Claims
- 1. A method for implementing a combined investment, the method comprising the steps of:
controlling a collateralizable first investment, said first investment representing ownership interests of a plurality of independent investors; obtaining financing collateralized by said first investment; acquiring a second investment using said financing, said second investment being selected for achieving an income-producing objective; and applying at least a portion of any returns on said second investment to the benefit of said plurality of independent investors.
- 2. The method of claim 1, wherein said first investment comprises a portfolio of securities.
- 3. The method of claim 2, wherein said portfolio comprises a combination of securities selected for achieving an objective of long term growth.
- 4. The method of claim 2, wherein said portfolio comprises a debt obligation insured by a third party guarantor.
- 5. The method of claim 1, whereby each of said plurality of independent investors becomes an owner of a proportionate share of said second investment.
- 6. The method of claim 1, wherein said first investment comprises a portfolio of securities selected to achieve an objective of growth and said second investment comprises a real estate asset, whereby each of said plurality of independent investors becomes an investor in a combined investment of first and second asset classes without the need for additional investment capital.
- 7. The method of claim 1, wherein said second investment comprises a real estate asset.
- 8. The method of claim 1, wherein said financing provides leverage of said first investment in the range of approximately 50% to approximately 100%.
- 9. The method of claim 1, wherein said controlling step comprises the step of:
managing said first investment to provide an enhanced returns to said plurality of independent investors.
- 10. The method of claim 9, further comprising the step of:
managing said second investment cooperatively with said first investment to provide enhanced returns to said plurality of independent investors.
- 11. The method of claim 9, wherein said managing step is performed by an investment firm, and wherein said financing is obtained from said investment firm.
- 12. The method of claim 1, wherein said financing is selected from the group consisting of a line of credit, a self-liquidating loan, a fixed rate loan, a variable rate loan, an interest-only loan, a term loan, a balloon loan, and any combination of one or more thereof.
- 13. The method of claim 1, wherein said applying step comprises the step of:
distributing a portion of any income from said second investment to each of said plurality of independent investors.
- 14. The method of claim 1, wherein said applying step comprises the step of:
utilizing a portion of any income from said second investment to purchase an additional investment in an asset class of said first investment.
- 15. The method of claim 1, wherein said applying step comprises the step of:
utilizing a portion of any income from said second investment to purchase an additional investment in an asset class of said second investment.
- 16. The method of claim 1, wherein said applying step comprises the step of:
holding a portion of any income from said second investment as cash.
- 17. The method of claim 1, wherein said applying step comprises the step of:
paying operating expenses relating to said first investment or said second investment.
- 18. The method of claim 1, wherein said applying step comprises the step of:
reducing a debt obligation resulting from said financing.
- 19. The method of claim 1, wherein said step of controlling said first investment comprises the steps of:
receiving a capital contribution from each of said plurality of independent investors; and aggregating a plurality of said capital contributions to acquire said first investment.
- 20. The method of claim 1, wherein said step of controlling said first investment comprises receiving control over a portion of assets associated with a pension fund.
- 21. The method of claim 1, wherein said step of acquiring said second investment comprises a refinancing of properties owned by at least one of said plurality of independent investors.
- 22. A method for implementing a combined investment, the method comprising the steps of:
receiving a capital contribution from each of a plurality of independent investors; aggregating a plurality of said capital contributions; establishing with said aggregated capital contributions a collateralizable first investment comprising a portfolio of securities, a proportionate share of said first investment being owned by each of said plurality of independent investors; obtaining financing collateralized by said first investment; and acquiring a second investment using said financing, said second investment being selected for achieving an income-producing objective; applying at least a portion of any returns on said second investment to the benefit of said plurality of independent investors; whereby each of said plurality of independent investors becomes an investor in a combined investment of said first and second investments.
- 23. The method of claim 22, wherein said securities comprise equities.
- 24. The method of claim 23, wherein said equities are selected for achieving an objective of long term growth.
- 25. The method of claim 22, wherein said securities comprise a debt obligation insured by a third party guarantor.
- 26. The method of claim 22, wherein said second investment comprises an investment in a real estate asset.
- 27. The method of claim 22, further comprising the step of:
cooperatively managing said first and second investments by cross-utilizing at least a portion of any returns thereon for the objective of providing enhanced returns to said plurality of independent investors.
