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Q&A with Craig Cummings and Kelly Perdew
OCT. 2017 V OL. 5 | ISS U E 142 R E P O R T Q&A with Craig Cummings and Kelly Perdew of Moonshots Capital. Principle Series: Family Office Insights sits down with two West Point graduates—Craig Cummings, Co-Founder & General Partner, and Kelly Perdew, Co-Founder & Managing General Partner, of Moonshots Capital to discuss their early stage venture capital fund that invests in exceptional entrepreneurs with world-changing ideas that frequently, though not exclusively, invest in companies founded by top talent military veteran entrepreneurs. Family Office Insights is a voluntary, “opt-in” collaborative peer-to-peer community of single family offices, qualified investors and institutional investors. If you care to learn more, and perhaps join the community, you are welcome to visit us here at FamilyOfficeInsights.com P AGE 1 Q: Tell us about your background and your company, Moonshots Capital. A: [CRAIG CUMMINGS: CO-FOUNDER & GENERAL PARTNER] Kelly and I are both West Point graduates. I ended up serving in the Army for 17 years, most of that time as an Intelligence Officer with the National Security Agency (NSA). During my service, I deployed to Afghanistan with the Joint Special Operations Command where I earned the Bronze Star. I also completed my Ph.D. in Political Science with a minor in Econometrics from Columbia University and then returned to West Point to serve as an Assistant Professor of Political Science. I left the military to scratch the proverbial entrepreneurial itch. In 2009, I co-founded a company called BTS to design, build, and deploy the first cellular network on to a battlefield. -
DENVER CAPITAL MATRIX Funding Sources for Entrepreneurs and Small Business
DENVER CAPITAL MATRIX Funding sources for entrepreneurs and small business. Introduction The Denver Office of Economic Development is pleased to release this fifth annual edition of the Denver Capital Matrix. This publication is designed as a tool to assist business owners and entrepreneurs with discovering the myriad of capital sources in and around the Mile High City. As a strategic initiative of the Denver Office of Economic Development’s JumpStart strategic plan, the Denver Capital Matrix provides a comprehensive directory of financing Definitions sources, from traditional bank lending, to venture capital firms, private Venture Capital – Venture capital is capital provided by investors to small businesses and start-up firms that demonstrate possible high- equity firms, angel investors, mezzanine sources and more. growth opportunities. Venture capital investments have a potential for considerable loss or profit and are generally designated for new and Small businesses provide the greatest opportunity for job creation speculative enterprises that seek to generate a return through a potential today. Yet, a lack of needed financing often prevents businesses from initial public offering or sale of the company. implementing expansion plans and adding payroll. Through this updated resource, we’re striving to help connect businesses to start-up Angel Investor – An angel investor is a high net worth individual active in and expansion capital so that they can thrive in Denver. venture financing, typically participating at an early stage of growth. Private Equity – Private equity is an individual or consortium of investors and funds that make investments directly into private companies or initiate buyouts of public companies. Private equity is ownership in private companies that is not listed or traded on public exchanges. -
Q2 2013 Preqin Private Equity Benchmarks: All Private Equity Benchmark Report
