Exits from Public Stocks. Effectively Administering Private Equity Funds Harvard Club, New York, NY. May 19, 2005. Conning Capital Partners (“CCP”).
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Effectively Administering Private Equity Funds
Harvard Club, New York, NY
May 19, 2005
Positions are frequently in thinly traded, small or even micro cap stocks
- 5 -
20% 1-Year Escrow
$18 Deal Announced September 2003
$25 Shares Valued and Deal Closes November 2003
$27 December 2003
Shares are subject to a 6-month lockup which prohibits hedging.
Acquiror has positive EBITDA, but negligible net income.
#1 / #2
$28.33 / $27.77
+/- about 10%
of average price
$23.15 / $22.72
ABSOLUTELY ESSENTIAL CHINA WALL