EX-99.5 7 octex995.txt LONG-TERM INVESTMENT MATRIX EXHIBIT 99.5
FRIEDMAN, BILLINGS, RAMSEY GROUP, INC. LONG-TERM INVESTMENT MATRIX (1) AS OF SEPTEMBER 30, 2001 (DOLLARS IN THOUSANDS) The following chart shows the allocation of Friedman, Billings, Ramsey Group, Inc.'s long-term investments, as stated on the September 30, 2001 balance sheet, by sector and by managed fund and also shows the allocation of long-term investments in publicly traded and private securities. Managed funds are categorized by the value of the majority of their investments. In addition, from time to time, FBR Group implements risk management strategies, the value of which may not be included in the balance sheet line for long-term investments. PUBLIC PRIVATE TOTAL FINANCIAL ------------- -------------- -------------- FBR Ashton, Limited Partnership $ 16,547 $ - $ 16,547 15.2% FBR Private Equity Fund, LP 301 1,734 2,035 1.9% FBR Future Financial Fund, LP - 721 721 0.6% FBR Financial Services Partners, LP 233 1,406 1,639 1.5% Direct investment 2,514 1,099 3,613 3.3% ------------- -------------- -------------- ---------- 19,595 4,960 24,555 22.5% REAL ESTATE/MORTGAGE FBR Asset Investment Corporation 30,740 2,103 32,843 30.2% Direct investment 5,517 243 5,760 5.3% ------------- -------------- -------------- ---------- 36,257 2,346 38,603 35.5% ------------- -------------- -------------- ---------- Subtotal 55,852 7,306 63,158 58.0% ------------- -------------- -------------- ---------- TECHNOLOGY FBR Technology Venture Partners, LP (2) 456 2,369 2,825 2.6% FBR Technology Venture Partners II 534 2,759 3,293 3.0% FBR CoMotion Venture Capital I, LP (3) - 1,813 1,813 1.7% Capital Crossover Partners 3,000 - 3,000 2.8% DDL and related direct investments - 5,972 5,972 5.5% Direct investment 104 - 104 0.1% ------------- -------------- -------------- ---------- 4,094 12,913 17,007 15.7% ------------- -------------- -------------- ---------- DEBT ------------- -------------- -------------- ---------- Direct investment (4) - 7,500 7,500 6.9% ------------- -------------- -------------- ---------- OTHER Braddock Partners, LP 4,920 - 4,920 4.5% FBR Arbitrage, LLC 11,044 - 11,044 10.1% FBR Weston, Limited Partnership 1,552 147 1,699 1.6% Third-party partnerships - 1,442 1,442 1.3% Other 762 1,281 2,043 1.9% ------------- -------------- -------------- ---------- 18,278 2,870 21,148 19.4% ------------- -------------- -------------- ---------- ------------- -------------- -------------- ---------- TOTALS $ 78,224 $ 30,589 $ 108,813 100.0% ============= ============== ============== ========== (1) Excludes trading securities inventory. (2) Amount is net of accrued Fund Manager Compensation expense ("FMC") of $280. Asset value before before FMC as of September 30, 2001 was $3,105. (3) Amount is net of loans of $1,369 made by FBR Group to FBR CoMotion Venture Capital I, LP. (4) Represents private debt of one issuer with a face amount of $7,500.