... Conclusion..............................................................................................4 5.0 References.............................................................................................5 Appendix A 1.0 Introduction Entrepreneurs Mal Spooner, Raymond Steele and William Shaw are the proprietors of Mavrix Fund Management Inc., an asset management company. The three partners started the company when their previous employer, YMG Management, sold off its mutual division in order to focus on its institutional business. They purchased the division and the right to manage its' approximately $50 million worth of assets (Barry Critchley, 2004). Mavrix has grown to almost $480 million of assets under their management in just three short years. This young and successful company has recently announced its decision to go public on Monday, April 19th, 2004. Constance Bagley and Craig Dauchy (1998), stated two reasons why companies decide to go public (1) the company has reached the point at which the initial investors have invested the total amount of capital that they are willing to provide and are focused on liquidity and ...

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