San Diego's LM Capital Group Receives Additional Investment from Coca-Cola Enterprises.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- LM Capital Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a leading San Diego-based fixed income investment manager for institutional clients, announced today that it has received an additional $11 million from Coca-Cola Enterprises Inc. This latest investment increases the total assets LM Capital Group manages for Coca-Cola Enterprises Inc. to approximately $105 million and raises the firm's total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. to over $2 billion. "This marks the fifth institutional investment by Coca-Cola Enterprises Inc. with LM Capital Group since its initial investment of $15 million in May 2002," said John Chalker, managing director of LM Capital Group. "It is always gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. and a testament to our continued focus on seeking out the best opportunities for our clients in the global marketplace when they reward us with additional assets to manage." Coca-Cola Enterprises Inc. is the world's largest marketer, distributor and producer of bottle and can liquid nonalcoholic non·al·co·hol·ic adj. A beverage usually containing less than 0.5 percent alcohol by volume. refreshment. Coca-Cola Enterprises Inc. sells approximately 80 percent of The Coca-Cola Company's bottle and can volume in North America. Chalker said opportunistic core fixed income portfolios generally consist of 50 securities and are comprised of U.S. Treasuries, agencies, investment grade (A/A A/A As Above A/A Answers All (swapping) A/A Air-to-Air A/A Angle of Attack A/A Acquisition Authority A/A Autoanswer A/A Analysis of Accounts A/A Attack Assessment A/A Analyst-to-Analyst A/A Advice of Allotment 2min or better) corporate issues and mortgage-backed securities Mortgage-backed securities (MSBs) Securities backed by a pool of mortgage loans. . LM Capital produces additional alpha for clients by opportunistically investing up to a maximum of 30 percent of the portfolio in the following three sectors: non-dollar denominated debt from industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. nations, U.S. high-yield securities and U.S. dollar denominated debt of sovereign and corporate issues from developing (emerging) countries. This opportunistic approach allows LM Capital to provide clients with a portfolio which does not only enhance return, but also helps to reduce risk for their aggregate portfolio. "Given where interest rates are today and where they seem to be heading, the ability to invest opportunistically and to take advantage of our distinct competence in these areas gives clients the best chance to meet and exceed their investment goals in an increasingly difficult marketplace," added Luis Maizel, senior managing director, LM Capital Group. About LM Capital Group, LLC LM Capital Group, LLC is a San Diego-based independent investment advisory firm registered under the Investment Advisors Act of 1940. The firm was founded in 1989 by Luis Maizel and John Chalker to provide fixed income investment services to institutional investors and is employed by public agencies, corporations and foundations across the United States. LM Capital Group manages approximately $2.1 billion in four fixed income strategies: short-term, intermediate-term, core, and opportunistic core (core plus). For more information on LM Capital Group, please contact Richard Deary or Dominic Nolan at 619-814-1401 or visit the LM Capital Group website www.lmcapital.com. |
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