The project has a total cost of $ 1.3 billion and is funded with senior bank loans ($ 685.8 million),
private equity contributions ($ 209.8 million), and interest income ($ 2.3 million), in addition to the TIFIA loan.
Not exact matches
The SBA describes the program thusly: «Typically, a 504 project includes a loan secured with a senior lien from a
private - sector lender covering up to 50 percent of the project cost, a loan secured with a junior lien from the CDC (a 100 percent SBA - guaranteed debenture) covering up to 40 percent of the cost, and a
contribution of at least 10 percent
equity from the small business being helped.
Around 18 % of
private - pension money was invested in domestic and foreign
equities, and 39 % in savings and deposits as of March 2015, according to the Japan Defined -
Contribution Pension Plan Administration.
The Steelworkers Union and others are promoting alternative corporate forms like employee ownership, cooperatives, Benefit Corporations,
private equity firms that respect worker rights and value their
contributions in turnaround situations.
Christopher M. Sulyma filed a lawsuit on behalf of two proposed classes of participants in the Intel 401 (k) Savings Plan and the Intel Retirement
Contribution Plan, claiming that the defendants breached their fiduciary duties by investing a significant portion of the plans» assets in risky and high - cost hedge fund and
private equity investments through custom - built target - date funds.
PLANADVISER: So, do you see a problem in the lawsuit's argument that hedge funds and
private equity investments are inappropriate for defined
contribution retirement plans?
Plaintiff Christopher M. Sulyma, on behalf of two proposed classes of participants in the Intel 401 (k) Savings Plan and the Intel Retirement
Contribution Plan, claims that the defendants breached their fiduciary duties by investing a significant portion of the plans» assets in risky and high - cost hedge fund and
private equity investments.
Contributions of certain real estate,
private equity, or other illiquid assets are accepted via a charitable intermediary, with proceeds transferred to a donor - advised account upon liquidation.
Schwab Charitable accepts
contributions of certain real estate,
private equity or other illiquid assets via a charitable intermediary, with proceeds of your donation transferred to your donor - advised account upon liquidation.
Along with
contributions from Mr. and Mrs. Donald Rumsfeld ($ 1,000 apiece), Lamar Alexander's PAC ($ 500) and John McCain's PAC ($ 2,500), there's also $ 4,800 — the maximum allowable
contribution — from Stephen Schwarzman, founder of The Blackstone Group, the
private equity firm where one of Cox's primary opponents, businessman Randy Altschuler, used to work.
Hevesi admitted to using his control over the state's pension fund, now at $ 130 billion, to steer $ 250 million in investments to a
private equity fund that paid him handsomely: $ 75,000 in trips to Israel and Italy for him, his adult children, and people from his staff; $ 500,000 in campaign
contributions, and $ 380,000 in make - believe consulting fees to a lobbyist allied with Hank Morris, Hevesi's political guru.
In addition to the TIFIA loan, the project is funded from the following sources: $ 675 million in proceeds from
Private Activity Bonds,
equity contribution of $ 272 million, $ 309 million in public funds, $ 368 million in toll revenues, and $ 43 million in TIFIA capitalized interest.
Private equity faces a situation where debts need to be serviced, but business is slow, and
contributions from limited partners are not forthcoming.
Christopher Finn, managing director and chief operating officer of corporate
private equity, highlights «the innovative approach taken by the in - house legal team in London in working closely with and counselling our investment teams, and ultimately our investment committees», something he says has made «a significant
contribution to helping Carlyle find value through investments others have shied from and facilitated the turnaround of underperforming investments.»
British Vita Unlimited v. British Vita Pension Fund Trustees Ltd [2007] PLR 157 — The first case examining the relationship between trustees» powers under a scheme's
contributions rule and the scheme specific funding regime contained in Part 3 of the Pensions Act 2004 following acquisition of a FTSE 250 company by a US
private equity house and an employer / trustee funding dispute.