| An SI Board Since June 2004 |
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Hopefully this can develop into a forum to share information on Michael Lauer, his Hedge Funds (Lancer, Lancer Offshore and Omni) and his more significant investments such as ZICA. What was this love affair with Canada? His Funds invested almost $100 million in ZICA shares and he personally invested a further $18 million. In both instances these were the largest investments on a cost basis and represented over 35% of the Funds investments at 7-10-03.
On the other hand Quebec based Pension Funds and Foundations put about $350 million into Lauer's Hedge Funds. This represented over 55% of the Net Investor Contributions. Germain Bourgeois is credited with bringing most of these monies into Lauer's coffers.
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