Investment Fees for the Fiscal Year Ended June 30, 2018 Transparency of the Montana Investment Expenses

Total Page:16

File Type:pdf, Size:1020Kb

Investment Fees for the Fiscal Year Ended June 30, 2018 Transparency of the Montana Investment Expenses Investment Fees For the Fiscal Year Ended June 30, 2018 Transparency of the Montana Investment Expenses The Montana Board of Investment’s Investment Fees Report is a breakdown of the Investment Fees section of the Unified Investment Program (UIP) Financial Statements. The Investment Fees Report is unaudited and may be subject to change. Board expenses are allocated and segmented using an activity-based budgeting process that incorporates time estimates, functional investment activities and cost centers that can change over time. Custodial bank fees are contractual based on holdings, transactions and other pre-defined variables such as the number of active accounts. Custody expenses are allocated across the various investment pools based on holdings, transactions, or a direct charge. Contractual fees for external managers are aggregated at the parent company level across all partnerships and investment accounts. Additional information can be found at www.investmentmt.com Montana Board of Investments | June 30, 2018 | 2 Table of Contents FY2018 Investment Fees from UIP Financial Statements 4 Consolidated Asset Pension Pool (CAPP) 5 Trust Funds Investment Pool (TFIP) 8 Short Term Investment Pool (STIP) 9 Separately Managed Investments (SMI) 10 End Notes 11 Montana Board of Investments | June 30, 2018 | 3 Total Fiscal Year 2018 Investment Fees (in thousands) Custodial External Pool and SMI Board Bank Managers Total Consolidated Asset Pension Pool (CAPP) $ 3 ,730 $ 1 ,249 $ 4 7,834 $ 5 2,813 Trust Funds Investment Pool (TFIP) 331 126 1,648 2,105 Short Term Investment Pool (STIP) 443 261 - 704 Separately Managed Investments (SMI) 677 127 691 1,495 Total $ 5,181 $ 1,763 $ 50,173 $ 57,117 Montana Board of Investments | June 30, 2018 | 4 Pool and SMI Group Name Board Custodial Bank External Managers Total CAPP Board Per Diem 4,526 4,526 Commerce Department Services 337,884 337,884 Communications 17,079 17,079 Consulting 277,614 277,614 Data Service Providers 281,186 281,186 Miscellaneous 31,312 31,312 Other Contracted Services 153,713 153,713 Personnel Services 2,061,629 2,062,042 Private Equity and Real Estate Legal Fees 146,113 146,113 Rent 101,496 101,496 Repairs and Maintenance 1,139 1,139 Research Services 139,830 139,830 Supplies and Materials 29,035 29,035 Travel 146,992 146,992 State Street Bank 1,249,370 1,249,370 Acadian Asset Management, Inc. 681,801 681,801 Adams Street Partners 248,999 248,999 Affinity Equity Partners 383,321 383,321 Alex Brown Realty Chesapeake Investors 380,682 380,682 AllianceBernstein LP 814,849 814,849 Almanac Realty Investors 56,451 56,451 American Century 451,602 451,602 American Realty Advisors 164,897 164,897 American Securities LLC 113,654 113,654 Analytic Investors 116,561 116,561 Angeles Equity Partners, LLC 520,731 520,731 Angelo Gordon Company 844,750 844,750 Arclight Capital Partners 291,149 291,149 Ares Management, L.P. 342,577 342,577 Artisan Partners Limited Partnership 1,117,782 1,117,782 Axiom Asia Private Capital 637,500 637,500 Baillie Gifford 644,659 644,659 BKM Capital Partners 459,201 459,201 Black Diamond Capital Management L.L.C. 98,509 98,509 BlackRock Institutional 1,727,829 1,727,829 Builders VC 647,000 647,000 Carlyle Group 203,211 203,211 Cartesian Capital Group, LLC 232,536 232,536 Catalyst Capital Group, Inc. 405,652 