Investor Presentaiton
GPCPIII Performance Breakdown
Company
equatorial
ENERGIA
FOGO
DE
CHAO
CHURRASCARIA
BRAZILIAN STEAKHOUSE
Investment
Date
Investment
(US$mn)
Sector
Jun/05
3.2
Utilities
Aug/06
32.0
Food
Services
BRMALLS
Nov/06
62.5
Shopping
Malls
tempo
Insurance
Jan/07
39.6
Services
participações
BRProperties
Jan/07
49.4
Real Estate
m
Aug/07
53.1
Industrial
Magnesita S.A.
GPCPIII
239.8(2)
GP Investments
As of December 31, 2008
Listed
Equatorial: sale price; BRMALLS, Tempo and Magnesita: Stock price as of December 31, 2008, with a 10% liquidity discount; Fogo de Chão: acquisition multiple x LTM EBITDA - valuation
includes US$7.5 million in dividends distributed by the company in June, BR Properties: private round valuation
(1)
(2)
(2) Approximately US$10 million were used for management fees
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