Yearly Archives: 2003

2003 October Letter

We are modifying the name of our firm to Parthenon LLC. We are doing this in order to avoid any potential confusion with a private equity investment firm in Boston that was formed at nearly the same time that we formed Parthenon. Coincidentally, the name of their firm is Parthenon Capital. Although their client base…

2003 August Letter

To Our Clients and Friends of Parthenon Capital Management The stock market rallied sharply in the second quarter and most broad indices finished the first half of the year up over 10%, providing investors with a welcome respite after three years of relentless declines. The S&P 500 rose 11.78%, including dividends, for the first six…