WEEKLY THOUGHTS

Here is something that caught our eye this week: What We Learned About Capital Allocation at the Canucks Game We recently decided to pay down a large chunk of debt at one of our portfolio companies ahead of its scheduled amortization.  The company in question had a fantastic 2017 and generated significant excess free cash, which put us in the welcome position of having to determine the most prudent allocation of that capital.  Our options in this regard were relatively straightforward: we could (a) reinvest in our existing companies via capital expenditures or small tack-on acquisitions, (b) acquire other stand-alone