405,652 CBRE Global Investors 295,726 295,726 CCMP Capital Advisors, LLC 353,011 353,011 Centerbridge Capital Partners 762,462 762,462 CIM Group 223,799 223,799 Congress Asset Management 143,797 143,797 DFW Captial Partners 365,132 365,132 Dimensional Fund Advisors 544,998 544,998 DRA Advisors, LLC 1,033,113 1,033,113 Equus Capital Partners, Ltd. 524,285 524,285 Eureka Growth Capital Management, L.P. 340,000 340,000 Executive Property Services 54,300 54,300 Franklin Templeton 721,750 721,750 GEM Realty Capital, Inc. 812,848 812,848 GI General Partners 312,366 312,366 Montana Board of Investments | June 30, 2018 | 5 Pool and SMI Group Name Board Custodial Bank External Managers Total Gridiron Capital 133,112 133,112 Guardian Capital Partners Management 189,013 189,013 Hammond, Kennedy, Whitney & Company, Inc. 64,765 64,765 Harbert Management Corporation 221,470 221,470 HarbourVest Partners 728,643 728,643 HCI Equity Partners 360,211 360,211 Highway 12 Ventures 10,587 10,587 Hudson Realty Capital 54,171 54,171 Invesco Advisors, Inc. 1,266,743 1,266,743 Iridian Asset Management LLC 714,893 714,893 J.P. Morgan 2,881,506 2,881,506 Jacobs Levy Equity Management, Inc. 318,167 318,167 JLL Partners 197,908 197,908 Kimmeridge Energy 762,329 762,329 Kinderhook Industries, LLC 696,275 696,275 Landmark Partners 69,718 69,718 Lazard Asset Management LLC 898,023 898,023 Levine Leichtman Capital Partners 817,945 817,945 Lexington Capital Partners 307,437 307,437 Matlin Patterson 66,979 66,979 McCarthy Capital Fund 500,000 500,000 MHR Institutional Partners 79,776 79,776 Molpus Woodlands Group, LLC 479,173 479,173 Morgan Stanley 4,633 4,633 Mountain Capital Partners, LP 592,290 592,290 Neuberger Berman 828,310 828,310 Northgate Capital, LLC 330,000 330,000 Oak Hill Capital Partners 68,584 68,584 Oak Street Real Estate Capital, LLC 93,752 93,752 Oaktree Capital Management 217,242 217,242 O'Connor Capital Partners 52,253 52,253 OCP Asia Ltd 796,269 796,269 Odyssey Investment Partners 545,366 545,366 Olympic Resource Management, LLC 255,267 255,267 Opus Capital Group, L.L.C. 194,477 194,477 PCCP Equity 224,999 224,999 Performance Equity Management 186,676 186,676 PGIM, Inc. 532,527 532,527 Pine Brook Capital Partners, LLC 453,891 453,891 Portfolio Advisors 210,262 210,262 Post Advisory Group, LLC 615,379 615,379 Reams Asset Management Company, LLC 358,923 358,923 RiverGlade Capital, LLC 110,959 110,959 Shenkman Capital Management, Inc. 142,185 142,185 Siguler Guff Advisers LLC 190,702 190,702 Southern Capital Group Pte. Ltd. 282,322 282,322 Spire Capital Management, LLC 287,595 287,595 Stockbridge Capital Group, LLC 567,031 567,031 Stoltz Management Company 804,396 804,396 T. Rowe Price Associates, Inc. 958,459 958,459 TA Associates Realty 416,068 416,068 Tenaya Capital, LLC 559,485 559,485 Tenex Capital Management 908,095 908,095 Montana Board of Investments | June 30, 2018 | 6 Pool and SMI Group Name Board Custodial Bank External Managers Total Terra Firma Capital Partners 88,092 88,092 TIAA CREF Asset Management 149,936 149,936 TimesSquare Capital Management, LLC 1,407,929 1,407,929 Trilantic Capital Partners LLC 569,468 569,468 UBS Realty Investors LLC 686,235 686,235 Vaughan Nelson Investment Management, LP 1,232,375 1,232,375 Veritas Capital Management, LLC 402,249 402,249 Vida Capital Inc. 400,000 400,000 Voya Investment Management 559,655 559,655 Warwick Group 100,822 100,822 Welsh Carson Anderson Stowe 3,996 3,996 White Deer Management LLC 552,527 552,527 CAPP Total 3,729,547 1,249,370 47,834,012 52,813,341 Montana Board of