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The new plan proposes that the vast majority of its assets be held in America.
For the moment, the seed capital that the firm used to start the fund still makes up the majority of its assets.
But European regulators demanded that Universal sell about a third of EMI's holdings, including the majority of its assets in Europe and the worldwide rights to release music by some of the label's biggest acts, including Coldplay.
Enron's headquarters is in Houston, its top executives are all there, as are the vast majority of its assets–and its name is even on the ballpark.
USAA has some decent stock funds, but its strength is in bonds — still a majority of its assets — where a small edge in expense ratios easily translates into an observable performance advantage.
In a highly unusual transaction, Zivity, a venture funded adult content startup, has spun off the majority of its assets, employees and venture funding into a new company called Top Fans.
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Zeta Interactive Corporation, New York, sold the majority of its interactive assets to the Caivis Corporation and PM Digital, part of Paradysz.
Mr. Skilling, who led the effort to transform Enron away from its hard assets to focus on trading, hoped to package a majority of its non-European assets and sell them to a group of investors for $6 billion to $8 billion in cash, the former executives said.
Hollinger International, which sold the majority of its Canadian newspaper assets last year, said today that it had sold most of the rest for 220 million Canadian dollars ($144 million).
The surrounding turmoil has triggered staggering investor redemptions of more than $170 billion across all of Pimco's bond and stock funds in the 12 months that ended March 30, according to Chicago research firm Morningstar Inc. Pimco is known mainly for expertise in bonds, which make up the overwhelming majority of its $1.59 trillion in assets under management.
Ashley's main company is Mash Holdings Ltd, which holds the vast majority of his assets.
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Justyna Jupowicz-Kozak
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