Recent Investments

Mondrian Investment Partners, Ltd., based in London, manages over $30 billion in international equity and fixed income, primarily for US institutional clients. Mondrian's value oriented investment process utilizes a dividend discount analysis that has produced an outstanding one, three, and five year track record. HFCP IV invested $125 million to assist management in buying control of Mondrian (formerly, Delaware International Advisors Limited) from its parent, Lincoln Financial Corporation, in September 2004.

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All investments in HFCP V and HFCP IV are listed. For HFCP III, only investments that are consistent with the Firm's current investment criteria are listed.