Sources of Capital*

By

Jeff Jones¹

Search and Discovery Article #70022 (2006)

Posted October 16, 2006

*Oral presentation at AAPG Forum: Show Me the Money – How Wall Street Logic, NYMEX Traders and Capital Markets Impact You, AAPG Annual Convention, Houston, Texas, April 9-12, 2006

Click to view presentation in PDF format (~1.5 mb).

¹Partner, Quantum Energy Partners ([email protected])

My Perspective 

Was:                Deal generator/operator: “Buy & Hold” strategy 

Now:                Deal/Management “picker”: “Buy, Build & Sell” strategy 

Thoughts:          Plan deal with “Exit Strategy” in mind

Never run out of money

Summary: Where’s the Money 

Aggregators - Investors 

Institutions – Aggregators

Insurance Companies, Endowments, Pensions, Hedge Funds

May or may not Invest 

Individuals

 Funds raised from any or all of the following: 

Funds or other entities which aggregate capital from individuals 

Individual savings, investments

Conclusions 

·        Define your objectives

·        Obtain professional advice – for example:

Cosco Capital Mangement

Ammonite Capital Partners, LP

others 

And… 

Don’t Run Out of Money