Who is eager to infuse fresh money into Equus Total Return ( EQS )?
I wonder if anybody out there knows anything about the private equity holdings of EQS . It is a CEF that owns mostly private equity debt and equities that trades at a 45% discount. I know there is a battle between the current Board, and a dissident group trying to install their own board (which apparently consists of the previous owners who managed this company into the mess it is in). Any help would be appreciated.
… invest in private placements often value them at the price they paid because it's hard to establish an accurate price. Equus II , a nifty little closed-end fund, does the same thing. About a third of its assets are in private placements. Although …