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 general partner...

ISSN: 2151-1845 / CDC10004H

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