Preqin Private Equity Benchmarks: All Private Equity Benchmark Report As of 30th June 2013 alternative assets. intelligent data. Preqin Private Equity Benchmarks: All Private Equity Benchmark Report As of 30th June 2013 Report Produced on 12th March 2014 This publication is not included in the CLA Licence so you must not copy any portion of it without the permission of the publisher. All rights reserved. The entire contents of the report are the Copyright of Preqin Ltd. No part of this publication or any information contained in it may be copied, transmitted by any electronic means, or stored in any electronic or other data storage medium, or printed or published in any document, report or publication, without the express prior written approval of Preqin Ltd. The information presented in the report is for information purposes only and does not constitute and should not be construed as a solicitation or other offer, or recommendation to acquire or dispose of any investment or to engage in any other transaction, or as advice of any nature whatsoever. If the reader seeks advice rather than information then he should seek an independent fi nancial advisor and hereby agrees that he will not hold Preqin Ltd. responsible in law or equity for any decisions of whatever nature the reader makes or refrains from making following its use of the report. While reasonable efforts have been used to obtain information from sources that are believed to be accurate, and to confi rm the accuracy of such information wherever possible, Preqin Ltd. Does not make any representation or warranty that the information or opinions contained in the report are accurate, reliable, up-to-date or complete. -
Intrepid Youth
Intrepid Youth From The Classroom To The Boardroom. Founded 1998 Vic G. Sarjoo Founder [email protected] IINNTTRREEPPIIDD YYOOUUTTHH . IINN PPIICCTTUURREESS John Klein, President of CNN “How do we meet and learn directly from successful people?” – Richard Thomas Intrepid Youth/FBLA President 1999 Intrepid Youth President Richard W. Thomas, Meets U.S. President Clinton. Many questioned the idea… “You can’t put a bunch of inner city kids directly in touch with corporate America.” “It won’t work.” “Nobody will have time for this.” But the students learned that new, unproven ideas often meet resistance. They started to plan how to make their model work – its concepts, deliverables and actions steps. “Don’t listen to anyone who says we can’t do this. We can do this.” -- Milissa Ralph Intrepid Youth now studying at NYU. Watermark: FBLA s in their Mt. Vernon, New York classroom. TTh h ee CCLLAASSSSRROOOOMM wwoouullldd jjuusstt bbee aa SSTTAARRTT……ssoooonn iiitt wwoouullldd bbee At the offices of Bad Boy Records with Sean Prez Lee Ann Daly and her team meet the students Jon, Johnson and Jason ready at the offices of ESPN to engage the business world. BBRROOAADDCCAASSTTEERRSS BBOOAARRDDRROOOOMMSS SSKKYY SSCCRRAAPPEERRSS Glyndwr Lobo and Robin Rosenberg of of Dechert Price Rhodes meet the students along with Vic Sarjoo of The Radical Funds GGOOLLFF CCOOUURRSSEESS TTOO TTHHEE SSKKIIEESS!!!!!! John readies for an Radical Funds sponsored CESSNA Linking up with Mr. Wendell flight at White Plains Airport of Original Tee RReeaalll BBUUSSIINNEESSSS IINNSSIIGGHHTT If business is done through communication… then what is communication? Dress, manners, etiquette, protocol are all forms of language. -
Investment Holdings As of June 30, 2019
Investment Holdings As of June 30, 2019 Montana Board of Investments | Portfolio as of June 30, 2019 Transparency of the Montana Investment Holdings The Montana Board of Investment’s holdings file is a comprehensive listing of all manager funds, separately managed and commingled, and aggregated security positions. Securities are organized across common categories: Pension Pool, Asset Class, Manager Fund, Aggregated Individual Holdings, and Non-Pension Pools. Market values shown are in U.S. dollars. The market values shown in this document are for the individual investment holdings only and do not include any information on accounts for receivables or payables. Aggregated Individual Holdings represent securities held at our custodian bank and individual commingled accounts. The Investment Holdings Report is unaudited and may be subject to change. The audited Unified Investment Program Financial Statements, prepared on a June 30th fiscal year-end basis, will be made available once the Legislative Audit Division issues the Audit Opinion. Once issued, the Legislative Audit Division will have the Audit Opinion available online at https://www.leg.mt.gov/publications/audit/agency-search-report and the complete audited financial statements will also be available on the Board’s website http://investmentmt.com/AnnualReportsAudits. Additional information can be found at www.investmentmt.com Montana Board of Investments | Portfolio as of June 30, 2019 2 Table of Contents Consolidated Asset Pension Pool (CAPP) 4 CAPP - Domestic Equities 5 CAPP - International -
