5/5/16


Mammoth Energy Partners LP, an MLP formed to provide drilling, production and completion services for oil and gas E&Ps, withdrew its plans for an initial public offering on Thursday. It originally filed in September 2014 with a proposed deal size of $100 million, and last updated its filing in October 2014. The Oklahoma City, OK-based company was formed in 2014 by Wexford Capital and Gulfport Energy (Nasdaq: GPOR). It booked $175 million in sales for the 12 months ended June 30, 2014 and had planned to list on the Nasdaq unde...more


Keywords: TUSK, GPOR

5/3/16


Viamet Pharmaceuticals Holdings, a biotech developing metal-binding protein therapeutics to treat fungal diseases, announced terms for its IPO on Tuesday. The Durham, NC-based company plans to raise $86 million by offering 5.7 million shares at a price range of $14 to $16. Insiders intend to purchase $40 million worth of shares in the offering. At the midpoint of the proposed range, Viamet Pharmaceuticals Holdings would command a fully diluted market value of $389 million. Viamet Pharmaceuticals Holdings was founded in 2004. It plans...more


Keywords: VMET

5/2/16


PhaseRx, a preclinical biotech developing treatments for inherited enzyme deficiencies in the liver, announced terms for its IPO on Monday. The Seattle, WA-based company plans to raise $22 million by offering 3.7 million shares at a price range of $5 to $7. Insiders intend to purchase $9 million worth of shares in the offering. At the midpoint of the proposed range, PhaseRx would command a fully diluted market value of $72 million. PhaseRx was founded in 2006. It plans to list on the Nasdaq under the symbol [PZRX]. Laidlaw & Comp...more


Keywords: PZRX

5/2/16


Cotiviti Holdings, which audits medical claims for the US government and other healthcare organizations, filed on Friday with the SEC to raise up to $500 million in an initial public offering. Cotiviti is backed by Advent International and Goldman Sachs (NYSE: GS). The Wilton, CT-based company was founded in 1979 and booked $541 million in sales for the 12 months ended December 31, 2015. It plans to list on the NYSE under the symbol [COTV]. Cotiviti filed confidentially on December 9, 2015. Goldman Sachs and J.P. Morgan are the j...more


Keywords: COTV, GS

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Performance Disclosure: Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Investors should consider the investment objectives, risks, charges and expenses carefully before investing.

As stated in the Prospectus, the total annual operating expenses for the Fund was 3.48%. The Adviser has contractually agreed to keep net expenses from exceeding 2.50% of the Fund's average daily net assets for at least a year from the date of the Prospectus and for an indefinite period thereafter subject to annual re-approval of the agreement by the Board of Trustees.

An investor cannot invest directly in an index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

Definitions: Net Asset Value (NAV) of the fund is calculated by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of fund shares outstanding. Market Price is current value at which an asset or service can be bought or sold. Premium/Discount is provided to show the comparison of the daily net asset value (NAV) and the midpoint of the closing bid/ask for each of the funds. The Renaissance IPO Index® (IPOUSA) is a stock market index based upon a portfolio of U.S.-listed newly public companies that includes securities prior to their inclusion in core U.S. equity portfolios. The Renaissance International IPO Index® (IPOXUS) is a stock market index based upon a portfolio of newly public companies listed on non-U.S. exchanges. The S&P 500® Index (SPX) is a stock market index based on the market capitalizations of 500 large companies whose common stock is publicly traded on the NYSE.

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Definitions: The Renaissance IPO Index® is a stock market index based upon a portfolio of U.S.-listed newly public companies that includes securities prior to their inclusion in core U.S. equity portfolios. The S&P 500® Index is a stock market index based on the market capitalizations of 500 large companies whose common stock is publicly traded on the NYSE.

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