Frederic Liebau

PRIMECAP aims to provide superior long-term investment results by investing primarily in equity securities and utilizing fundamental research and bottom-up stock picking to construct portfolios. The firm looks for stocks that will outperform the market over the three to five-year horizon. Each portfolio action decision is made by an individual Portfolio Manager or Analyst.

Beach Investment Counsel seeks long-term total return by investing in a combination of assets, including but not limited to US equities, small- to mid-cap companies, REITs and fixed-income securities. In carrying out this objective, the firm uses fundamental research, charting analysis and technical analytical tools and approaches. Beach Investment Counsel employs several techniques, including short sales and leverage in certain client accounts.

Owns and operates horse racetracks

Roundwood seeks to grow the portfolios over the long-term, at a rate consistently above the market averages, risk adjusted, by managing a concentrated, low turnover portfolio. The firm invests in strong businesses at reasonable prices based on proprietary fundamental research.

Functions as a College/University

Owns and operates recreational clubs

Owns and operates a thoroughbred horse racetrack

Operates a horse race track

Liebau Asset Management (LAM) is a value manager that focuses on investments in high-quality companies that are trading at an attractive price. The firm employs fundamental research to identify well-managed companies with exceptional management teams, attractive business franchises, productive R&D programs and solid balance sheets. The firm invests primarily in the stocks of large-cap US companies in the producer manufacturing, energy minerals and finance sectors. LAM maintains a very low turnover rate.

Operates horse racing clubs directory publishings of thoroughbred horses

Provides investment advice and portfolio and fund management.

Provides horse racing services

Operates as an online resource for information about the racing and breeding industry

Promotes horse racing and regulates pari-mutuel wagering

Provides technology services to the California racing industry

Stockbridge Capital Group makes value-added, private equity investments real estate and real estate-related assets in the San Francisco Bay area and in Seattle, Los Angeles, Boston, New York City and Washington, DC. They focus on (1) office properties in major markets, including properties serving users with specialized needs and/or in high-growth industries (2) mixed-use properties, typically combining office, retail and/or residential components (3) residential properties, on a selective basis and including transactions such as land development projects, which take advantage of continuing shifts in the housing market and the increasing liquidity issues faced by homebuilders and developers (4) retail properties and (5) hospitality and leisure properties, including properties in specific locations or markets with definable barriers to entry or other supply constraints.

Functions as a College/University

Kidspace Childrens Museum is a private company based in Pasadena, CA.

Operates television stations and provides digital media services

Provides investigation services

Operates as a alumni councils

Functions as a foundation or endowment