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Strategic Block Investing
Strategic block investing is a hybrid investment strategy generally used by fund managers who aim to play a constructive, active role in unlocking value from public companies through the implementation of financial, operational and governance initiatives from both minority and control positions. Strategic block investors tend to focus on publicly quoted companies but may also pursue more traditional private equity strategies. The style and level of engagement by strategic block investors varies. The majority position themselves as “company-friendly” and operate with a high level of engagement. A strategic block fund manager identifies undervalued companies, purchases a substantial block of shares in these companies (of either existing or newly issued equity) and then uses this holding to focus the attention of the incumbent management on increasing shareholder value. Some strategic block funds will intend on gaining board representation and most will work proactively with mana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical eff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder Value
Shareholder value is a business term, sometimes phrased as shareholder value maximization. It became prominent during the 1980s and 1990s along with the management principle value-based management or "managing for value". Definition The term "shareholder value", sometimes abbreviated to "SV", can be used to refer to: *The market capitalization of a company; *The concept that the primary goal for a company is to increase the wealth of its shareholders (owners) by paying dividends and/or causing the stock price to increase (i.e. the Friedman doctrine introduced in 1970); *The more specific concept that planned actions by management and the returns to shareholders should outperform certain bench-marks such as the cost of capital concept. In essence, the idea that shareholders' money should be used to earn a higher return than they could earn themselves by investing in other assets having the same amount of risk. The term in this sense was introduced by Alfred Rappaport in 1986. F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructurin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard C
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include " Richie", "Dick", " Dickon", " Dickie", "Rich", " Rick", " Rico", " Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Andersen (other) * Richard Anderson (other) * Richard Cartwright (disambiguati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blum Capital
Blum Capital Partners, L.P., also known as Blum Capital, is an American private equity firm headquartered in San Francisco, California. The firm is focused on leveraged buyout, growth capital and PIPE investments in small cap and middle-market companies. Blum Capital became known for pioneering a hybrid strategy for investing in public companies, combining private equity and strategic block investment. History Prior to founding his eponymous firm, Richard C. Blum worked at Sutro & Co., an investment management and brokerage company. While working at Sutro & Co., he led a partnership that acquired the struggling Ringling Bros. and Barnum & Bailey Circus in 1967, for $8 million. The Circus was then sold to Mattel Inc. for $50 million, in 1971. Blum founded Blum Capital in 1975. As of 2011, Blum Capital managed $2.73 billion in stocks and investments. Significant investments for Blum Capital have come from Fair Isaac, Lenovo, DHL Airways, and CB Richard Ellis. In 1994, Blum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sageview Capital
Sageview Capital is an American investment firm that raised over $2.0 billion in capital across three investment vehicles. The firm provides capital to technology-enabled businesses. History The firm was founded by two former members of the Kohlberg Kravis Roberts KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its stra ... Executive Committee Ned Gilhuly and Scott Stuart in 2005. Investment strategy The firm provides growth capital and operational support to small and mid-sized companies in the technology, financial services, and business services sectors. The employees of Sageview Capital are collectively the single largest investor in the fund. References Investment management companies of the United States {{US-finance-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SVG Capital
SVG Capital () was a leading British private equity and investment management business. Headquartered in London, it was listed on the London Stock Exchange. History The business was established in 1996 to acquire the private equity interests of Schroder Venture Group ('SVG'). It was first listed on the London Stock Exchange in the same year. In May 2008, SVG Capital announced the sale of £102 million of limited partnership interests in six private equity funds to Lexington Partners and SVG's collateralized fund obligation vehicle, SVG Diamond. In October 2016, the company agreed to sell its portfolio to HarbourVest for £807 million. In April 2017, the company announced that it would appoint a liquidator to manage the final distribution to shareholders. It was announced that SVG Capital would wind up on 29 June 2017 subject to a vote. Investments SVG Private Equity utilised collateralised fund obligation securitizations as part of its "Diamond" program, SVG Diamond (2004) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder Activists
An activist shareholder is a shareholder who uses an equity stake in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. The goals of activist shareholders range from financial (increase of shareholder value through changes in corporate policy, cost cutting, etc.) to non-financial (disinvestment from particular countries, etc.). Shareholder activists can address self-dealing by corporate insiders, although large stockholders can also engage in self-dealing to themselves at the expense of smaller minority shareholders. According to research firm ''Insightia,'' a total of 810 listed companies globally were publicly subjected to activist demands in 2020, down from 896 in 2019. Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigation, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