Army Officerpay
Bulldog Battalion UPR-M ROTC Bulldog Battalion Army Officer What’s a Average What’s Your Military Starting Starting Pay Degree Worth? Civilian Experience Worth? (Second Lieutenant) Salary “Veterans are impressive, because what they have done at their age is usually five or ten Monthly pay $2,416.20 Chemical Engineering $53,639 years ahead of civilian peers in terms of leadership Food & housing allowance $893.99 Computer Engineering $52,242 and responsibility.” (Former Army Officer) Computer Science $50,664 Total monthly pay $3,310.19 -Kelly Perdew 2nd Season Winner Mechanical Engineering $50,175 Total annual pay $39,722.38 The Apprentice Information Science $43,902 Mgmt Information Systems $43,653 After 2 years Accounting $42,940 Economics/Finance $41,994 “Successful Store Leadership Candidates Possess Army Officer Pay 4-10 years as a commissioned military officer” Business Administration $39,480 (First Lieutenant) Nursing $38,920 Monthly pay $3,170.10 Marketing $36,409 Liberal Arts $32,725 Food & housing allowance $1001.99 “It is significant! The military, more than most Total monthly pay $4,172.09 Political Science $32,296 other careers, gives you diverse and heavy History $31,739 Total annual pay $50,065.08 responsibility very early in your career. You gain a level of experience that most companies find hard English $31,113 After 4 years to duplicate in the first 4 to 8 years of corporate Psychology $30,073 life. You bring us an immediate ability to produce results. You also provide us strong peer and Elementary Education $30,059 subordinate -
Investment Holdings As of December 31, 2017 Transparency of the Montana Investment Holdings
Investment Holdings As of December 31, 2017 Transparency of the Montana Investment Holdings The Montana Board of Investment’s holdings file is a comprehensive listing of all manager funds, separately managed and commingled, and aggregated security positions. Securities are organized across common categories: Pension Pool, Asset Class, Manager Fund, Aggregated Individual Holdings, and Non-Pension Pools. Market values shown are in U.S. dollars. The market value of the individual holdings does not necessarily correspond to the net asset value of the accounts in the financial reports. Aggregated Individual Holdings represent securities held at our custodian bank and individual commingled accounts. The Investment Holdings Report is unaudited and may be subject to change. Additional information can be found at http://www.investmentmt.com/ Montana Board of Investments | December 31, 2017 | 2 Table of Contents Consolidated Asset Pension Pool (CAPP) 4 CAPP - Domestic Equity 5 CAPP - International Equity 18 CAPP - Private Equity 32 CAPP - Natural Resources 34 CAPP - Private Real Estate 35 CAPP - TIPS 36 CAPP - Broad Fixed Income 37 CAPP - US Treasury & Agency 40 CAPP - Investment Grade Credit 42 CAPP - Mortgage Backed Securities 44 CAPP - High Yield Fixed Income 46 CAPP - Cash Equivalents 60 Short Term Investment Pool (STIP) 61 Trust Funds Investment Pool (TFIP) 63 State Fund 69 All Other Funds 73 End Notes 74 Glossary 75 Montana Board of Investments | December 31, 2017 | 3 CAPP Asset Class Holdings Security Name Market Value Domestic Equity 4,003,924,115 International Equity 2,041,108,151 Private Equity 1,158,087,065 Natural Resources 259,993,915 Real Estate 785,720,964 TIPS 384,132,519 Broad Fixed Income 249,766,393 US Treasury & Agency 1,083,499,322 Investment Grade Credit 376,018,338 Mortgage-Backed 463,393,123 High Yield 319,051,408 Cash Equivalents 176,742,322 Montana Board of Investments | December 31, 2017 | 4 Domestic Equity Manager Holdings Manager Name Market Value BlackRock (ETF and Commingled) 2,207,354,908 T. -
Download Magazine
