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FutureStarrAaron Gordon, Zach LaVine, Dwight Howard, and Andre Iguodala Will All Compete in the Final NBA Dunk Contest
When the dunk contest for the NBA season comes to a close it will be interesting to see which players take home the trophy. As it stands there are four players that have been confirmed to compete for the title. These are Zach LaVine, Nate Robinson, Dwight Howard, and Andre Iguodala.
Derrick Jones is a 6 foot 7 inch guard for the Chicago Bulls. He is also a member of the Sioux Falls Skyforce. This player is a former Player of the Week. The Miami Heat tendered a qualifying offer to him.
For his career, Jones has made a total of $23,080,787 playing professional basketball. In addition to his scoring and rebounding, he has won two state championships with Blue Ridge High School. He also earned two awards for the PIAA Triple-A Player of the Year and the Southeastern Pennsylvania Player of the Year.
Jordan Clarkson is another example of a player who has had a major impact on the NBA. During his first three years, he played in 112 regular season games (30 starts) and averaged 5.8 points, 3.2 rebounds and 17.4 minutes. His best statistical stats are his shooting percentages from the floor and from the foul line.
Corey Maggette made his first NBA start in November and finished with a solid stat line. He scored double figures six times and led the team in steals three times.
Jordan McLemore is another player who has been on the court for a fair amount of minutes. While he only scored in double-figures 18 times in his first season at UNLV, he recorded a career-high 26 points with 10 rebounds in the Maui Invitational. He also scored in the 100th game of his career against Milwaukee in March.
Despite his success, Derrick Jones has not played a single game for the Erie BayHawks (2019). However, he was selected with the seventh pick of the 2019 Expansion NBA Development League Draft.
Among his many honors, he was named Southeastern Pennsylvania Player of the Year, the PIAA Triple-A Player of Year and the Virginia State Tournament MVP.
If you're a fan of the NBA, you've probably heard of Zach LaVine. He's the second youngest Slam Dunk Contest winner in NBA history.
Earlier in the season, Zach LaVine made a series of clutch plays in an overtime game against the Washington Wizards. In November, he scored 49 points in a game against the Hornets. On Saturday, he was the winner of the Slam Dunk Contest.
Zach LaVine is a former top-five Pac-12 player who went on to be a high-volume scorer in the NBA. Last season, he averaged 10.1 points, 2.8 rebounds and 3.6 assists.
Zach LaVine is known for his explosive athleticism and highlight-worthy moments. He's also been a valuable sixth man. His teammates have endorsed him for All-Star games, arguing that he's capable of doing something special.
The competition between Aaron Gordon and Zach LaVine was one of the most memorable dunk contests in recent memory. Gordon got two of the best dunks on the night. One of them came from a two-handed reverse.
In addition, he had the first five consecutive perfect scores. It's difficult to think of a better performance than that.
There are some who believe Gordon was robbed of the best slam dunk of all time. But he remains a fan of the event.
He said it was the most magical contest in his lifetime. Even his father watched it when he was young.
For a runner-up, Gordon's dunk was the real deal. He jumped over a 7-foot dude.
It's true that the dunk was a bit of a gimmick, but it was a good one. Gordon made it look easy. He slammed the ball between his legs, contorted in the air, and then flipped it over.
The NBA All-Star Saturday Slam Dunk Contest was held in Minneapolis on July 8th, 2008. It was a great competition. Interestingly, Dwight Howard and Aaron Gordon are both participants in this event. This will be their first time competing in the All-Star Saturday Slam Dunk Contest.
The two teams battled for the title of the best head-to-head dunking contest in history. However, Howard and Gordon did not win the championship. They were beaten by Zach LaVine and Chance the Rapper.
Despite his shaky start to the season, Dwight Howard has been a fan favorite this season. His performance in the All-Star Weekend dunk contest has helped clean up his image. He has received a lot of praise for his dunks and a fan vote has helped him win one trophy.
For his dunk, Howard wore a Superman outfit. He also used a Kobe Bryant signed basketball. That dunk became a household name.
The next time Howard will compete in the dunk contest will be in 2020. He is expected to be the oldest participant in history at age 34.
In the NBA, there are several superstars who rarely participate in the dunk contest. There are two reasons for this. First, the NBA centers do not need to be overly skilled to reach the rim. Second, the superstars often have garbage time minutes.
If you are a fan of basketball, you know how much hype there is for the Slam Dunk contest. The NBA has struggled to get superstars to dunk. But that is changing. At the NBA All-Star Weekend in Chicago, the NBA is introducing the AT&T Slam Dunk, which will feature the NBA's top superstars.
Nate Robinson is only the third person to win the NBA Slam Dunk Contest three times. He won the trophy in both 2009 and 2010. Before his dunk contest debut in 2006, Nate had played 10 seasons in the league.
The dunk contest has been an All-Star Weekend event for decades, but it was a little overshadowed in the years that followed. This year, the dunk contest is back and will be held on the final day of All-Star weekend in Chicago.
There are several people who have won the dunk contest, but there are also many who have lost. In fact, only five players have ever won more than one dunk contest in their career. One of those players is Dwight Howard.
Nate Robinson was a very explosive jumper, but he also had a knack for showboating. When he won his first All-Star dunk contest, he dressed up as Krypto-Nate, a portmanteau of "Nate" and "Kryptonite".
