BlackstoneValleyGroup : Updates

Hello Folks! It has been a crazy 1Q 2014 – I have a brief comment related to taxes but also have some updates on what is happening around the BVG world.

BVG Updates:

1) I recently did a guest piece for Glen Aaron – an expert attorney in offshore matters, business advisor and published author at:

2) Dee (Dr. Deepak Kotak) – Congratulations are in order for Dee and please join me in wishing him all the success in his new role as Executive Vice President of Bio Electronics Corporation. Please see the press release below for the full details:

Go Dee!

3) John Bosley has decided to retire. The good news is that he still will be available when needed but since he wont be around the corner office – we will have to seek him on the biking trails and now rumor has it on the Golf course.

John you can bike/snowboard/golf :) but cant hide – we will find you!

I am very excited by the turn of events and look forward to the continued brilliance and wisdom of Dee and John as they help me navigate the BVG ship.

Ok now – why have I been slacking in posting here – I have been busy with travel and with the focus in the last few weeks been on the tax/accounting periods. In India, the fiscal year end is March 31st; here our tax returns are slated for April 15th (am hoping to move BVG fiscal to June 30th for 2014-15). Why? Then I can report a full year performance for all my Indian investments – instead of pro-rating till Dec 31st and then repeating the process after the March 31st close. MX accounts – that is another blog post. We have not made much inroads into Brazil, primarily because it is our belief that the assets are inflated to their relative value and we haven’t been able to do deeper research to make a decision one way or another.

It is a wrap for now…Watch this space for more as we have recently started discussions to launch our own BIM Equity (Long/Short) fund….