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s within a year, FBR can raise the target amount of capital in eight weeks with a high degree of certainty. The second slide explains why it works. Buffett is the model. He did it with only $70 million to start. GLRE is the updated version. The third slide explains the 144A market and FBR's place in i
rd Point presentation in electronic form) and FBR's presentation. There is also a 25 minute Opalesque TV clip on the concept. Three page summary on Greenlight Capital Re (NASDAQ - GLRE). EFTA00672292 As of today for stock price and fund performance. As of September 30th for balance sheet information - the most rec
s within a year, FBR can raise the target amount of capital in eight weeks with a high degree of certainty. The second slide explains why it works. Buffett is the model. He did it with only $70 million to start. GLRE is the updated version. The third slide explains the 144A market and FBR's place in it
rd Point presentation in electronic form) and FBR's presentation. There is also a 25 minute Opalesque TV clip on the concept. Three page summary on Greenlight Capital Re (NASDAQ — GLRE). As of today for stock price and fund performance. As of September 30th for balance sheet information - the most recent earnings re
permanent capital (some or all of which would be new AuM) with a high degree of certainty 1 EFTA00506381 Why the Idea Works TAUSSIG CAPITAL Buffett — from hedge fund manager to (re)insurer/banker Capital in fund structure works only once K In at NAV; Returns compound; Out at NAV K High level
on to higher ROEs, shares should trade at premium to book K No K-1s and capital gains treatment in the UK, Canada, and the U.S. Proof of concept — Greenlight Capital Re (symbol - GLRE) 2 EFTA00506382 144A Offerings TAUSSIG CAPITAL ■ Hybrid private placement and public offering ■ Simpler/quicker/cheaper than
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