Investments | June 30, 2018 | 7 Pool and SMI Group Name Board Custodial Bank External Managers Total TFIP Board Per Diem 387 387 Commerce Department Services 27,260 27,260 Communications 1,462 1,462 Consulting 5,845 5,845 Data Service Providers 75,897 75,897 Miscellaneous 2,680 2,680 Other Contracted Services 13,155 13,155 Personnel Services 166,631 166,341 Rent 8,686 8,686 Repairs and Maintenance 97 97 Research Services 14,071 14,071 Supplies and Materials 2,485 2,485 Travel 12,580 12,580 State Street Bank 125,777 125,777 American Realty Advisors 446,364 446,364 PGIM, Inc. 199,520 199,520 Post Advisory Group, LLC 573,702 573,702 TIAA CREF Asset Management 232,185 232,185 UBS Realty Investors LLC 195,842 195,842 TFIP Total 331,236 125,777 1,647,613 2,104,336 Montana Board of Investments | June 30, 2018 | 8 Pool and SMI Group Name Board Custodial Bank External Managers Total STIP Board Per Diem 594 594 Commerce Department Services 37,266 37,266 Communications 2,241 2,241 Consulting 2,922 2,922 Data Service Providers 106,743 106,743 Miscellaneous 4,109 4,109 Other Contracted Services 20,171 20,171 Personnel Services 227,522 227,333 Rent 13,319 13,319 Repairs and Maintenance 149 149 Research Services 4,736 4,736 Supplies and Materials 3,810 3,810 Travel 19,289 19,289 State Street Bank 260,760 260,760 STIP Total 442,872 260,760 703,443 Montana Board of Investments | June 30, 2018 | 9 Pool and SMI Group Name Board Custodial Bank External Managers Total SMI Board Per Diem 946 946 Commerce Department Services 62,197 62,197 Communications 3,570 3,570 Consulting 5,845 5,845 Data Service Providers 80,037 80,037 Housing Mortgage Services 28,411 28,411 Miscellaneous 6,545 6,545 Other Contracted Services 48,365 48,365 Personnel Services 379,399 379,465 Rent 21,215 21,215 Repairs and Maintenance 238 238 Research Services 17,509 17,509 Supplies and Materials 6,069 6,069 Travel 16,768 16,768 State Street Bank 127,092 127,092 American Realty Advisors 302,467 302,467 BlackRock Institutional 43,439 43,439 PGIM, Inc.
Recommended publications
  • Preqin Research Report Fig
    Preqin Research Report Fig. 3 Comparison of Private Equity Performance by Fund Primary The Changing Dynamic Regional Focus for Funds of Vintage Years 1995 - 2007 The Rise of Asian Private Equity Such diffi culties in the fundraising market may come as November 2010 somewhat of a surprise – especially considering the relative resilience of Asia-focused private equity funds in terms of 0.25 performance. As Fig. 3 shows, following an extended period 0.2 of strong median fund performance since the turn of the Unprecedented Growth millennium, vehicles focusing on Asia have clearly weathered 0.15 the storm with more success than their European and US Europe The period 2003 – 2008 saw unprecedented growth within 0.1 the Asian private equity industry. Fig. 1 shows the increase counterparts, with median IRRs for all vintage years still Asia and Rest of World posting positive results while funds focusing primarily on the 0.05 in total capital raised annually by funds focusing on the US region between the period 2003 and 2008, when a record West are still in the red. IRR Median Net-to-LP 0 $91bn was raised by 194 funds achieving a fi nal close. 1995 1997 1999 2001 2003 2005 2007 The main factors behind the decline in Asia fundraising can -0.05 As Fig. 2 shows, the record level of capital raised saw the be identifi ed by examining the make-up of fund managers -0.1 Vintage Year importance of the Asian private equity industry growing on and investors in the region more closely. As Fig.