UCLA SCHOOL OF LAW BOARD OF ADVISORS Michael T. Masin '69, Co-Chair Kenneth Ziffren '65, Co-Chair Nancy Abell '79 James D. C. Barrall '75 Jonathan F. Chait '75 Stephen E. Claman '59 Deborah David '75 Hugo D. de Castro '60 David J. Epstein ‘64 Edwin F. Feo ‘77 David Fleming '59 Arthur N. Greenberg '52 Bernard Greenberg '58 Antonia Hernandez '74 Joseph K. Kornwasser ‘72 Stewart C. Kwoh ‘74 Louis M. Meisinger ‘67 Wendy Munger ‘77 Greg M. Nitzkowski ‘84 Nelson C. Rising '67 UCLA LAW Paul S. Rutter ‘78 Ralph J. Shapiro '58 The Magazine of the School of Law The Honorable David Sotelo ‘86 Vol. 29 / No. 1 / Fall 2006 Bruce H. Spector ‘67 Robert J. Wynne '67 © 2006 Regents of the University of California The Honorable Kim Wardlaw ‘79 UCLA School of Law Office of Communications Box 951476 UCLA LAW ALUMNI ASSOCIATION BOARD OF Los Angeles, California 90095-1476 DIRECTORS Greg Ellis '85, President Michael H. Schill Dean and Professor of Law Donna Wells '92, Vice President Laura Lavado Parker, Assistant Dean, External Affairs Honorable Steven Z. Perren '67, Past President Philip Little, Director of Communications Leslie Cohen '80 Editor Anne Greco Larry Ebiner '85 Assistant Director of Communications Rasha Gerges '01 Honorable Joe W. Hilberman '73 Design Francisco A. Lopez Michael Josephson '67 Manager of Publications and Graphic Design Pamela Kelly '86 David Kowal '96 Contributing Writers Liz Furmanchik Karin Krogius '82 Dan Gordon Ronald Lazof '71 David Greenwald Thomas Mabie '79 Scott Woolley, Forbes Magazine Martin Majestic '67 The Honorable Jon Mayeda '71 Photography Edward Carreon, Carreon Photography Vernon Thomas Meader '78 Todd Cheney, ASUCLA Photography Jay Palchikoff '82 Don Liebig, ASUCLA Photography Wilma Pinder '76 William Short, ASUCLA Photography George Ruiz '92 Rick Runkel '81 The Honorable George Schiavelli '74 Printer The Castle Press Gary Stabile '67 Pasadena, Calif. -
NEWSLETTER Mid-Year 2020
Defense & Government Services M&A NEWSLETTER Mid-Year 2020 The McLean Group | 7918 Jones Branch Drive, Suite 750 | McLean, VA 22102 | www.mcleanllc.com | 877.843.0997 Defense & Government Services Industry & Capital Markets Update Industry News – Pre-COVID lockdown, M&A activity in the ADG sectors was at an all time high - driven by high valuations and a positive economic outlook – With the start of lockdowns in mid-March, M&A activity in the sector decreased considerably. While the defense and government contracting sectors fared better than most, macro-economic uncertainty as well as frozen debt markets generally meant that only M&A deals that were in the later stages of diligence continued through closing. – While uncertainty remains, anecdotally June has been the most active month for GovCon M&A since the pandemic started – potentially signaling that activity is recovering toward historic levels. – There has also been a significant recovery in the capital markets since the COVID-19 crash brought the Russell 2000 down nearly 41% from the beginning of the year through late March. However, volatility remains high with the CBOE Volatility index well above 30 points indicating markets remain uncertain of the future. Furthermore, specific industries including aerospace face significant challenges to their business as the nature of COVID-19 mitigation strategies conflict with their core businesses. Market Sentiment – The CARES Act reinforces priorities to support contractors. – Virtual workforce transition relatively smooth in most sectors, which might indicate government outsourcing continues to be part of the solution. – Concerns over taxes and budget cuts in the medium and long term to support CARES Act. -
Warrior Words
WARRIOR WORDS Newsletter of the Southern Regional Support Command * California State Military Reserve Fighting Up-Close, Personal SGT DeLio and his colleagues teach the National Guard the nitty-gritty of hand combat PAGE FOUR Kids get in Chaplains step at keep faith Sunburst with Soldiers PAGE SEVEN PAGE SIX January 2009 Issue Number Six * Published by the SRSC Public Affairs Section 2 WARRIOR WORDS/JANUARY 2009 OFFICER PROFILE AT THE FRONT W01 RANDOLPH RAYCROFT NEW BOSS: The new commander of the Age: 64 California State Military Reserve will be COL Lives in: Roland Candee of Sacramento. COL Candee Manhattan Beach comes to the CSMR from the California Joined the CSMR: