Tycon Creek State

There’s often not all that much to do on a Saturday afternoon for the more conservative college student.  It is pretty typical for most students to be sleeping off their Friday night hangovers.  But if you just want a bit of quiet time, and want to enjoy the leisure time you have in a city that is perhaps far from home, your best bet might be a nature trail.  Especially if you are in a place as glorious as Portland, Oregon.  It doesn’t take long to get to the state park, that is just minutes from downtown Portland.  There you can enjoy a wonderful hike (in pretty much all weathers; even in the rain), check out the park’s many nature trails nestled between Boones Ferry Road and Terwilliger Boulevard, southwest of Portland or get your workout done by cycling around.  You will be privy to trilliums and all sorts of beautiful things and if you’re  not in the mood for exerting yourself then you can just take a seat and listen to the birds and squirrels talk about their day.  It’s an incredibly peaceful place to be and a wonderful experience no matter what you’re seeking.

United Malt Makes Pretty Profit for Castle Harlan

Castle Harlan Logo
Castle Harlan Logo

With their sale of United Malt Holdings for $655 million, Castle Harlan was able to realize a respectable profit, approximately 4 and a half times the money invested.

Castle Harlan and Champ Private Equity, an Australian affiliate company with Castle Harlan, sold the portfolio company, the world’s fourth largest producer of malt, to GrainCorp of Australia.

In 2006 the partners invested in total $90.54 million in equity in United Malt, which was purchased at the time from Conagra Foods and Tiger Brands. Castle Harlan supplied 55 percent of the investment, while Champ supplied the remaining percentage.

The internal rate of return was about 80 percent, but it would be incorrect to believe that the deal was risk free. Earlier tries to see United Malt ended unsuccessfully, according to BusinessWeek.