    [Show full text]
  • 15% Subscriber Offer
    Private Equity & Venture Capital Investing In China, India, Japan, Korea, SE Asia & Australia South East Asia Summit: 16 September LP/GP Relations Summit: 16 September Main Conference: 17-19 September JW Marriott Hotel, Hong Kong 15% Subscriber Offer Quote VIP: FKR2346SPOT on http://www.superreturnasia.com/fkr2346spot Dear Spotlight reader We will be in Hong Kong for this year’s SuperReturn Asia and as I am a speaker I’m pleased to offer Spotlight readers a special 15% discount should you be planning to attend. SuperReturn Asia 2013 brings together 160 speakers, including 55 international and Asian LPs and the best local GPs in a one-stop learning and networking shop, packed with interaction and high value face-to-face opportunities with around 800 senior attendees. I’ll be moderating a panel of Asian experts during the GP/LP Relations Summit on Fundraising Differentiation – The Insider View: How To Differentiate Yourself In A Crowded Fundraising Market. Kindest regards Mark O’Hare For all bookings & enquiries, please contact the SuperReturn Asia 2013 Team Quote VIP: FKR2346SPOT for your 15% discount Tel: +44 (0) 20 7017 7200 Email: [email protected] Web: http://www.superreturnasia.com/fkr2346spot Welcome to the latest edition of Private Equity Spotlight, the Private Equity Spotlight monthly newsletter from Preqin providing insights into private equity July 2013 performance, investors, deals and fundraising. Private Equity Spotlight combines information from our online Feature Article products Performance Analyst, Investor Intelligence, Fund Manager The Venture Capital Conundrum Profi les, Funds in Market, Secondary Market Monitor, Buyout Deals Analyst In this month’s feature article we look at the venture capital conundrum.
    [Show full text]
  • INVESTMENT VENDORS  the Following Is a Listing of the Investment Managers, Custodians, and Consultants That Serve the Massachusetts Public Pension Systems
    INVESTMENT VENDORS The following is a listing of the investment managers, custodians, and consultants that serve the Massachusetts public pension systems. The listing is based on information supplied by the retirement boards. RETIREMENT BOARD INVESTMENT VENDORS ADAMS • Capital Research and Management • Granite Investment Advisors Custodian: State Street Bank & Trust AMESBURY • PRIT ANDOVER • PRIT ARLINGTON • PRIT • Wilshire Associates Inc. Custodian: State Street Bank & Trust ATTLEBORO • Boston Advisors, LLC • Herndon Capital Management, LLC • PRIT Custodian: People’s United Bank • Daruma Capital Management, LLC • Invesco Core Real Estate USA, LP • Regions Timberland Consultant: Dahab Associates Inc. • Fidelity Institutional Asset Management • Invesco National Trust Company • State Street Global Advisors • Frontier Capital Management Co., LLC • Orleans Capital Management Corp. • Wells Capital Management Inc. • Hancock Natural Resource Group, Inc. BARNSTABLE COUNTY • Intercontinental Capital Management, LLC • PRIT • UBS Realty Investors, LLC BELMONT • AEW Capital Management, LP • Loomis Sayles & Company • RhumbLine Advisers Custodian: State Street Bank & Trust • Atlanta Capital • Pacific Investment Management Company, LLC • Rothschild Asset Management Inc. Consultant: New England Pension • Harbourvest Partners, LLC • PRIT • Scout Capital Management, LLC Consultants BERKSHIRE COUNTY • PRIT BEVERLY • PRIT BLUE HILLS REGIONAL • PRIT BOSTON (CITY) • 57 Stars, LLC • EnTrust Partners, LLC • Permal Asset Management, Inc. Custodian: State
    [Show full text]
  • Facility Services INDUSTRY UPDATE | Winter 2020 Houlihan Lokey Facility Services Update
