Mar 13, 2017

Both Jefferson Lilly and Brad Johnson seem to be smart and conservative operators focussing on picking the right parks, driving operational efficiencies and improving park valuations. Their fee and overheard costs are lower. I invested in fund II. It is still in park acquisiton mode, so I can’t comment much on the actual performance. Based on my experience so far, Investor communications and reporting need significant improvement! Hopefully it will get better as they hire people and build stronger organization structure..