Articles
More Excellent Portfolio Results
All Roads Lead To (From?) the Dollar
Manager Research Activity: 2nd Quarter, 2007
Investment Spotlight: DFA Emerging Markets Core
A New Commodities Investment: “S&P GSCI™ Enhanced Commodity Total Return Strategy Index-Linked Note.”
Shake, Rattle, and...Insure?
ANNOUNCEMENTS
Save the Date: Friday, October 5, 2007
Full-time Students Now Subject to the "Kiddie Tax"
Thanks for Helping the Environment
|
Manager Research Activity: 2nd Quarter, 2007
We tally below the managers we have met with and/or investment opportunities we have considered over this past quarter. While we receive unsolicited calls or emails daily, we only list those investment opportunities which pass an initial screen and which we then review in depth.
Common Stock |
13 |
Hedge Fund |
8 |
Private Equity |
5 |
Real Estate |
4 |
Total |
30 |
Examples of Recent Manager Research Activity
In the 2nd Quarter of 2007, activity included initial investment decisions for the following specific opportunities. We have declined to identify them by name to avoid inadvertent publicity for the specific investment situation.
Opportunity |
A Global REIT fund |
Decision |
Approved List. |
Notes |
REITs and real estate operating companies (REOCs) on a global basis;
Regional asset allocation with bottom-up stock selection;
One of the world’s leading managers of public and private real estate, with over $63 billion in assets under management. |
Opportunity |
An MLP Fund |
Decision |
Approved List. |
Notes |
Public investments in energy master limited partnerships (MLPs) and other mid-stream energy businesses;
Steady distributions with attractive growth profiles;
Leading advisor with $2.6B in MLPs.
|
Opportunity |
A Private Real Estate Partnership |
Decision |
Rejected. |
Notes |
Multi-strategy real estate partnership focusing on Russia and Ukraine;
Emphasis on projects benefiting from strong economic growth including build-to-suit commercial, planned community platform;
Risk-return profile uncertain and overly concentrated exposure to a single economic sector. |
Opportunity |
A Private Real Estate Partnership |
Decision |
Rejected. |
Notes |
Multi-strategy fund focusing on small real estate projects across Asia;
Agile investment process using deal flow from family connections;
Lack of institutional quality infrastructure and track record.
|
|
