Media Room


Media Room

Howard Kahn is Keynote Speaker at The George Washington University STAR EMBA Dinner at The Four Seasons Hotel, Georgetown, Washington, D.C.

image Howard Kahn addresses STAR EMBA Students at The George Washington University on Private Equity Investments in Sports.

The STAR EMBA™ at The George Washington University School of Business is a fully-accredited specialized Executive MBA program for individuals with strong personal brands such as professional athletes, artists, and musicians. With a focus on success, leadership and social responsibility, the program's small classes and highly-targeted curriculum are designed to teach accomplished individuals how to leverage their current career success into business and social achievement. Courses are customized around each individual's time commitments, allowing students to obtain a degree and develop positive business opportunities while still active in their current careers.



Howard Kahn participates in Inaugural Shark Tank at SINC Conference at The George Washington University, Washington, D.C. sponsored by Bloomberg Sports, February 2013

image The Sports Industry Networking and Career (SINC) Conference was held February 8-9, 2013 at The George Washington University in Washington, DC. It is the leading sports career conference, which has continued to host the biggest names in sports business.

Attendees were given unprecedented access to sports business executives, who participate as keynotes, panelists, take part in roundtable networking lunches, provide insight on the latest trends in business, as well as advice on entry into the highly competitive industry. "The SINC Conference provided attendees with incredible access to the leaders in the sports business world," said Lisa Delpy Neirotti, SINC Conference Co-Founder and Director of the Sports Management Program at The George Washington University.

Over one hundred executives representing entities such as the NFL, NASCAR, NFLPA, MLB, Octagon, Washington Redskins, Baltimore Ravens, Pepsi, AOL Sports, TNT, ESPN and HBO return to the SINC Conference year after year to share their insights on the growth of the sports business sector with attendees from around the country.



Howard Kahn Chaired UJA Business Leaders Forum Event with Brandon Steiner

A Conversation With Brandon Steiner

Founder of Steiner Sports and Author
image Over 100 executive leaders heard how Brandon Steiner, a sports fanatic child from Brooklyn, New York, grew to become a well-known name among professional athletes and the sports community. The founder of Steiner Sports, he has written two books and often serves as a commentator and interviewee on various television and radio stations. Mr. Steiner also balances his career with his family and by giving back to the community through various charities. The UJA-Federation of New York's Business Leaders Forum provides unique opportunities for Long Island's professional community.



PEHUB

Exclusive: Elite Performer Strikes First Deal In A Year

By Bernard Vaughan, senior editor at Buyouts Magazine
Posted on: August 08, 2012
True Temper Almost a year to the day after its last acquisition, Lincolnshire Management has struck its most recent deal, Buyouts reported yesterday in an exclusive with the firm.

The New York-based shop-considered one of the best performing buyout shops in the business-bought True Temper Sports Inc., a designer and manufacturer of golf club shafts, hockey sticks, lacrosse handles and other sports equipment.

A small merchant bank called Innovative Sports & Entertainment brought the deal to Lincolnshire. The firm's executives were immediately interested, given their experience in the sports and recreation area with past investments in name-brand companies such as tennis racquet maker Prince Sports Inc., Kate Lehman, a managing director with the firm, told Buyouts. Lincolnshire believes it can improve the company by helping it expand its product offering into other sports while strengthening its core golf business.

"It's clearly a market leader, and we like its strengths on the R&D side," Lehman said. Lehman declined to discuss terms of the deal, though she said the capital markets group of Regions Financial Corp., of Birmingham, Ala., is providing senior credit and PNC Mezzanine Capital is providing mezzanine financing for the deal.

Founded in 1986, Lincolnshire invests in companies in a variety of sectors with revenues of around $50 million to $500 million and operating cash flow of $5 million to $50 million.

Lincolnshire is investing out of its fourth fund, which closed in late 2008 with $835 million in commitments and was activated in 2009. That fund represented an almost 50 percent increase from the $433 million the firm raised for its 2005 fund.

Lincolnshire boasts returns that would make many a buyout professional jealous. Each of the firm's first four funds (when including its pledge fund and its first three institutional funds) achieved investment multiples of at least 2x and internal rates of return of least 19 percent and as high as 62.7 percent, in the case of its 1986-vintage pledge fund. Its more recent 2005 fund posted a 2.01x investment multiple and an IRR of 38 percent. Last year, a study by HEC Paris and Dow Jones ranked Lincolnshire as the fifth best-performing private equity firm of the last 10 years.