limited Liability Company) Consolidated Schedule of Investments — June 30, 2020 (Unaudited) Acquisition Fair Industry Shares Date Value Common Stocks (2.38%) Asia - Pacific (0.06%) Alibaba Group Holding Ltd. Technology 06/19/20 4,439 $ 957,581 APA Group Utilities 02/11/16 360,819 2,765,432 Total Asia - Pacific (0.06%) 3,723,013 North America (1.09%) American Tower Corp.
  • Open Formatted Thesis.Pdf

    Open Formatted Thesis.Pdf

    THE PENNSYLVANIA STATE UNIVERSITY SCHREYER HONORS COLLEGE DEPARTMENT OF SUPPLY CHAIN AND INFORMATION SYSTEMS THE RISE AND FALL OF TESCO IN THE UNITED STATES ERIKA VEISZLEMLEIN FALL 2018 A thesis submitted in partial fulfillment of the requirements for a baccalaureate degree in Supply Chain and Information Systems with honors in Supply Chain and Information Systems Reviewed and approved* by the following: Dr. Robert Novack Associate Professor of Supply Chain and Information Systems Thesis Supervisor Dr. John C. Spychalski Professor Emeritus of Supply Chain Management Honors Adviser * Signatures are on file in the Schreyer Honors College. i ABSTRACT Tesco—an uncommon name in North America, yet one of the largest retailers of our time. With nearly 7000 stores worldwide and 460,000 employees, it is no surprise that Tesco currently holds the title of ninth largest retailer in the world. Founded in 1919 by Jack Cohen, a former member of the Royal Flying Force, Tesco began as nothing more than a small grocery stall run by a twenty-one year old boy. After thirteen years of expansion, Tesco became a private limited company in 1932, followed by the construction of its first headquarters and warehouse, the most modern of its kind in England. The next major milestone materialized following the Second World War, when it became a publically traded company in 1947. By the time Cohen died in 1979, the company’s total sales had reached £1 billion and were to double in the following three years. In 1995 it claimed the title of the UK’s top grocer, a title it continues to hold today.
  • John Laco Partner

    John Laco Partner

    John Laco Partner Los Angeles D: +1-213-430-6544 [email protected] John Laco is a seasoned corporate lawyer with 30 years of Admissions experience advising public and private companies and financial investors. Bar Admissions California He works with some of the best-known Southern California companies global private equity and institutional investors along the full investment cycle, from negotiating initial investments and Education acquisitions to subsequent tack-on acquisitions, financings, and Loyola Marymount University, J.D., portfolio company growth counseling. 1992: Loyola Law Review, Editor and John is also a boardroom level counselor who provides C-level Staff Member; Order of the Coif; American Jurisprudence Award, executives, in-house counsel, and boards of directors with Torts/Legal Writing experienced corporate advice on fiduciary duties, corporate University of Notre Dame, B.S.E.E., structuring, stockholder agreements, complex commercial 1987 arrangements and transformative strategic undertakings. Lead Engineer/Manager, Northrop, He offers deep knowledge of business and legal issues in the Reliability Engineering Group, 1987- manufacturing, retail, infrastructure, agriculture, aerospace, and 1989 technology sectors, and is a founding member of O’Melveny’s Water Industry Practice. John leads O’Melveny’s Equity Investment Committee, an internal group managing the investment of more than US$180 million of the firm’s retirement funds. He is the Chair of the O’Melveny Scholarship Program, which provides college scholarships and mentors to fifth graders at LAUSD’s O’Melveny Elementary School, with the goal of encouraging each “O’Melveny Scholar” to succeed academically and pursue a college education. O’Melveny & Myers LLP 1 Experience • Representing Guess?, Inc.
  • Friday, February 8, 2013 Stephen M. Ross School of Business Blau Auditorium

