FLORIDA STATE BOARD of ADMINISTRATION (Private Equity) ALTERNATIVE ASSET FUNDING STATUS & PERFORMANCE SUMMARY Inception Thro
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Billing Code: 6750-01S
This document is scheduled to be published in the Federal Register on 11/28/2016 and available online at https://federalregister.gov/d/2016-28472, and on FDsys.gov BILLING CODE: 6750-01S FEDERAL TRADE COMMISSION Granting of Request for Early Termination of the Waiting Period Under the Premerger Notification Rules Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by Title II of the Hart-Scott- Rodino Antitrust Improvements Act of 1976, requires persons contemplating certain mergers or acquisitions to give the Federal Trade Commission and the Assistant Attorney General advance notice and to wait designated periods before consummation of such plans. Section 7A(b)(2) of the Act permits the agencies, in individual cases, to terminate this waiting period prior to its expiration and requires that notice of this action be published in the Federal Register. The following transactions were granted early termination -- on the dates indicated -- of the waiting period provided by law and the premerger notification rules. The listing for each transaction includes the transaction number and the parties to the transaction. The grants were made by the Federal Trade Commission and the Assistant Attorney General for the Antitrust Division of the Department of Justice. Neither agency intends to take any action with respect to these proposed acquisitions during the applicable waiting period. Early Terminations Granted October 1, 2016 thru October 31, 2016 10/03/2016 20161722 G Hainan Cihang Charitable Foundation ; Blackstone Capital Partners (Cayman II) VI L.P. ; Hainan Cihang Charitable Foundation 20161727 G Wellforce Inc. ; Hallmark Health Corporation ; Wellforce Inc. -
Investor Profile Report GEORGE R
Investor Profile Report PRESENTED BY GEORGE R. BROWN CONVENTION CENTER March 9-10, 2016 Glossary Business Description: All investments by industry: A description of the firm’s primary type, Graph of transactions by industry, represented in preferences and location. PitchBook is an the PitchBook Platform. This breakdown is based impartial information provider on primary industries of the portfolio/serviced and will remove promotional language. companies. Assets under management (AUM): Specific to Lender Profiles The amount of money that the investor manages Total debt financings: for clients based on number of currently-managed The number of entities identified by PitchBook that funds. received debt financing from the firm in the last five years. Active private equity investments: The number of active companies in the investor’s Target debt financing amount: current portfolio identified by PitchBook in the Preferred amount of debt typically provided by last five years. This includes add-on transactions. the firm in a transaction. Total private equity investments: Specific to Service Provider Profiles The total number of companies in the investor’s Total transactions: portfolio, identified by PitchBook in the last five The number of transactions identified by years. This includes add-on transactions. PitchBook that the firm has provided service on in the last five years. Target EBITDA: Preferred EDITDA range targeted for investment. Total companies serviced: The number of unique companies the firm has Target revenue: provided service to in the last five years, identified Preferred revenue range targeted for investment. by PitchBook. Preferred investment amount: Total investors serviced: Preferred investment amount range that the firm The number of unique investors identified by typically invests in PitchBook that the firm has provided service to in a transaction. -
Capital Market Study Report, Bangladesh
