BNET Business Dictionary

Business Definition for: Blind Pool

  • a limited partnership in which the investment opportunities the general partner plans to pursue are not specified

Wiktionary Definition for: Blind Pool

  • finance Collective investment (such as a company or syndicate) where the investors have little or no idea what is being done.
  • Ex: 1985: ''A Manhattan-based lawyer who is an expert in "blind pool" stock issues--those with a prospectus that says we don't know what we'll do with your money--notes that one of the better tactics is pinpointing specific groups for the sales pitch.'' — w:Forbes Forbes magazine 05.20.85 http://www.forbes.com/free_forbes/1985/0520/038_2.html

Additional Resources

Powell Goldstein Announces $1 Billion Self Storage REIT
To: NATIONAL EDITORS Contact: Erin Meszaros of Powell Goldstein LLP, +1-404-572-6613, emeszaros@pogolaw.com ATLANTA, March 20 /PRNewswire/ -- Powell Goldstein LLP announces that the Form S-11 Registration Statement of its client, Strategic Storage Trust, Inc. Strategic Storage, was declared effective by the SEC on March 17, 2008. Strategic Storage is...
Tags: FINANCE, Goldstein, Investment, REIT, SEC
Research articles 2008-03-20
Rescuing a sunken treasure hunter. (William Scatchard III is new president of Seahawk Deep Ocean Technology)(People & Changes)
He don't know much about history. He don't know much archaeology. But he does know one and one is two, and that's why William Scatchard III is the new president of Seahawk Deep Ocean Technology. "I've been developed in the corporate...
Tags: FINANCE, MARKETING, president, SEC
Research articles 1991-10-01
Local coffee firm mergers; several directors resign
Local coffee firm merges; several directors resign Although a former shareholder's criminal conviction jeopardized earlier plans to take a local coffee company public, minority shareholders and founders of America's Coffee Cup Inc. in San Diego have completed a merger with a blind pool, according to a Securities and Exchange...
Tags: America, Colorado, Cup, FINANCE, Investment, merger, SEC, shareholder
Research articles 1989-07-17
Solve the Succession Crisis by Growing Inside-Outside Leaders
The Idea in Brief Should companies needing a new CEO pick someone from inside or outside? Insiders know the firm and its people, but they're often blind to the need for radical change. Outsiders see the need...
Tags: Career, Management, Corporate Law, Business Operations, Professional Development, Networking, Corporate Governance, Personal Networking, CEO, Procter & Gamble Co., Board, Network, leadership, Harvard Business Review, In Brief, succession, Joseph L. Bower
Articles 2007-11-07
Who's Your City: How Creative Class Cities Will Beat the Recession
In this interview with BNET, Richard Florida explains why his latest book "Who's Your City?" matters to workers during a recession and how a business's location affects not only the talent pool, but also its ability to innovate. ...
Tags: Recession, Hillary Clinton, Economic Conditions, Urban Communities, Knowledge Worker, City, Creative Class, Books, Richard Florida, Paul Kaihla, Who's Your City?: How the Creative Economy Is Making Where to Live the Most Important Decision of Your Life, Business Operations, Outsourcing & Subcontracting, It Operations, Human Resources, Workforce Management, Outsourcing, Obama, NorCal, Florida, Politics, BNET Feature, Barack Obama, John McCain
Articles 2008-03-20
Soroms receive Spirit of A.Z. Wells Award.(KEEPING UP WITH PEOPLE)
Their home town was named Lanesboro, not Lake Woebegone, but everything else about Terry and Suzanne Sorom's Minnesota childhoods sounds like a skit fight out of Garrison Keillor's Prairie Home Companion. Instead of the Chatterbox Care. Laneboro's bachelor farmers drank their coffee at...
Tags: CAREER, FINANCE, HEALTHCARE, hospital, president, University of Oregon
Research articles 2007-08-01
Ad Industry Roundup: Display's Death?; Glam Japan; Collective Media; 24/7 Real Media
—Whither display?: The woes of online publishers and ad firms that rely on banner ads and the like have been adding up all year, but the economic crisis could push the format over the cliff. Some media execs see salvation though by promoting old fashioned "reach and frequency" as...
Tags: Advertisement, Network, Media, 24/7 Real Media Inc., Advertising, David Kaplan, comScore Inc.
External links 2008-11-25
Why Managers Should Embrace March Madness
I am so sick of hearing about how March Madness causes the wheels to fall off the American workplace. Last year, outplacement firm Challenger, Gray & Christmas estimated that "watching" the NCAA men's basketball tournament at work -- whether that meant checking scores online, taking long lunches...
Tags: Theory, Worker, CC Holland
Blog posts 2009-03-23
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