Disclosure: This post is both broad and detailed so that interested analysts and journalists can gather key facts and form their own opinion. Reviewing incredible schemes such as this orchestrated by Robert Mercer and Jim Simons often attract teams of analysts and reporters. This post is original fact checked independent research available free on … Continue reading How Trump Patron Robert Mercer Brilliantly Shifts Assets From The Main Street Economy, Beer Sales, Into What Bloomberg Calls “The Blackest Box in Finance.” Is Mercer indeed, like Trump, under severe financial stress?
Today Oregon PERS approved a $400 million investment in Stonepeak, a firm that invests in "infrastructure projects." In his presentation Stonepeak's managing director Michael Dorrell noted their strategy is to invest in "essential infrastructure assets with an economic monopoly, much like an airport." This includes water, power plants, transportation and telecom with a focus "outside … Continue reading Oregon PERS Approves $400 Million Investment in Stonepeak Infrastructure Fund
In a front page story Sunday May 20, 2012, Ted Sickinger of the Oregonian provided a detailed review of private equity valuation concerns. This portfolio of opaque investments has grown substantially and poses unique risks to Oregonian PERS participants. In his article, Sickinger notes this analysis is based upon original Parish & Company research. Although … Continue reading The Oregonian Reports on Valuation Concerns Regarding PERS Private Equity Investments
Pulitzer Prize winning reporter and senior editor Mark Maremont of the WSJ wrote the following two stories, explaining how Presidential Candidate Mitt Romney built his IRA to as much as $100 million. Both stories were based upon original Parish & Company analysis. The purpose of this analysis is not to directly disparage Romney but rather … Continue reading The Wall Street Journal Confirms Parish & Company Analysis of Bain Capital Profit Sharing Plan and Romney IRA
Note: Mitt Romney Tax Return Analyzed in Separate Post As an investment advisor I have found reviewing a company's pension plan to be a good indicator of the sponsoring company's quality of management. These pension plans are all available for viewing at http://www.free5500.com via required annual 5500 ERISA filings. The filings show not only show … Continue reading Bain Capital Profit Sharing Plan Likely Reveals How Romney Built IRA