Developing the Business Case for Investing in Inclusive Business in Indonesia A Market Scoping Study March 2013 The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank (ADB), or its Board of Governors, or the governments they represent. ADB does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms. © 2013 Asian Development Bank and SNV Written by Bernardino M. Vega Jr. (team leader), Tiur Rumondang and David Finneran; consultants to ADB and SNV. We thank particularly Robert de Jongh (ADB consultant on Inclusive Business), Phil Harman (SNV), and Armin Bauer (ADB) for their valuable comments and suggestions. The report also includes a brief due diligence on establishing a IB investment fund, done by Noah Beckwith (consultant to ADB). The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB), its Board of Governors, or the governments they represent or of SNV. ADB and SNV do not guarantee the accuracy of the data included in this publication and accept no responsibility for any consequence of their use. By making any designation of our reference to a particular territory or geographic area, or by using the term “country” in this document, ADB and SNV do not intend to make any judgments as to the legal or other status of any territory or area. -
Asia-Pacific Hedge Funds
Content Includes: Preqin Special Report: Asia-Pacific Hedge Funds Overview of Asia-Pacifi c March 2015 Hedge Funds New regions for investment are emerging amid a changing economic and regulatory landscape. Overview of Asia- Pacifi c Hedge Fund Performance Performing better than hedge funds globally following economic growth in region. Institutional Investors in Asia-Pacifi c A look at the region’s diverse range of active investors in hedge funds. Asia-Pacifi c-Based Investors’ Outlook on Hedge Funds What do investors look for in fund managers in 2015? Did hedge funds meet their expectations in 2014? alternative assets. intelligent data. Download the data pack: Preqin Special Report: Asia-Pacific Hedge Funds www.preqin.com/HFAsia15 The Asia-Pacific Opportunity Asia-Pacifi c as a destination for hedge fund management has been expanding rapidly over the past few years; over 2014 alone industry assets in the region grew by almost 30%. Much of this growth has been driven by the growing base of institutional investors in the region, from large sovereign wealth funds through to small local pension schemes, that have increasingly begun to turn to hedge funds to help meet portfolio liabilities and long-term investment objectives. Recent regulatory reforms that have swept across the region have enabled both fund managers and investors alike to ramp up their activity in the hedge fund space, and this rapid growth is expected to continue over the next few years as more regions for hedge fund activity emerge within Asia-Pacifi c. In this report we look at the state of the hedge fund industry in Asia-Pacifi c by examining both local funds and those from beyond its shores investing in the region. -
Startup Valuation THESIS V.35 (REVISADA)
UNIVERSIDADE DE SÃO PAULO FACULDADE DE ECONOMIA, ADMINISTRAÇÃO E CONTABILIDADE PROGRAMA DE PÓS-GRADUAÇÃO EM ADMINISTRAÇÃO Jose Roberto Securato Junior CLASSIFICATION, INVESTMENT SELECTION, AND VALUATION OF NEW VENTURE AND STARTUP COMPANIES CLASSIFICAÇÃO, SELEÇÃO DE INVESTIMENTOS, E VALUATION DE NEW VENTURES E STARTUPS Versão Corrigida (versão original disponível na Biblioteca da Faculdade de Economia, Administração e Contabilidade) São Paulo 2020 1 Prof. Dr. Vahan Agopyan Reitor da Universidade de São Paulo Prof. Dr. Fabio Frezatti Diretor da Faculdade de Economia, Administração e Contabilidade Prof. Dr. Moacir de Miranda Oliveira Junior Chefe do Departamento de Administração Prof. Dr. Eduardo Kazuo Kayo Coordenador do Programa de Pós-Graduação em Administração 2 Jose Roberto Securato Junior CLASSIFICATION, INVESTMENT SELECTION, AND VALUATION OF NEW VENTURE AND STARTUP COMPANIES Tese apresentada ao Programa de Pós- Graduação em Administração do Departamento de Administração da Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo, como requisito parcial para obtenção do título de Doutor em Ciências. Orientador: Prof. Dr. Jose Roberto Ferreira Savoia Versão Corrigida (versão original disponível na Biblioteca da Faculdade de Economia, Administração e Contabilidade) São Paulo 2020 3 4 Excellence precedes success 5 RESUMO Esta tese examina como a seleção de investimentos e a avaliação econômico-financeira de new ventures e startups variam ao longo do ciclo de vida destas companhias. A abordagem de pesquisa foi estruturada em 3 fases: i) revisão da literatura em new ventures e startups, ii) um questionário para 105 investidores qualificados e entrevistas públicas sobre perspectivas dos investidores, e iii) modelagem do retorno esperado ao longo do ciclo de vida das new ventures e startups com base em regressões robustas. -