    Friday, February 8, 2013 Stephen M. Ross School of Business Blau Auditorium

    Hosted by Alternative“Fireside Investment Chat” Presented by Professor David “FiresideManagement Chat” Jeff Gelfand Brophy “Fireside Chat” Brought to you by The UM Center for Venture Capital and Private Equity Finance Friday, February 8, 2013 Stephen M. Ross School of Business Blau Auditorium Session 1: Women in Investment Management, 9:30am - 11:15am Introduction: Alison Davis-Blake, Dean, Stephen M. Ross School of Business Moderator: Marcy Engel, Chief Operating Officer, Eton Park Capital Management Caryn Seidman-Becker, Chairman and Chief Executive Officer, CLEAR Kelli Turner, President, RSL Capital Leslie Rubler Warner, Vice President, Goldman, Sachs & Co. Amy Wildstein, Fund Manager, Boldcap Ventures Session 2: Buy Side v. Sell Side, 11:30am - 1:15pm Moderator: Marc Nabi, Managing Director, UBS Evan Damast, Managing Director, Morgan Stanley & Co. Steve Sakwa, Senior Managing Director, ISI Scott Schefrin, Portfolio Manager, Magnetar Capital Eric Sealove, Head Trader, TPG-Axon Capital Doug Shapiro, Senior Vice President, Time Warner Session 3: Hedge Fund Portfolio Management, 1:45pm - 3:15pm Moderator: Richard Lui, News Anchor, MSNBC Steven Shenfeld, President, MidOcean Credit Drew Marcus, Managing Partner, Sugarloaf Rock Capital David Goldman, Managing Director, PointState Capital Andrew Kim, Vice President, Paulson & Co. John Long, Partner, PointState Capital Steve Rosenberg, Investment Analyst, Hoplite Capital Session 4: Day in the Life of a Hedge Fund COO/General Counsel, 3:30pm - 5:00pm Moderator: Marcy Engel, Chief Operating Officer, Eton Park Capital Management Jeff Gelfand, Senior Managing Director & Chief Financial Officer, Centerbridge Partners Jason Herman, Partner, Simpson, Thacher & Bartlett Dan Hunter, Partner, Schulte, Roth & Zabel Ian Sandler, Chief Operating Officer, Carlyle Global Please RSVP to [email protected].
  • ILPA Releases Second Report in Diversity in Action Series

    ILPA Releases Second Report in Diversity in Action Series

    ILPA Releases Second Report in Diversity in Action Series Diversity in Action – Sharing Our Progress Report Details the Initiative’s Growth and Insights Into Integrating DEI Into Investment Strategies 1776 Eye St. NW August 31, 2021 (Washington, D.C.) The Institutional Limited Partners Association (ILPA) today released the Suite 525 second report in its Diversity in Action – Sharing Our Progress series. The report series is an extension of ILPA’s Washington, DC Diversity in Action initiative and aims to provide actionable recommendations on steps that can be taken to 20006 improve diversity, equity and inclusion in private markets. “The industry continues to respond positively to the Diversity in Action Initiative with new signatories joining every week,” said Steve Nelson, CEO of ILPA. “The Initiative now claims 180 signatories who have all been incredibly active in conversations with one another and have acted as tremendous partners to ILPA on our related work, having meaningfully contributed to our updated ILPA Diversity Metrics Template.” The Diversity in Action – Sharing Our Progress report series tracks the evolution of Initiative signatories by geography, strategy and fund size as well as progress on adoption of all the actions within the Framework. As of August 2021, the Initiative’s geographic reach is increasing, now with 38 signatories outside North America, a 52% increase in this cohort since April. The latest report focuses on how signatories are integrating diversity, equity and inclusion into investment strategies including
  • Midocean Credit CLO I Barclays

    Midocean Credit CLO I Barclays

    FINAL OFFERING CIRCULAR (IRISH LISTING) MidOcean Credit CLO I MidOcean Credit CLO I LLC U.S.$210,500,000 Class A-1-RR Senior Secured Floating Rate Notes due 2024 U.S.$39,000,000 Class A-2-RR Senior Secured Floating Rate Notes due 2024 U.S.$22,000,000 Class B-RR Senior Secured Deferrable Floating Rate Notes due 2024 U.S.$13,500,000 Class C-RR Senior Secured Deferrable Floating Rate Notes due 2024 U.S.$11,400,000 Class D-RR Secured Deferrable Floating Rate Notes due 2024 The Issuer’s investment portfolio consists primarily of bank loans and Participation Interests in bank loans. The portfolio is being managed by MidOcean Credit Fund Management LP. The Notes will be sold at negotiated prices determined at the time of sale. See “Plan of Distribution” beginning on page 74. Investing in the Notes involves risks. See “Risk Factors” beginning on page 18. It is a condition of the issuance of the Notes that Moody’s has assigned a rating to the Class A-1-RR Notes are rated “Aaa (sf)” and S&P has assigned a rating to (i) the Class A-1-RR Notes of “AAA(sf),” (ii) the Class A-2-RR Notes of at least “AA(sf),” (iii) the Class B-RR Notes of at least “A(sf),” (iv) the Class C-RR Notes of at least “BBB(sf)” and (v) the Class D-RR Notes of at least “BB(sf).” See “Risk Factors—Ratings on the Secured Notes.” THE NOTES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT, AND NEITHER CO-ISSUER HAS BEEN REGISTERED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED.