There are a number of well-known public limited partnerships where secondary market quotes are available.
Answer--A public limited partnership is registered with the SEC and is offered to the general public through broker/dealers.
Many family limited partnership agreements contain more transfer restrictions than the agreements of the public limited partnerships or REITs against which they are often compared, or they have inferior assets and management performance.
These data represent the 2002 yields seen in public limited partnerships containing commercial properties, as reported by Partnership Profiles.
The company has served as the general partner for 17 public limited partnerships
and four private partnerships and has raised, financed and managed assets of nearly $4 billion serving more than 100,000 investors.
This discount is then subtracted from the indication from comparable public limited partnerships to give the net minority interest (control) discount.
For example, an appraiser could select a few comparable public limited partnerships, observe the discounts, and then try to reconcile the discounts to the subject.
This is typically difficult to bracket, because family limited partnerships are generally smaller than public limited partnerships.
The discount should not be reconciled outside the indicated range, even if provisions in the agreement are obviously more onerous than those typically found in public limited partnerships.
In the course of the last ten years Co-Lead Counsel, Chimicles & Tikellis LLP and Goodkind, Labaton, Rudoff & Sucharow LLP, have been involved in the development of case law regarding the protection of investors in public limited partnerships
In addition to FLI's leasing activities, the Company also manages five public limited partnerships
and a lease finance placement and advisory business.
Kebely has over 15 years' financial management expertise with vice president, treasury and controllership responsibilities for manufacturing, real estate and syndication companies, subsidiaries and public limited partnerships