Passport buys out Capital Z interest
Sat Apr 1, 2006
San Francisco-based Passport Capital recently negotiated a
buyback of the $50 million of equity held in the firm by anchor
investor Capital Z Investments.
The terms of the initial deal, which Capital Z and Passport
agreed to in February 2003, called for Capital Z to hold a
minority interest in both Passport's management company and its
ISSN: 2151-1845 / CDC10004H
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