Howard Hughes Medical Institute, Inc.

SAM uses a value-oriented, long-term, bottom-up stock selection process. Their research team appraises businesses by studying financial statements, regulatory information, trade publications, and other industry and corporate data, and by talking with corporate management, competitors, and suppliers. They use two methods for their appraisal: (1) they seek to assess the company’s liquidation value based on the current economic worth of corporate assets and liabilities; and (2) they seek to determine the company’s ongoing value based on its ability to generate free cash flow after required capital expenditures and working capital needs. In selecting investments they look for companies with strong business and good people.

Lime Rock Management invests growth capital primarily in two sectors of the energy industry: exploration & production and oilfield service. The firm seeks to make growth capital investments of $50 million to $150 million in portfolio companies with enterprise values up to $500 million. They also invest smaller amounts of capital in outstanding young technology companies on the brink of strong growth.Lime Rock Management invests growth equity in oil and gas producing companies with an established reserve base and start-up companies using growth capital to develop new resources. Their portfolio companies focus on niche focused global opportunities, such as developing overlooked areas of resource plays in North America or developing smaller fields in a mature basin.Lime Rock Management partners with oilfield service companies with differentiated growth strategies in attractive market niches. The firm invests with companies offering products and services to energy producers worldwide, often in products with a technological edge over the competition, as well as companies targeting fast growing regional markets. In addition, Lime Rock selectively invests in young oil service technology companies developing high-impact technologies that offer measurable improvement in oil and gas production and extraction.

The North Highland Co. provides management consulting services in the field of financial services, financial management, and technology. It offers data and analytics, managed services, operating efficiency ratio, people and change, professionalizing information technology, professional staffing, social insights lab, and strategy and advisory services. The company was founded by Dave T. Peterson in 1992 and is headquartered in Atlanta, GA.