- 28. The method of claim 27, wherein said managing step is performed by an investment firm, and wherein said financing is obtained from said investment firm.
- 29. The method of claim 22, further comprising the step of:
issuing a number of ownership shares to each of said plurality of individual investors to reflect an ownership interest in said combined investment.
- 30. A method for implementing a combined investment, the method comprising the steps of:
managing a fund holding a collateralizable first investment comprising a portfolio of securities selected for achieving a growth objective, a proportionate share of said fund being owned by each of a plurality of independent investors; obtaining financing collateralized by said first investment; and acquiring a second investment using said financing, said second investment being selected to achieve an income-producing objective; applying at least a portion of any returns on said second investment to the benefit of said plurality of independent investors; whereby each of said plurality of independent investors becomes an investor in a combined investment of said first and second investments.
- 31. The method of claim 30, further comprising the step of:
cooperatively managing said first and second investments by cross-utilizing at least a portion of any returns thereon for the objective of providing enhanced returns to said plurality of independent investors.
- 32. A method for implementing a combined investment, the method comprising the steps of:
collateralizing a collateralizable first investment of a first asset class, said first investment being held by an investment vehicle to obtain financing, a proportionate share of said investment vehicle being owned by each of a plurality of independent investors, at least a portion of any returns on said first investment being applied to the benefit of said plurality of independent investors; using said financing to acquire a second investment of a second asset class; applying at least a portion of any returns on said second investment to the benefit of said plurality of independent investors.
- 33. The method of claim 32, wherein said second investment is held by said investment vehicle.
- 34. The method of claim 32, wherein said first investment comprises a portfolio of securities configured to achieve an objective of long term growth and wherein said second investment comprises income-producing real estate.
- 35. The method of claim 32, further comprising the step of:
cooperatively managing said first and second investments by cross-utilizing at least a portion of any returns thereon for the objective of providing enhanced returns to said plurality of independent investors.
- 36. A data processing system for implementing a combined asset class investment, the data processing system comprising:
a microprocessor; a memory operatively connected to said microprocessor; first instructions stored in the memory and executable by the microprocessor for tracking any returns received from a first investment representing ownership interests of a plurality of independent investors; second instructions stored in the memory and executable by the microprocessor for tracking any returns received from a second investment acquired with financing collateralized by said first investment; and third instructions stored in the memory and executable by the microprocessor for monitoring financial market conditions and providing alerts when a prescribed threshold is met.
- 37. The data processing system of claim 36, wherein said third instructions are configured to provide alerts for cross-utilizing at least a portion of any returns of the first and second investments for the objective of providing enhanced returns to the plurality of independent investors.
- 38. The data processing system of claim 36, further comprising:
fourth instructions stored in the memory and executable by the microprocessor for determining each investor's proportionate share of returns received from said second investment as a function of each investor's respective capital contribution for said first investment.
- 39. The data processing system of claim 36, further comprising:
fourth instructions stored in the memory and executable by the microprocessor for tracking debt against the first investment resulting from acquisition of the second investment.
- 40. The data processing system of claim 39, further comprising:
fifth instructions stored in the memory and executable by the microprocessor for calculating an aggregate amount of proportionate shares of income distributed to each of said investors.
- 41. The data processing system of claim 40, further comprising:
sixth instructions stored in the memory and executable by the microprocessor for calculating a ratio of the aggregate amount of proportionate shares of income distributed to each investor relative to the respective investor's capital contribution.
- 42. The data processing system of claim 41, further comprising:
seventh instructions stored in the memory and executable by the microprocessor for calculating a ratio of the combined return to the investor on the first and second investments relative to the respective investor's capital contribution.
RELATED APPLICATIONS
[0001] This application is related to and claims the benefit of U.S. Provisional Patent Application No. 60/223,193, filed Aug. 4, 2000, and U.S. Provisional Patent Application No. 60/263,905, filed Jan. 24, 2001. The entire disclosures of U.S. Provisional Patent Application Nos. 60/223,193 and 60/263,905 are hereby incorporated herein by reference.
Provisional Applications (2)
|
Number |
Date |
Country |
|
60223193 |
Aug 2000 |
US |
|
60263905 |
Jan 2001 |
US |