Aandeel Tetragon Financial Group AEX:TFG.NL, GG00B1RMC548

quote:

Free 1 schreef op 18 oktober 2024 13:41:

Bij Rabo zitten ze niet meer in assortiment (ik denk dat ze het niet Woke of ESG genoeg vinden) ik moest via mijn accountmanager vragen Tetragon open te stellen, deden ze slechts tot de volgende ochtend 10 uur. Pfff....tot rond 11uur loop ik met de hond in het bos.
First things first.

quote:

DeZwarteRidder schreef op 1 november 2024 08:48:

Other: TFG Asset Management has historically described its ownership level in Equitix as 75%, reflecting the
original capital table as at the acquisition date in 2015, along with further equity grants to management in the
interim. Shares held by Equitix management are subject to forfeiture in certain circumstances upon their
departure or are otherwise converted into an entitlement to reduced “tail” payments as distributions are made
over a specified period following the employee’s departure. On a distribution basis, TFG Asset Management has
continued to receive approximately 75% of the dividends from the business, with management and former
management members on a “tail” receiving the remainder.
In the event of a sale of the business, the entitlements of former management members to “tail” payments would
be accelerated based on a formula and TFG Asset Management and the acting management team shareholders
would receive the purchase price net of these accelerated amounts. As such, on a capital basis, TFG Asset
Management’s calculated ownership of the Equitix business on a sale is different from the distribution basis, and
is currently 81.48% as at 30 September 2024.
Although the capital basis percentage owned has historically fluctuated between 75.80% and 81.48%, given the
current percentage of “tail” payments owned by former employees, more recently it has been towards the higher
end of this range – which is generally consistent with expected ownership levels. As such, it is considered
appropriate to utilise this percentage in determining the fair value of TFG Asset Management’s stake in Equitix
as at the current reporting date. Going forward, TFG Asset Management will reference at each quarter end its
ownership level in the business to the percentage of Equitix’s shares that it holds net of any accelerated “tail”
payments.
Monthly Factsheet | 30 September 2024
Tetragon Financial Group Limited

quote:

DeZwarteRidder schreef op 1 november 2024 10:03:

[...]
Ik begrijp hier uit dat Tetragon eigenlijk voor 81,5% eigenaar is van Equitix.

quote:

Stapelaar schreef op 1 november 2024 11:47:

[...]

Om precies te zijn 100% juridisch en 81.5% economisch bezien.

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objectief schreef op 24 mei 2024 07:17:

Tetragon heb ik al even geleden verkocht; het dividend is aan de lage kant en een koersstijging zat er ook niet in.
M.i. bestaat de onderwaardering al jaren met af en toe een opleving van de koers als ze inkopen maar die aandeleninkopen zijn ook niet meer aantrekkelijk vanwege het magere bod.

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Free 1 schreef op 2 december 2024 14:55:

DZR, ik even terug een compliment van jou, en dat zegt wat...en jij nu een ab van mij
Wat was die objectief een ongelovelijk irritante PvdA/D66 propagandist.

Let wel, vrijwel al mijn vnl vrl sport kameraden zijn nog wat linkser, maar dan gelukig niet ala objectief.

Ik heb ooit eens op verzoek van een sportvriendin provinciaal SP gestemd.

quote:

DeZwarteRidder schreef op 2 december 2024 14:51:

Monthly Factsheet | 31 October 2024
Tetragon Financial Group Limited
Holding Asset Class Value
($ millions)
% of
Investments
1 Equitix Private equity in asset management company 903.4 26.0%
2 Hawke's Point Fund 1 Private equity and venture capital 319.9 9.2%
3 Westbourne River Event Fund - Low Net Event-driven equities 306.5 8.8%
4 BGO Private equity in asset management company 279.0 8.0%
5 LCM Private equity in asset management company 237.2 6.8%
6 Westbourne River Event Fund - Long Bias Event-driven equities 158.3 4.6%
7 Banyan Square Fund 1 Private equity and venture capital 135.8 3.9%
8 Acasta Global Fund Convertible bonds and credit 116.0 3.3%
9 Ripple Labs Inc. - Series A & B Preferred

quote:

DeZwarteRidder schreef op 3 december 2024 09:48:

[...]
De Ripple is aan het exploderen.......!!!