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The firm raised $244 million from 64 investors, including $10 million from Mitt Romney and his wife, Ann, and "hefty commitments from wealthy supporters of the campaign," The Times continues.
The firm blew past its $200 million goal, securing $244 million from 64 investors, including a critical, early $10 million from Mitt Romney and his wife, Ann, and hefty commitments from wealthy supporters of the campaign.
Despite a challenging fund-raising climate for private equity, Solamere, named after a wealthy enclave in Utah's Deer Valley where the Romneys have a winter home … blew past its $200 million goal, securing $244 million from 64 investors, including … hefty commitments from wealthy supporters of the campaign.
By Nathaniel Stein May 2 , 2012Despite a challenging fund-raising climate for private equity, Solamere, named after a wealthy enclave in Utah's Deer Valley where the Romneys have a winter home … blew past its $200 million goal, securing $244 million from 64 investors, including … hefty commitments from wealthy supporters of the campaign.
Today, all of them have already made hefty commitments to reduce their greenhouse gas emissions, in advance of the conference.
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But visiting can require a hefty commitment.
Renting commercial premises for the first time can be a huge step for any business, not least the hefty financial commitment it can bring.
Their expertise, friendly interactions and willingness to serve beyond reasonable expectations creates the sense of luxury and makes the hefty economic commitment worth the expense.
In October Moody's, a ratings agency, downgraded Petrobras, citing the firm's high debt and hefty capital-expenditure commitments.
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