Historical Track Record
Realized Investments
(dollars in thousands)
| Commercial |
1990-1997 |
14 |
$27,958 |
$89,039 |
$44,702 |
14.76% |
1.61x |
| Multi-residential |
1990-1997 |
11 |
$21,763 |
$103,142 |
$35,660 |
19.59% |
1.64x |
| Hospitality |
1990-1997 |
14 |
$16,014 |
$46,570 |
$38,849 |
24.85% |
2.42x |
| Senior Care |
1990-1997 |
5 |
$6,098 |
$25,945 |
$45,860 |
61.21% |
7.52x |
| Acanthus Private Equity Investors - Overall |
1990-2000 |
69 |
$71,833 |
$264,696 |
$165,072 |
48.70% |
2.3x |
| New Equity Raised at IPO |
|
|
$55,000 |
|
$72,153 |
11.40% |
1.4x |
| Acanthus IPO Investor** |
1997-2000 |
61 |
$126,833 |
$552,000 |
$178,000 |
11.40% |
1.4x |
| CRPIF I (Multi-Residential) |
2001-2009 |
39 |
$77,000 |
$187,000 |
$102,774 |
10.54% |
1.33x |
| Total Realized Investments*** |
|
108 |
$ 203,833 |
$739,000 |
$339,999 |
15.33%**** |
1.67x |
*Net return to investor
**Acanthus was sold to an affiliate of the Caisse de Depot for $9.40/share in September, 2000
***Certain of the assets may be included in more than one IRR calculation. As a consequence, the sum of the columns will
not match the total realized investments column
****Weighted average IRR based on the total capitalization
Unrealized Funds
| CRPIF II |
Dec. 2006 |
Multi-Residential |
15* |
$142,500 |
100%* |
13-15% |
| RBC CCRE LP |
Dec. 2005 |
Light Industrial |
73 |
$89,500 |
100% |
15% |
| CanStore CSSLP |
Dec. 2007 |
Self Storage |
6 |
$55,000 |
41% |
25% |
* Includes acquisitions under contract