    Facility Services INDUSTRY UPDATE | Winter 2020 Houlihan Lokey Facility Services Update Dear Clients and Friends, Houlihan Lokey is pleased to present its Facility Services Industry Update for winter 2020. We have included important news stories, transaction announcements, a public markets overview and industry insights to help you stay ahead in our dynamic and constantly evolving industry. We have also highlighted several recent deals in the sector that Houlihan Lokey worked on in 2019. We hope that you will find this quarterly newsletter to be informative and that it serves as a valuable resource to you in staying up-to-date on the market. If there is additional content you would find useful for future updates, please don’t hesitate to call or email us with your suggestions. We look forward to staying in touch with you. Regards, Larry DeAngelo Jon Harrison Jeff Ackerman Head of Business Managing Director Director London New York Services Atlanta [email protected] [email protected] [email protected] 44 (0) 20 7747 7564 212.497.7866 404.495.7019 Additional Facility Services Group Contacts Jordan Mendel Leon Vayntraub Brandon Bleakley [email protected] [email protected] [email protected] 646.259.7465 212.497.7899 646.259.7488 Jason Weisbaum Caroline Weakland Yash Srivastav [email protected] [email protected] [email protected] 212.497.4265 212.497.7916 212.497.7863 Industry Sectors Covered AVIATION SERVICES FOODSERVICE HVAC AND PLUMBING JANITORIAL LANDSCAPING LAUNDRY PEST CONTROL RESIDENTIAL SERVICES SECURITY 2 Select Recent Transactions Headquartered in Irving, Texas, G2 Secure Staff (G2) is leading provider of mission-critical ground handling and aviation support services to the U.S.
    [Show full text]
  • PEI Investor Relations, Marketing & Communications Forum 2019
    June 19-20 | Convene, 730 Third Ave | New York Attendee list A.P. Moller Capital Bain Capital C-Bridge Capital Partners FTV Capital ACME Capital Banner Real Estate Group CCMP Capital Advisors Further Capital Partners Actis Barings Centerbridge Partners GCM Grosvenor Advent International Basis Investment Group Cerberus Capital Management General Atlantic AE Industrial Partners Battery Ventures Charlesbank Capital Partners General Catalyst Partners AEA Investors BBH Capital Partners The Chauncey F. Lufkin III Gennx360 AEW Capital Management BC Partners Foundation Genstar Capital AIMA The Beach Company The City of New York, Finance Global Infrastructure Partners Alcentra Berkshire Partners Civitas Capital Grain Management Alcion Ventures Bernhard Capital Partners Coller Capital Gryphon Investors Allianz Capital Partners Bicknell Family Holding Cornell Capital GTCR Altor Equity Partners Company Court Square Capital Partners Halstatt American Securities Bison Crescent Capital Group Hamilton Lane AMP Capital BKM Capital Partners CRV Hammes Angelo Gordon Blackstone Cypress Real Estate Advisors Hammond, Kennedy, Whitney Antares Capital Blue Heron Asset Managment Denham Capital & Co Apollo Global Management Blue Water Energy Duff & Phelps Hancock Capital Management ARC Financial Corp Bridge Investment Group Dyal Capital Partners Harvard Management Company ArcLight Capital Partners BroadVail Capital Edelman HCI Equity Partners Argosy Capital Brook Venture Partners EnCap Investments HGGC Arroyo Energy Investment Brookfield Asset Management EQT Partners
    [Show full text]
  • ANNUAL REVIEW 2017 Land of the Giants Cycle-Tested Credit Expertise Extensive Market Coverage Comprehensive Solutions Relative Value Focus
