I won't post any more of the RCF investments; just wanted to make the point that they rarely seem to end up with less than a controlling postion. Not sure yet what their pattern is in terms of how they exercise that position - leave management in place - change management - their strategy/plan for each company - their success rate.

They're no doubt not in the business of losing money. Just something to keep an eye on I think.

Hope to see all of you at the golf tournament.