| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Asset Alliance Corp. |
| 800 Third Avenue, New York, NY 10022 * (212) 207-8786 |
| The company is an investment management holding company that acquires preferred interests in privately owned investment management firms specializing in alternative investment strategies. |
| Manager | Tier | Phone |
| Bear, Stearns & Co. Inc. | Lead Manager | (212) 272-4850 |
| PaineWebber Incorporated | Co-manager | (212) 713-2626 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| NASNTL: | AACO | Financial: | SIC 6722 | |
| Type of Shares: | Common Shares | Filing Date: | 3/26/98 | |
| U.S. Shares Filed: | 7,700,000 | Filing Range: | $11.00 - $13.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $92,400,000 | |
| Primary Shares: | 7,700,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | 24,300,000 | |
| Employees: | 8 |
| Issuer's Law Firm: | Skadden, Arps, Slate, Meagher & Flom |
| Bank's Law Firm: | Stroock & Stroock & Lavan |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $8.06 | Assets: | $24.82 | ||
| Net Income: | $0.44 | Curr Assets: | $20.63 | ||
| EPS: | $0.10 | Liabilities: | $7.02 | ||
| Prior EPS: | -$0.03 | Curr Liab: | $4.23 | ||
| Cash Flow/Oper: | -$1.73 | Equity: | $17.80 | ||
| Cash Flow/Fin: | $11.80 | Cash: | $12.17 | ||
| Cash Flow/Inv: | -$1.12 | Working Cap: | $16.40 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness outstanding under the credit agreement, to finance the cash portion of the MET acquisition, to repay the Citco Loan and for working capital needs and for general corporate purposes including future acquisitions. |