Hedge Fund Standards Board
Annual Report 2018 Established in 2008, the Standards Board for Alternative Investments (Standards Board or SBAI), (previously known as the Hedge Fund Standards Board (HFSB)) is a standard-setting body for the alternative investment industry and custodian of the Alternative Investment Standards (the Standards). It provides a powerful mechanism for creating a framework of transparency, integrity and good governance to simplify the investment process for managers and investors. The SBAI’s Standards and Guidance facilitate investor due diligence, provide a benchmark for manager practice and complement public policy. The Standards Board is a platform that brings together managers, investors and their peers to share areas of common concern, develop practical, industry-wide solutions and help to improve continuously how the industry operates. 2 Table of Contents Contents 1. Message from the Chairman ............................................................................................................... 5 2. Trustees and Regional Committees .................................................................................................... 8 Board of Trustees ................................................................................................................................ 8 Committees ......................................................................................................................................... 8 3. Key Highlights ................................................................................................................................... -
Boaml PE Team Spins out Newquest Capital Partners to Focus on Direct Secondaries in Asia Via Its $400 Million Fund
FUNDS [email protected] BoaML PE team spins out NewQuest Capital Partners to focus on direct secondaries in Asia via its $400 million fund AS WESTERN INVESTMENT BANKS COME Asia, we’re talking only about 10% and that’s cycle for some of the assets BoaML had held under increasing pressure to minimize their largely limited to the buy-out markets of Japan, in its portfolio for the past years. Massara risk – and have thus shed their alternative asset Korea and Australia. We think that it is largely notes that the "rm may announce its "rst exits investment units – Bank of America Merrill Lynch due to the fact that there are a limited number of in the coming months, and as well as new (BoaML) has taken a unique stance in the spin buyers focused on that part of the market” investments. o! of its private equity business, seeing its head Massara explains that the size of Asia’s un- “The fund currently has $400 million, of which professionals launch an independent, direct exited deal market is roughly US$150 billion. a signi"cant amount of that is dry powder for secondaries-focused "rm backed by the new investments,” says Jason Sambanju, region’s top LPs. Co-Head of Paul Capital Asia, NewQuest’s NewQuest Capital Partners, backed by cornerstone LP. “One way to tap into more a consortium consisting of Paul Capital, capital is thru NewQuest’s existing LPs. HarbourVest Partners, LGT Capital Partners So when the opportunity to increase the and Axiom Asia, has acquired “substantially fund size arises, we can easily step up to all” of BoaML’s non-real estate private put more money to work.” equity portfolio in Asia, launching the The BoaML-cum-NewQuest team $400 million NewQuest Asia Fund I, L.P., began discussions with Paul Capital, to manage the assets. -
Secondary Market Poised to Lift
