Motiwala Capital - Q3 2015 Letter To Investors
The US equity markets (S&P 500) had a very rough third quarter of 2015 down 6.4%. It was the worst quarterly drop for US markets since Q3 2011. Motiwala Capital aggregate was down 2.4% for the quarter. Year to date S&P 500 is -5.3% while our accounts are -4.8%. Since inception, our net annualized return (after fees and expenses) has been 12.1% v/s 10.7% for S&P 500. Our portfolios are divided into two primary sections. The ‘Generals’ are undervalued equity investments. We own 17 positions, cumulatively equaling 48% of the portfolio. The rest of the portfolio is invested in special...
Microcap Market Update
Maxi Brezzi gives an update on the microcap market, Maxi Brezzi, CVA partners. Why should you consider and invest in Microcaps?
Are Small Cap Stocks a Separate Asset Class?
f small cap stocks were just a more volatile extension of the market, we’d expect to see them generally move in lockstep with a large cap index like the S&P 500, increasing more during bull markets, declining more during bear markets, and languishing sympathetically during sideways markets. But small cap stock returns don’t fit this pattern at all. - See more at: http://servowealth.com/resources/articles/are-small-cap-stocks-separate-asset-class#sthash.SLbjLVJi.zXkEZwqw.dpuf
Microfunds: What's the 411?
"We want to get a foothold now and accelerate into it." The the concept of a microfund is still one which is unclear to many. Is a microfund the same as a VC fund? What are their business models? Where are micro fund deals happening? Three MicroVCs tell all.
Blackstone Group acquires India's Agile Electric Works : Regions : IVCPOST
US-based private equity firm, Blackstone Group LP, agreed to purchase a majority stake in Agile Electric Works. Agile Electric Works is an Indian auto parts maker which owns Igarashi Motors. The deal...
Platinum Equity to Buy CBS's International Billboard Unit - Bloomberg
Platinum Equity LLC, a Los Angeles private-equity firm founded by Tom Gores, agreed to buy CBS Corp.'s international billboard unit for about $225 million....
NVM Private Equity acquired Cleveland Biotech
June 17, 2013 - (Press Release Date) NVM Private Equity acquired Cleveland Biotech NVM Private Equity today announced that it has invested PS3 million to support the PS4.4 million management buy-out o...
The Sweet Music Kohlberg Sees in Steinway's Financials - Businessweek
One can only have so many sports cars and Swiss watches. That's no doubt the thinking of private equity firm Kohlberg Co. as it strikes a $438 million deal to buy Steinway Musical Instruments....
Actis invests $102m to acquire 30% of Egypt's Edita Food Industries - Daily News Egypt
Global firm expresses optimism towards snack food market, citing young and growing population...
City trader Kieran Prior to buy stake in Rangers - Football - Scotsman.com
Kieran Prior, boss of private equity firm Pri Arc, claims he is set to buy a stake in Rangers and could soon become the Ibrox club's biggest single shareholder....