Frontier Communications 2014 Annual Report Download - page 104

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The following table provides further information regarding the redemption of the Plan’s Level 3
investments as of December 31, 2014:
($ in thousands)
Fair
Value
Redemption
Frequency
Redemption
Notice Period
Liquidation
Period
Interest in Limited Partnerships and
Limited Liability Corporations
Morgan Stanley Institutional
Cayman Fund LP(b) . . . . . . . . . . . . . . $ 306 Quarterly 60 days NA
MS IFHF SVP LP Cayman(b). . . . . . . . 2,010
Through liquidation of
underlying investments None 2 years
MS IFHF SVP LP Alpha(b) . . . . . . . . . . 1,091
Through liquidation of
underlying investments None 2 years
RII World Timberfund, LLC(c). . . . . . . . 6,056
Through liquidation of
underlying investments None 10 years
100 Comm Drive, LLC(d) . . . . . . . . . . . . 8,689
Through liquidation of
underlying investments None NA
100 CTE Drive, LLC(d) . . . . . . . . . . . . . . 6,942
Through liquidation of
underlying investments None NA
6430 Oakbrook Parkway, LLC(d). . . . . 24,953
Through liquidation of
underlying investments None NA
8001 West Jefferson, LLC(d) . . . . . . . . 29,553
Through liquidation of
underlying investments None NA
1500 MacCorkle Ave SE, LLC(d) . . . . 16,219
Through liquidation of
underlying investments None NA
400 S. Pike Road West, LLC(d) . . . . . 1,093
Through liquidation of
underlying investments None NA
601 N US 131, LLC(d) . . . . . . . . . . . . . . 1,062
Through liquidation of
underlying investments None NA
9260 E. Stockton Blvd., LLC(d) . . . . . . 5,222
Through liquidation of
underlying investments None NA
Total Interest in Limited Partnerships
and Limited Liability Corporations . . . $103,196
(a) The fund’s investment objective is to generate long-term capital appreciation with relatively low
volatility and a low correlation with traditional equity and fixed-income markets. The fund seeks to
accomplish this objective by allocating its assets primarily among a select group of experienced
portfolio managers that invest in a variety of markets, either through the medium of investment
funds or through discretionary managed accounts.
(b) The partnerships’ investment objective is to seek capital appreciation principally through investing in
investment funds managed by third party investment managers who employ a variety of alternative
investment strategies.
(c) The fund’s objective is to realize substantial long-term capital appreciation by investing in timberland
properties primarily in South America, New Zealand and Australia.
(d) The entity invests in commercial real estate properties that are leased to the Company. The leases
are triple net, whereby the Company is responsible for all expenses, including but not limited to,
insurance, repairs and maintenance and payment of property taxes.
F-43
FRONTIER COMMUNICATIONS CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements