The unprecedented turmoil in the financial services industry has created unique but complex investment opportunities for private equity investors. This conference will feature presentations by privately held financial services companies and a panel discussion on the future of financial services.
In the first quarter, the capital markets continued to experience many of the same challenges they faced last year: capital raising remains tight, and banking activity, slow. Despite these challenges, we achieved a pre-tax operating profit of $3.5 million on revenues that were 12 percent lower than the first quarter of 2008, but a net loss from continuing operations of $2.7 million or $0.17 per diluted share, for the quarter ended March 31, 2009.