    ANNUAL REVIEW 2017 Land of the giants Cycle-Tested Credit Expertise Extensive Market Coverage Comprehensive Solutions Relative Value Focus Ares Management is honored to be recognized as Lender of the Year in North America for the fourth consecutive year as well as Lender of the Year in Europe Lender of the year in Europe Ares Management, L.P. (NYSE: ARES) is a leading global alternative asset manager with approximately $106 billion of AUM1 and offices throughout the United States, Europe, Asia and Australia. With more than $70 billion in AUM1 and approximately 235 investment professionals, the Ares Credit Group is one of the largest global alternative credit managers across the non-investment grade credit universe. Ares is also one of the largest direct lenders to the U.S. and European middle markets, operating out of twelve office locations in both geographies. Note: As of December 31, 2017. The performance, awards/ratings noted herein may relate only to selected funds/strategies and may not be representative of any client’s given experience and should not be viewed as indicative of Ares’ past performance or its funds’ future performance. 1. AUM amounts include funds managed by Ivy Hill Asset Management, L.P., a wholly owned portfolio company of Ares Capital Corporation and a registered investment adviser. learn more at: www.aresmgmt.com | www.arescapitalcorp.com The battle of the brands the US market on page 80, advisor Hamilton TOBY MITCHENALL Lane said it had received a record number EDITOR'S of private placement memoranda in 2017 – ISSN 1474–8800 LETTER MARCH 2018 around 800 – and that this, combined with Senior Editor, Private Equity faster fundraising processes, has made it dif- Toby Mitchenall, Tel: +44 207 566 5447 [email protected] ficult to some investors to make considered Special Projects Editor decisions.
    [Show full text]
  • 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.
    [Show full text]
  • Pushing Diversity April Evans Wants More Women in Private Equity
    Issue 166 • November 2018 • www.privatefundsmanagement.net FINANCE • LEGAL • COMPLIANCE • OPERATIONS • TAX PUSHING DIVERSITY APRIL EVANS WANTS MORE WOMEN IN PRIVATE EQUITY CYBER-RISK MANAGEMENT SWEDEN SOUR DRIVING TECH IN PE How are you protecting The country rules carry is What you need to know about your data? taxed as income blockchain and AI Local Insight. Global Thinking. EisnerAmper provides services to leading investment advisors in the global private equity marketplace. We have a dedicated and well-established private equity funds group providing services to private equity firms and their portfolio companies. Our approach is to provide our clients with smart, analytical insights delivered with a personal touch. We build strong and lasting client relationships by creating trust through clear and open communication. Our value lies in helping clients get to where they need to be and supporting them along the way; making global local. EisnerAmperGlobal.com Learn more at EisnerAmper.com/PE and check out our global capabilities at Global and national Provide services Gives fresh local & Offer customized capabilities that: to all sizes global perspectives services & innovative approaches EisnerAmper provides a comprehensive range of services, including: Buy-side due diligence Tax structuring and consulting C Tax due diligence and structuring G LO Auditing funds and performance N S Portfolio company audit TI I S N E G V PRIVATE EQUITY N I FUND SERVICES • Business Plan Modeling • GP Structuring • Audit and Tax Services • SEC Reporting • Deal Structuring M • Tax Structuring and Compliance A X • Estate/Wealth Planning I M I Z G I N N I T G I X G E R O W T H IT structuring and efficiencies Sell-side due diligence Bolt-on acquisition consulting Tax advisory EisnerAmper Global is a company limited by guarantee incorporated in the United Kingdom under theEisnerAmper Companies Global Act 2006.
