Birmingham Alabama, 6 September 2011 – Bud Kirchner the co-managing partner of Kirchner Portfolio Management (KPM) has been selected to present during the upcoming Institutional Limited Partners Association Member conference in Vancouver B.C. on October 5th,2011. Bud will present sessions titled “Underperforming Funds”.
Bud will introduce a proprietary ‘lifecycle investment approach’ that will serve as context for the growing number of situations where a successor GP is the preferred option. Participants will be introduced to the salient considerations and options available in these situations. Participants will also be introduced to a proprietary decision tree designed to facilitate any transition while reflecting the legal, operational and other perspectives.
“I am very pleased to have been chosen to present at such a noteworthy conference” stated Bud. “We are always pleased when our success at creating value pays off with this kind of recognition. To date we have experience as ‘successor GP’ in more than 15 situations and know it is important for limited partners to have another option. This is what we provide” concluded Bud.
Attendees of the session will gain the knowledge to be able to categorize underperforming funds, list the situations where active intervention is appropriate, determine the appropriate solution from the three options available, and apply a multiple step decision tree to facilitate the process
This recognition of this unique service is the latest in a series; including recent articles on KPM in the Financial Post and Dow Jones publications.
About the Kirchner Portfolio Management
Kirchner Portfolio Management (KPM) is the successor fund management division of Kirchner Investment Management Corporation. Kirchner Portfolio Management actively manages capital as a Corporate General Partner of venture capital and private equity investment funds on behalf of their limited partners. Our services include replacement GP or supplemental GP, management of remnant funds, managing funds after their investment phase to improve fund performance and liquidity, management of funds with inherent issues and management of distributed private securities.
For inquiries, please contact:
W.B. (Bud) Kirchner
Kirchner Portfolio Management