"Glowing Press Being Heaped Upon" Tim Collins '78, Bloomberg Says

June 9, 2004

June 9, 2004, Greencastle, Ind. - "Anyone who calls the bottom of Japan's 14-year malaise and invests accordingly, it's often said, will be a wealthy, wealthy person. Timothy Collins may have done it," begins a Bloomberg News Service story on the 1978 DePauw graduate. "Or at least that's what much of the world's media are saying about the 47-year-old who runs Ripplewood Holdings LLC. The New York-based fund seems to be making more money from Japan's revival than just about anyone."

The story continues, "Last week, for example, it reaped a fourfold return in its one-year investment in Japan Telecom. That's on top of an even bigger payday in February. Ripplewood's four-year investment in the failed Long-Term Credit Bank of Japan culminated in one of the most anticipated floats in Japan in years. The renamed entity, Shinsei Bank, sold ¥250 billion ($A3.2 billion) of shares, more than double what a group led by Ripplewood paid in 2000. That Ripplewood's success is raising eyebrows anew and spawning copycats among private equity players is good news for Japan's economy."

Read the complete article, which notes the "glowing press being heaped upon Collins", by clicking here.

Access a May 27 Forbes article here. Tim Collins was named to SmartMoney magazine's "Power 30" (read more here) and was profiled in Fortune magazine last summer (read more here).

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