    [Show full text]
  • Section 904 2 FY 16 Boilerplate Report-Fiscal Year
    Michigan Public Schools Pension - MPSERS RATES OF RETURN - GROSS Periods Ending December 31, 2015 PERFORMANCE SUMMARY REPORT MKT VAL $ % of 10 Years 7 Years 5 Years 3 Years 1 Year Qtr 1 Month ITD Incept Date TOTAL PLAN TOTAL PUBLIC SCHOOL 42,576,509,651 100.0 6.60 10.07 9.16 10.02 2.79 2.02 -0.65 9.34 01-01-79 1 MPSERS TOTAL PLAN POLICY 6.41 10.77 8.86 9.26 2.24 1.74 -0.92 DOMESTIC EQUITY TOTAL DOMESTIC EQUITY 11,853,289,003 27.8 7.38 15.04 12.11 15.04 -0.49 5.37 -1.85 9.12 09-01-91 S&P COMPOSITE 1500 7.41 14.97 12.39 14.90 1.01 6.59 -1.88 TOTAL ACTIVE EQUITY 6,748,413,351 15.9 7.27 15.00 11.93 15.01 -1.77 4.39 -1.90 10.46 01-01-79 2 SP1500 7.41 14.97 12.39 14.90 1.01 6.59 -1.88 TOTAL INTERNAL ACTIVE 4,035,653,434 9.5 6.87 14.34 11.48 14.32 -2.70 3.24 -2.31 4.64 02-01-00 S&P 500 7.31 14.81 12.57 15.13 1.38 7.04 -1.58 4.42 LARGE CAP CORE 1,689,173,074 4.0 15.42 12.09 15.27 -7.31 -1.64 -3.08 6.49 08-01-07 S&P 500 14.81 12.57 15.13 1.38 7.04 -1.58 6.41 LARGE CAP GROWTH 1,235,145,135 2.9 9.16 17.48 14.36 18.66 5.99 8.51 -1.13 2.64 01-01-00 3 SP500 GROWTH BLEND 8.78 16.56 14.06 17.19 5.52 7.86 -1.52 3.24 4 ALL CAP GARP 735,823,088 1.7 8.66 15.26 -0.14 6.26 -2.16 16.50 04-01-09 S&P COMPOSITE 1500 12.39 14.90 1.01 6.59 -1.88 17.58 CONCENTRATED EQUITY FUND 284,249,262 0.7 -10.37 4.39 -2.96 0.24 05-01-13 S&P COMPOSITE 1500 1.01 6.59 -1.88 11.73 LARGE CAP VALUE 73,204,655 0.2 4.15 10.01 8.45 10.20 -7.57 3.71 -2.59 5.50 01-01-00 5 SP500 VALUE BLEND 5.69 12.96 10.96 12.83 -3.13 6.05 -1.68 4.72 ABSOLUTE RETURN INCOME FUND 0 0.0 01-01-09 60% S&P 500/40%
    [Show full text]
  • CCMP Capital Advisors, LLC (“CCMP”) Exclusively for Attendees of the Independent Petroleum Association of America Private Capital Conference
    February 2011 Disclaimer This presentation has been prepared by CCMP Capital Advisors, LLC (“CCMP”) exclusively for attendees of the Independent Petroleum Association of America Private Capital Conference. This presentation contains confidential and proprietary information relating to CCMP and its managed funds and portfolio investments, including CCMP Capital Investors II, L.P. and its parallel regulatory vehicles and alternative vehicles (collectively, “Fund II” or “CCMP Fund II”) and J.P. Morgan Partners Global Investors, L.P. and its parallel regulatory vehicles and alternative vehicles (collectively, the “Global Fund”). All recipients agree that they will keep confidential all information contained herein and not already in the public domain. Any reproduction or distribution of this presentation, in whole or in part, or the disclosure of its contents, without the prior written consent of CCMP is prohibited. By accepting this presentation, each recipient agrees to the foregoing. The portfolio company descriptions contained herein are believed to be reliable, but CCMP and its affiliates do not warrant to their completeness or accuracy and such descriptions are not intended to be complete descriptions of such entities. All opinions, estimates and forecasts of future performance are based on information available to CCMP and its affiliates as of the date of this publication, and are subject to change. The information in this report has not been audited or reviewed by independent public accountants (unless otherwise indicated). The information contained in this presentation is not intended as an offer or solicitation for the purchase or sale of any security. On August 1, 2006, the buyout and growth equity investment team of J.P.