20SecondaI BUYOUTS I December 13.2010 vnnv.buyoutsnews.com arket Poised To Lift Off ByTom Stein Sellers Proliferate Secondary buyers have been predicting big Indeed, it’s no secret that financial insti tutions have their backs to the wall, They things for their market for some time. Now it are under increasing regulatory pressure to finally seems to be coming to pass. restrict their exposure to private equity. Governments and financial regulators are hammering out new rules, including Basel III and the Volcker Rule in the United States, After a dismal 2009, in which only $8 bil ing to investors a potentially cheaper and which will make private equity investing a lion worth of private equity assets were trad more liquid way to get exposure to private lot less attractive for financial institutions ed on the secondary market, 2010 is shaping equity. For LPs, an active market means an and possibly even prevent them from creat up to be a record year. Total volume for the opportunity to snap up some bargains, ing their own private equity vehicles. year is expected to reach $25 billion, easily either by directly purchasing secondary This year saw the start of some of that surpassing the previous record of $15 billion positions or by investing in secondary funds. unwinding, with AXA PrIvate EquIty pur set in 2008, according to private equity advi What is the bullish case for the second chasing part of Bank ot America’s private sory firm Triago. ary market? For starters, Richard Lichter, equity portfolio for $1.9 billion. The deal For investors like David de Weese. -
FLORIDA STATE BOARD of ADMINISTRATION (Private Equity) ALTERNATIVE ASSET FUNDING STATUS & PERFORMANCE SUMMARY Inception Through December 31, 2015
FLORIDA STATE BOARD OF ADMINISTRATION (Private Equity) ALTERNATIVE ASSET FUNDING STATUS & PERFORMANCE SUMMARY Inception Through December 31, 2015 Reporting Currency: U.S. Dollars ($) Cash Flow & Valuation Multiple IRR Fund Current Total Value / Inception Commit- Paid-In Distributions Net Asset Paid In Fund Alternative Asset Partnerships Date ment Capital at Market Value (NAV) Fund IRR1 3i Europartners Vb, L.P. 06/06 74,177,950 73,485,626 71,358,117 0 0.97 -0.6% 3i Growth Capital Fund, L.P. 03/10 55,308,826 31,535,239 29,292,936 0 0.93 -2.0% ABRY Partners VII, L.P. 04/11 75,000,000 67,320,312 28,260,588 72,293,517 1.49 14.6% ABRY Partners VIII, L.P. 05/14 75,000,000 31,918,558 0 29,968,084 0.94 NM Accel-KKR Structured Capital Partners II, LP 01/14 25,000,000 2,853,069 0 2,131,893 0.75 NM Accel-KKR Capital Partners V 09/15 50,000,000 0 0 0 NA NA Advent International GPE VI-D, L.P. 03/08 58,000,000 55,883,080 54,676,813 58,615,746 2.03 18.7% Advent International GPE VII-D, L.P. 06/12 102,579,338 77,428,060 12,762,271 79,932,176 1.20 10.6% American Industrial Partners Capital Fund VI, L.P. 09/15 50,000,000 0 0 0 NA NA Apax VIII-B, L.P. 11/11 157,584,000 135,307,150 0 158,350,070 1.17 16.4% Apollo Investment Fund IV, L.P. -
Laser Scanners Vs Imagers How to Improve
LASER SCANNERS VS IMAGERS Pg 2 - RASPBERRY PI pg 4 IS BARCODE FRIENDLY! HOW TO IMPROVE BARCODE READING SPEED pg 6 Pg 3 - RFID INDUSTRY A NEW ERA FOR LABELING CONVERGES IN PHOENIX pg 8 FOR TOP EVENT MORE INDUSTRY NEWS pg 10-40 2019 Q2 | https://barcode.com Raspberry Pi is Barcode Friendly; and Over 25 Million Units Sold RFID Industry Converges In By Craig Aberle, owner and publisher If you haven’t purchased and played with a Raspberry Pi com- Connecting bar code scanners to Phoenix For Top Event puter, you owe it to yourself to invest $75 or so and see what Raspberry Pi it can do. RFID Live was held in Phoenix Arizona this year, April Best Manufacturing RFID Implementation BAE Systems— The circuit board has 4 USB connections and I had no trou- 2nd-4th, and it was a great place to see the latest in RFID for its use of RFID to track tools, saving 1,248 hours that ble connecting some scanners I had laying around. One, a The tiny (about the size of a deck of playing cards) all-in-one technology. The event was kicked off with a keynote by workers previously spent annually searching for missing items Honeywell Voyager (mfg 10/2010) and the second, a Symbol computer is a powerhouse of performance. I have been RFID Journal Founder/Editor Mark Roberti, and followed and performing work-in-process, resulting in a reduction of LS2208 (mfg 10/2009), worked fine. No software updates or working with the latest version, Raspberry Pi 3 Model B+ and by a panel discussion on the implementation experiences of approximately 2,400 hours per year of time tracking WIP. -
Ex-Commonwealth PM Set to Launch $500M Macro Fund LAUNCH
The long and the short of it www.hfmweek.com ISSUE 497 3 MAY 2018 INFRAHEDGE CEO BRUCE KEITH DEPARTS AFTER 7 YEARS HFM EUROPEAN 2018 $30bn MAP co-founder to be replaced by Andrew Allright PEOPLE MOVES 03 PERFORMANCE AWARDS DEUTSCHE PUTS PRIME FINANCE BUSINESS UNDER REVIEW HF head Tarun Nagpal to leave bank after 15 years PRIME BROKERAGE 07 EX-GRUSS CAPITAL PROS PREP EVENT-DRIVEN FUND HFMWEEK REVEALS ALL Indar Capital expected to launch later this year LAUNCHES 10 THE WINNERS AWARDS 23 Ex-CommonWealth PM set to launch $500m macro fund Christopher Wheeler readies between 2013 and 2016. London-based CJW Capital CommonWealth closed BY SAM MACDONALD down last year as Fisher depart- ed to join $26bn Soros Fund FORMER CITADEL AND Management. CommonWealth Opportunity From November 2016 until Capital portfolio manager Chris- March this year, Wheeler is topher Wheeler is set to launch a understood to have traded a sub- LAUNCH macro fund with at least $500m stantial macro sleeve for Citadel. initial investment, HFMWeek He previously spent five years has learned. with London-based liquid multi- ANALYSIS Wheeler is starting London- asset business Talisman Global NUMBERS SURGE IN 2017 based CJW Capital Management Asset Management. He earlier with backing from a large asset worked at Morgan Stanley. manager and is looking to begin CJW Capital could become trading this year, HFMWeek one of this year’s largest HFM Global’s annual survey shows understands. European start-ups, amid a num- He registered the firm with ber of prominent macro hedge equity strategies remained most in UK Companies House on 23 fund launches. -
Executive Branch Personnel Public Financial Disclosure Report (OGE Form 278E)
Nominee Report | U.S. Office of Government Ethics; 5 C.F.R. part 2634 | Form Approved: OMB No. (3209-0001) (March 2014) Executive Branch Personnel Public Financial Disclosure Report (OGE Form 278e) Filer's Information DeVos, Elisabeth P ("Betsy") Secretary, Department of Education Other Federal Government Positions Held During the Preceding 12 Months: Names of Congressional Committees Considering Nomination: ● Committee on Health, Education, Labor, and Pensions Electronic Signature - I certify that the statements I have made in this form are true, complete and correct to the best of my knowledge. /s/ DeVos, Elisabeth P ("Betsy") [electronically signed on 01/19/2017 by DeVos, Elisabeth P ("Betsy") in Integrity.gov] Agency Ethics Official's Opinion - On the basis of information contained in this report, I conclude that the filer is in compliance with applicable laws and regulations (subject to any comments below). /s/ Goodridge-Keiller, Marcella, Certifying Official [electronically signed on 01/19/2017 by Goodridge-Keiller, Marcella in Integrity.gov] Other review conducted by /s/ Sprague, Marcia, Ethics Official [electronically signed on 01/19/2017 by Sprague, Marcia in Integrity.gov] U.S. Office of Government Ethics Certification /s/ Shaub, Walter M, Certifying Official [electronically signed on 01/19/2017 by Shaub, Walter M in Integrity.gov] 1. Filer's Positions Held Outside United States Government # ORGANIZATION NAME CITY, STATE ORGANIZATION POSITION HELD FROM TO TYPE 1 The Stow Company - Holland, Inc. See Endnote Holland, Corporation Chief Creative 5/2016 11/2016 Michigan Officer 2 The Stow Company - Holland, Inc. See Endnote Holland, Corporation Director 6/1994 11/2016 Michigan 3 RCB Main Floor, LLC (d/b/a "Reserve GR, See Endnote Grand Rapids, Corporation Director 3/2010 11/2016 LLC") Michigan 4 The Stow Company See Endnote Holland, Corporation Director 5/2010 11/2016 Michigan 5 Neurocore, LLC See Endnote Grand Rapids, Corporation Member/Manag 2/2009 11/2016 Michigan er 6 Windquest Group, Inc.