Contact: James Fingeroth/ Ruth Pachman (212) 521-4800 JOHN A. LEVIN & CO. ANNOUNCES WIND-UP OF EVENT DRIVEN INVESTMENT VEHICLES -FIRM SAYS IT REMAINS COMMITTED TO ALTERNATIVE INVESTMENT STRATEGIES- -------------------------------...News Release • October 18th, 2005 • BKF Capital Group Inc • Investment advice
Contract Type FiledOctober 18th, 2005 Company IndustryNEW YORK, October 18, 2005 - John A. Levin & Co., Inc. announced today the anticipated departure in the first half of 2006 of the senior portfolio managers of its event-driven investment strategy. The Company stated that, as a consequence, the portfolios of its event-driven investment vehicles will be liquidated and the funds will be returned to investors in a timely fashion. The liquidation will be conducted by the existing event-driven portfolio management team. As of June 30, 2005, Event Driven assets under management represented approximately 17% of total assets under management. For the six months ended June 30, 2005, Event Driven Investment Management Fees and Incentive Fees represented approximately 44% of total advisory revenue.
For: Duane Reade Inc. Approved By: John Henry (212) 273-5746 SVP - Chief Financial Officer Contact: Cara O'Brien/Lila Sharifian Press: Melissa Merrill (212) 850-5600 Financial DynamicsNews Release • March 11th, 2005 • Duane Reade Holdings Inc • Retail-drug stores and proprietary stores
Contract Type FiledMarch 11th, 2005 Company IndustryDUANE READE ANNOUNCES CHANGES IN CERTAIN ACCOUNTING PRACTICES AND SUSPENSION OF ITS OFFER TO EXCHANGE ITS UNREGISTERED SENIOR SECURED FLOATING RATE NOTES DUE 2010 FOR REGISTERED SENIOR SECURED FLOATING RATE NOTES DUE 2010