10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Baron Funds Comments on Windy City Investment Holdings (Formerly Nuveen Investments)

November 22, 2013 | About:
Holly LaFon

Windy City Investment Holdings, L.L.C. , formerly known as Nuveen Investments (NQM), is an asset management firm. Windy City is not traded publicly; we value it using a model and public market comparables. Multiples in the company's comparable peer group declined during the quarter, and we marked down our investment in Windy City accordingly. Windy City's asset levels are nearly unchanged since the beginning of the year, as management turnover and poor performing credit-based assets hindered growth. (Michael Baron)

From Ron Baron’s Baron Funds third quarter 2013 letter.


Rating: 1.0/5 (1 vote)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK