Subject: Fw: Fwd: Edgewater Growth Capital Partners III, L.P.
From: "Arlene Busch" <[email-masked]>
To: "Hunter Biden" <[email-masked]>, "Eric Schwerin" <[email-masked]>
Date: Thu, 7 Jul 2011 17:38:40 +0000

Arlene Busch
202-333-1880
[email-masked] 

-----Original Message-----
From: "James Gordon" <[email-masked]>
Date: Thu, 7 Jul 2011 12:25:08 
To: Arlene R. Busch<[email-masked]>
Subject: Fwd: Edgewater Growth Capital Partners III, L.P.

James A. Gordon
The Edgewater Funds
900 N. Michigan Avenue
Suite 1800
Chicago, IL 60611
312-649-5666
[email-masked]

Begin forwarded message:

> From: "J. Walter Cahill" <[email-masked]>
> Date: July 7, 2011 10:21:27 AM MDT
> To: "James Gordon" <[email-masked]>
> Subject: RE: Edgewater Growth Capital Partners III, L.P.
> 

> Mr. Gordon,
> 
>  
> 
> The Friday July 22 meeting starts at 9:30am, usually ends by 2:00pm. We could fit you in at your convenience/travel schedule.
> 
>  
> 
> The address for the Fund office is
> 
>  
> 
> 11247  C  Lockwood Drive
> 
> Silver Spring, MD 20901
> 
>  
> 
> It is about a mile outside (north) of the Beltway. Lockwood Dr. would be a left hand turn off New Hampshire Avenue.
> 
> Easily accessible from BWI airport, or National Airport if you prefer to fly into Washington, D.C.
> 
>  
> 
> The Fund Administrator is Natalia Jordan and she can be reached at (301) 593-1265 or [email-masked]
> 
>  
> 
> Walter
> 
>  
> 
> 301-312-8544 phone
> 
> 301-312-8545 fax
> 
> 301-452-3161 mobile
> 
>  
> 
>  
> 
> 
> 
> 
> From: James Gordon [mailto:[email-masked]] 
> Sent: Thursday, June 30, 2011 9:57 AM
> To: J. Walter Cahill
> Cc: Tara Brady
> Subject: Re: Edgewater Growth Capital Partners III, L.P.
> 
>  
> 
> Dear Walter,
> 
> I would be pleased to make a presentation.  Let me know time and place.   
> 
> Thank you,
> 
> Jim
> Jim Gordon
> The Edgewater Funds
> 900 N. Michigan Avenue
> Suite 1800
> Chicago, IL 60611
> Phone: 312-649-5666
> Fax: 312-664-8649
> [email-masked]
> 
>   From: "J. Walter Cahill" [[email-masked]]
>   Sent: 06/30/2011 09:45 AM AST
>   To: James Gordon
>   Subject: RE: Edgewater Growth Capital Partners III, L.P.
> 
>  
> 
> Mr. Gordon,
> 
> While I do not have final approval yet, I am confident that if you could attend you could make a presentation to the I.A.T.S.E. Local 22 Pension & Welfare Trustees on Friday July 22. I expect to hear in the next day or two about this.
> 
> If approved I will get the particulars, time, location, ect. to you A.S.A.P.
> 
> Walter
> 
>  
> 
> From: Tara Jacobson [mailto:[email-masked]] On Behalf Of James Gordon
> Sent: Friday, April 15, 2011 4:10 PM
> To: [email-masked]
> Subject: Fw: Edgewater Growth Capital Partners III, L.P.
> 
>  
> 
> 
> Dear Walter, 
>   
> At the suggestion of Arlene Busch, attached please find the L.P. Presentation for Edgewater Growth Capital Partners III, L.P. 
>   
> Please note that in our presentation book the chart on page 14 under “Exit Date”, Trausch Industries says “partially realized” although it is now closed Also, note that we keep the unrealized investments close to cost until we sell them so please focus on realized where we have compounded at 54.6%. 
>   
> In regards to the new Fund III, we purchased Galson in April and the company has already made in profits what we paid for the company. Another company, Salter Labs we purchased for 7x earnings which is 10x under the industry average of 17x earnings for medical device companies. 
>   
> In December, we bought Nielsen-Kellerman, a sensor company, for 4.8x earnings.  At the beginning of this month we bought Nashville Chemical, which is in the water industry. This is complimented by a dozen LOI’s. 
>   
> Have a great weekend and do not hesitate to reach out to me if you have questions. 
> 
> 
>   
> Best as Always, 
> 
> Jim 
>