    [Show full text]
  • Annual Report & Audited Consolidated Financial Statements
    Annual Report & Audited Consolidated Financial Statements 31 JANUARY 2010 www.hvgpe.com COMPANY OVERVIEW HarbourVest Global Private Equity Limited (“HVPE” or the “Company”) is a Guernsey-incorporated company listed on the Specialist Fund Market of the London Stock Exchange and Euronext Amsterdam by NYSE Euronext, the regulated market of Euronext Amsterdam, registered with the Netherlands Authority for the Financial Markets as a closed-end investment company pursuant to section 1:107 of the Dutch Financial Supervision Act, and authorised as a closed-ended investment scheme in accordance with section 8 of the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended, and rule 6.02 of the Authorised Closed-ended Investment Scheme Rules 2008. HVPE is managed by HarbourVest Advisers L.P. (the “Investment Manager”), an affiliate of HarbourVest Partners, LLC (“HarbourVest”), a Contents private equity firm whose history dates back to 1982. HarbourVest is headquartered in Boston and 01 Financial Highlights has committed more than $30 billion to investments. The Company issued 83,000,000 shares at 02 Chairman’s Letter from Sir Michael Bunbury $10.00 per share in December 2007. 06 Investment Manager’s Review Investment Strategy Results for the Financial Year Ended 31 January 2010 Portfolio Review HarbourVest Viewpoint: The Benefits of Venture Capital Commitments and Balance Sheet Review Recent Events Investment Manager’s Market Commentary HVPE Outlook Investment Manager Key Definitions and Methodologies (see page 40) 42 Risk Factors
    [Show full text]
  • Market Insight – October 2019
    SYDNEY MELBOURNE Level 15 Level 9 60 Castlereagh Street 41 Exhibition Street SYDNEY NSW 2000 MELBOURNE VIC 3000 Tel 61 2 9235 9400 Tel 61 3 9653 8600 Market Insight – October 2019 “Movers & Shakers” INVESTMENT & CORPORATE BANKING Investment Banking • Hein Vogel has departed Investec where he was Head of Emerging Companies & Financial Services. • Duncan Hogg who was Managing Director, Investment Banking at BAML has joined EY as a Partner in Sydney. • Steven Boggiano has joined Allier Capital as Managing Director. Steven previously founded Magnes Capital and was also Managing Director & Head of Healthcare, Consumer, Retail & Real Estate at Barclays. • Anna Ellis previously Investment Director with Besen in Melbourne, has also joined EY as Director, PE & Deal Origination, Transaction Advisory Services. • Grant Mansell has joined Investec as Director, Corporate Advisory. He has prior experience as Director, M&A with HSBC. Pierre Josset also joins Investec’s Corporate Advisory team, he was previously an Associate with Aura Group. • Nomura has hired Srihari Sharma as a Senior Associate, FIG from Investec, Ben St Claire as an Associate from Blackpeak Capital and Henry Ball, ex EY as an Investment Banking Analyst, Consumer, Retail & Healthcare. • Benjamin Gribble has joined Houlihan Lokey as an Associate, he was previously with Moelis Australia as an Investment Banking Associate & Houlihan Lokey in London. • Nicholas Tregoning joined Moelis Australia as Senior Analyst, Investment Banking, Nicholas joins from Shaw & Partners. • Gigi Li has joined Ironstone Capital as an Analyst from KPMG. • Samantha Riegel (ex FTI Consulting) & Ice Tan & have joined Highbury Partnership as Analysts. • Macquarie Capital has hired Anthony Yao, ex Lazard, as an Analyst in the General Industrials teams, Rita Dalton joins as an Analyst in the TMET team from Nomura & James Watkins ex Flagstaff Partners Analyst joins the firm’s resources team.
    [Show full text]