“They only acquire about one four hundredths, one out of every 400 companies they evaluate. And they require a pretty high internal rate of return.”
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Said on Motley Fool Hidden Gems Investing
Capital Allocators - Inside the Institutional Investment Industry · Continuation Vehicles from the LP Seat - Scott Ramsower
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sit on the advisory board of almost every fund they invest in and use an internal scorecard to evaluate continuation vehicles, voting no if criteria aren't met
“They only acquire about one four hundredths, one out of every 400 companies they evaluate. And they require a pretty high internal rate of return.”
“On 1 October, personal care under support at home became fully funded… A $1 billion investment for almost 400,000 Australians funded in the budget using PHI savings.”
“She was chairman of the board. She had, uh, voting rights that gave her, you know, something like 90% voting control of the company”
“If there aren't people using the service, the airlines work out... no subsidies from the government in Victoria to keep these routes running.”
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