ValueSearch Capital Management - Past Memos to Partners

Past Memos to Partners -- Summary

This section contains a collection of the Past Memos from the General Partner to the limited partners. Unlike the regular Reports and occasional Commentaries (which address the returns achieved by the partnerships, its Investment Framework, and political and economic events affecting the investments of the partnerships), the Memos address administrative, service, legal, and tax issues of running the partnerships as they affect the limited partners and their expectations of the General Partner.

These Past Memos may have been edited for posting on this website using the approach and principles already described in the Summary of Past Reports and Commentaries to Partners. Please review that Summary before you begin reading these Past Memos.

Access to the Past Memos is available only to Observers and Partners.

Rules of the road -- dealing with the General Partner Please Click here to see the document.

Contributions In-kind Please Click here to see the document.

Reports Needed for Tax Returns Please Click here to see the document.

Initial Capital Contribution Below the Required Minimum Please Click here to see the document.

Tax deferred accounts -- how are they being set-up Please Click here to see the document.