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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (2407)11/23/1999 12:10:00 AM
From: keith massey  Respond to of 5053
 
I have been doing a little digging...

Both the web pages of the Argentum Group and MF Private Capital are under construction. I already knew this because Mr. Staudt had already told me they were revamping their webpages... just thought I would save some people from looking.

mfpcinc.com
argentumgroup.com

Here is part of the team for the Argentum Group...an impressive looking group...

Walter Barandiaran is a general partner and co-founder of The Argentum Group, a position held since November 1987. From March 1986 until joining The Argentum Group, Mr. Barandiaran was the director of corporate finance and a senior vice president at Steinberg & Lyman, an investment banking and venture capital firm (now Healthcare Investment Corp.). From 1982 to 1986, Mr. Barandiaran was a vice president, corporate finance, at D.H. Blair & Co., an investment banking firm. He is a director of US Tire Recycling Corp., Conner Industries Inc., and M3 Technologies. Mr. Barandiaran holds a bachelor's degree from Baruch College, City University of New York, and attended the New York University Graduate School of Business Administration.

Daniel Raynor is a general partner and co-founder of The Argentum Group, a position held since November 1987. From March 1986 until joining The Argentum Group, Mr. Raynor was a senior vice president and associate director of corporate finance at Steinberg & Lyman, an investment banking and venture capital firm (now Healthcare Investment Corp.). From 1982 to 1986, Mr. Raynor was a vice president, corporate finance, at D.H. Blair & Co., an investment banking firm. He is a director of Dynamic Healthcare Technologies, Fusion Lighting, Specialty Healthcare Management, Industrial Services Technologies Inc., and Community Corrections Corp. Mr. Raynor holds a bachelor's degree in economics from the Wharton School, University of Pennsylvania.

Benjamin Fishman is a vice president of The Argentum Group, a position held since July 1994. Previously, Mr. Fishman was a management consultant with McKinsey & Co. in New York, where he served clients in the telecommunications, consumer goods, and pharmaceutical sectors. Mr. Fishman holds a bachelor's degree from Princeton University.

Vipul Patel is an associate of The Argentum Group, a position held since December 1997. Previously, Mr. Patel was an associate consultant with Bain & Company in Chicago, where he served clients in the telecommunications, manufacturing, health care, and consumer goods sectors. Mr. Patel holds a B.A. in Economics from the University of Chicago.

Steven Berman joined The Argentum Group as controller in December 1997. Prior to joining Argentum, he was assistant controller and tax manager at Caxton Corporation, a large privately owned hedge fund manager and investment company, where he was employed since 1990. Mr. Berman began his career in 1985 as a tax supervisor at Laventhol & Horwath, an international accounting firm. He holds a bachelor's degree in accounting from Temple University and a master's degree in taxation from Villanova University.

Schneur Z. Genack is a partner of Argentum/Genack Environmental Partners, L.P., which serves as a general partner of EPEF II and Felsen, Genack Associates. Mr. Genack has more than 15 years of private equity experience commencing with participation in the founding and acquisition program of Enseco Inc., a successful laboratory consolidation company that was acquired by Corning Inc. He is a director of Ponderosa Fibres of Pennsylvania Inc., Phytotech Inc., New Options on Waste Inc., Industrial Services Technology Inc., and enviroGuard Inc. He graduated from Yeshiva University and New York University Law School (Law Review). He served as legal assistant to the chairman of the National Labor Relations Board during 1964 and 1965 and was an attorney with the law firm of Proskauer, Rose, Goetz, and Mendelsohn until 1967. Thereafter, until 1983, he served as president of a family business.



To: keith massey who wrote (2407)11/23/1999 12:32:00 AM
From: keith massey  Read Replies (2) | Respond to of 5053
 
For some reason we really haven't gone over this news close yet?

Thought I would recap a part we haven't talked about.....

MF Private Capital started a fund and has invested/raised $90 million(U.S) in the past 18 months. Manufacturers Life Insurance Company is participating in the fund by contributing a percentage of its original deals to the fund. The majority of deals in the fund are in communications infrastructure, technology, medical device technology and Internet B2B companies. In the news release JDX announced that they did a $1.5 million (U.S) investment in this fund which means we own a chunk of all of these deals!! This is not a mutual fund but a private VC firm that is doing seed capital deals (pre-IPO). This fund is just starting out which means that the large percentage of the deals they are sitting on have not done an IPO and we are right at the very beginning of the growth phase.

Along with everything else in the release I also thought this was also good news....now we own a bunch of tech./internet companies that could be IPO'ing very soon. As soon as they update their web page we will know what we are sitting on.

Best Regards
KEITH



To: keith massey who wrote (2407)11/23/1999 12:52:00 AM
From: keith massey  Respond to of 5053
 
We guessed a while back that JDX would be building an advisory committee and after a little digging it appears that Dale Flanagan might be a great choice.

Dale M. Flanagan is a senior partner with TMP Worldwide. In case nobody knows TMG the symbol is TMPW on the NASDAQ. It has a market cap. of $3.7 Billion and had revenues of $539 million last year. TMP Worldwide is the leading provider of global recruitment solutions including the dominant Internet career portal, Monster.com; and the world's largest Yellow Pages advertising agency.

Best Regards
KEITH



To: keith massey who wrote (2407)11/23/1999 8:24:00 PM
From: Mr. Oil  Read Replies (1) | Respond to of 5053
 
I don't mean to be impatient but you got us Pavlov dogs waiting for the chart. I know it is a black candle but we still need to see it. LOL

Ray