National Guard, where he was staff judge Dec. 2003 advocate at the Joint Forces Headquarters in Prior Service: US the state capital. In his civilian role, he is a Army Signal Corps, superior court judge in Sacramento County. two years. COL Candee succeeds BG Emory “Jack” CSMR Duty: Hagan, who served in the post for over two Logistics. years. More information will be forthcoming Current Civilian through the chain-of-command. Occupation: EARTH’S FAVORITE: “The Day the Earth Retired from Stood Still,” a remake of the 1951 sci-fi storage company classic starring Michael Rennie,” was the management. number one box office film in its opening Family: Married weekend. The current version, with Keanu 41 years with a 29- Reeves, Jennifer Connelly and Kathy Bates, year-old daughter. was filmed in part at the Joint Forces Training Why did you join the CSMR? Base in Los Alamitos. Among the military To support the homeland security mission. -
Financial Services
Spring 2017 Industry Study Final Report Financial Services The Dwight D. Eisenhower School for National Security and Resource Strategy National Defense University Fort McNair, Washington, D.C. 20319-5062 i FINANCIAL SERVICES 2017 ABSTRACT: The Financial Services Industry (FSI) is designated as a “critical infrastructure” of the United States, directly affecting national interests and impacting national security. Now is the time to adjust course across the regulatory oversight system, react to a major change in the FSI international market with Brexit, and enhance our resiliency against future threats to FSI cybersecurity vulnerabilities. The U.S. FSI makes a strong, sustainable contribution to national security and economic prosperity. Nonetheless, the government can do more to mitigate the unintended consequences of Dodd-Frank, including the overly complex domestic regulatory structure; potential Brexit impacts; and emerging cybersecurity challenges. Ms. Jennifer Aquinas, Department of the Air Force Lt Col Donny Bagwell, U.S. Air Force COL Scott Baum, U.S. Army Ms. Roslyn Davis, U.S. Department of Defense Ms. Tuuli Duneton, Estonia, Ministry of Defense Lieutenant Colonel Hatim El Yaagoubi, Morocco CDR Kenneth Jackson, U.S. Navy Dr. Molly Kihara U.S. Army Civilian Lt Col Kevin Kirsch, U.S. Air Force COL Elisabeth Litvin, U.S. Army CDR Demetrius Mack, U.S. Navy LTC Robert McDonald, U.S. Army Mr. Robert Miller, U.S. Department of State LTC Eric Noe, U.S. Army Ms. Sezaneh Seymour, U.S. Department of State Mr. Donald Spies, U.S. Department of the Treasury Dr. Shannon Brown, Faculty Lead COL Douglas McCarthy, Canadian Army (Retired), Faculty Col Raymone Mijares, U.S. -
Lawrence M. Braun
Lawrence M. Braun Partner T: +1.213.617.4184 333 South Hope Street C: +1.213.999.0444 Forty-Third Floor F: +1.213.443.2814 Los Angeles, CA 90071 [email protected] Larry Braun is the former Leader of the firm’s Corporate Practice Group. In addition to his law degree, Larry holds an M.B.A. in Finance from the Kellogg School at Northwestern University and has attained the New Jersey C.P.A. Certificate Requirements. He was previously a managing director of the largest private investment banking firm on the west coast. Larry is resident in the firm’s Los Angeles office, where he represents public and private companies in the areas of mergers and acquisitions, corporate finance, securities and general business. Areas of Practice Larry is an advisor to clients ranging from family-owned businesses to multi-national corporations in many diverse industries such as high-tech and computers, healthcare, consumer goods, aerospace and defense and grocery and food service. His principal areas of practice consist of general corporate law, corporate finance and securities law, mergers and acquisition transactions, contractual matters (including licensing and distribution arrangements), healthcare transactions and general business counseling. Honors ■ Leading Dealmakers in America List, Lawdragon, 2021 ■ Southern California Super Lawyer, Super Lawyers, 2007-2021 ■ The Los Angeles 500 - The Most Influential People in Los Angeles, Los Angeles Business Journal, 2016-2017 ■ Trailblazer - Mergers and Acquisitions and Antitrust, National Law Journal,