Thanks for checking those numbers, Chemist, on how much remains to max out each Fund. And for posting the link earlier. For some reason i'm not getting these emailed to my inbox though i've signed up twice with the co.
Good to see "no nasty surprises" and also just how much investment money RCP raised for the Funds in Q3.
Again, we can't annualize that figure because it comes in spurts with each new Fund created. But it looks like RCP may increase its AUM in 2018 by more than the $750 million or so that i speculated about a few months ago. (I think that's roughly the figure i posited.)
Anything that increases AUM obviously increases management fees for RCP and thus revenues for PIOE.
I'd have to spend some time (which i don't have these days) to crunch all the numbers, but i think PIOE is finally on track to post a profitable earnings report for Q4.
Yeah, it's a long wait until the next report --presumably March, but their financial statements are so streamlined now they might even report early.
Btw, nice to see RCP's in-house person doing the CFO role for PIOE, probably for very little salary over what he's already getting paid to do in crunching the numbers for RCP.
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