Nate's dunks were impressive. His first dunk was a perfect 50, and his second was a double pump reverse dunk.
Nate won the dunk contest in 2010 in Dallas, Texas, but he didn't have the best dunk of the year. His dunk was the first time the NBA had allowed a player to jump over an upright human.
Nate also won the costume contest, and he also took home the MVP award. Despite his successes, his dunk contest career was cut short by kidney failure.
Since the introduction of the dunk contest in 2007, the NBA has changed the rules. Now, only two dunk attempts are allowed after two minutes have passed. A player must score a perfect score before receiving the next attempt.
All-Star Saturday Night is back again, featuring the Slam Dunk Contest, 3-Point Contest, and Skills Challenge. NBC, TNT, and ESPN will broadcast the event live. The contest will be held at Smoothie King Center in New Orleans.
Aaron Gordon of the Orlando Magic will be competing in the NBA Slam Dunk contest. This will be his first appearance in the contest since 2017, when he lost in a dunk-off to Zach LaVine. He is also injured.
Gordon has scored at least 20 points in six games this season. In addition, he is averaging 5.7 rebounds and 7.7 points per game. His career-best numbers include three straight perfect scores of 50.
After losing to Zach LaVine in 2016, Gordon is looking to win the dunk-off again. But he's not the only player who needs to win to put himself in the history books. Another player, DeMar DeRozan, should have advanced, but he was unable to.
Meanwhile, a player who has not competed in the contest in eleven years, Dwight Howard, returns. And another player who has not competed in the contest since 2010, Miles Bridges, will be representing the New Orleans Hornets.
Other players who will be competing include Glenn Robinson III, Derrick Jones Jr., and Josh Smith. Each of these players has a chance to become the first player from outside of the U.S. and the NBA to win the Slam Dunk Contest.
There's no doubt that this year's contest will be one of the best. It will surely be remembered as a milestone in NBA history. That's why a lot of people are anticipating it.
Gordon has two chances to win this year's dunk-off. First, he will need to beat his teammate, Zach LaVine. If he can do that, he'll earn the title of "NBA Slam Dunk Champion" for the second time in his career.
If you're looking for an unforgettable night out, you'll want to check out the Dolly Parton Stampede Dinner Show. This event is known for its lively and friendly atmosphere, and you can see it in action for a low price.
Dolly Parton's Stampede is a fantastic family event to enjoy during your vacation to Pigeon Forge, Tennessee. The show includes a four-course meal and amazing special effects, and it's a great way to spend a day with the whole family.
Dolly Parton's Stampede also features a fun kids' event. In the 12th annual Whoadeo, children are invited to participate in carnivals, games and entertainment. They can get their hands on candy and ice cream. Also, there's a stick horse competition.
If you're planning on going to the 12th annual Whoadeo at Dolly Parton's Stampede, you can choose from several ticket options. There are discounts for children ages three to eleven. You can also buy tickets that include admission to Dollywood theme park.
During the show, you can watch dozens of talented trick riders and horses perform daring maneuvers. Plus, there are live music and country talent. A variety of menu options are also available, including gluten-free and vegan options.
Children under three are admitted for free, as long as they're in their parent's lap. However, they must eat from their parent's plate.
While you're waiting for the show to start, you can also check out the open-air stables and horse walk. You'll be amazed at the beauty of the animals up close. You may even see some ostriches or buffalo.
After the show, you can head to the buffet. You'll find some home-made biscuits and flaky apple pastries. Or you can opt for a sweet tea or soda. And if you're not hungry, you can always visit the gift shop, where you can pick up some souvenirs.
Dolly Parton's Stampede provides one of the most thrilling experiences you'll find in the area. You can even say good luck to the horses. With incredible set pieces and a friendly North and South competition, you're sure to have a great time.
The Smoky Mountain Festival also offers other fun events. You'll also be able to enjoy costume contests and Law Enforcement. Throughout the festival, you'll be able to meet mascots from area attractions. All of these events are a great way to spend your vacation.
If you're planning a trip to the Smoky Mountains this winter, you might be interested in visiting Dolly Parton's Stampede Dinner Show. This popular show features spectacular live entertainment and a mouth-watering meal. It's a perfect family experience that everyone can enjoy.
Guests enjoy a delicious four-course meal as part of their ticket price. They'll be able to choose from a variety of options, including rotisserie chicken, hickory-smoked barbecued pork loin, and a fresh, home-cooked dessert. There are also options for dietary restrictions.
Guests can enjoy a pre-show with a trio of entertainers. Then they'll enjoy a show with 32 horses and professional riders. These performers perform incredible stunts while riding on horseback. In addition, there are plenty of other exciting attractions to check out.
During the holiday season, Dolly Parton's Stampede turns into a winter wonderland for an annual Christmas show. The production includes sparkling lights, classic Christmas music, and a live nativity scene.
Dolly Parton's Stampede is a great family adventure. You'll love the live show, but you'll be happy to know that this dinner theater is open to groups of all sizes. Whether you're a group of friends looking to make a memorable trip or a group of grandparents hoping to give your children a memorable gift, Dolly Parton's Stampede will make a great choice.
The Dolly Parton Stampede has been a popular attraction in the area for over 25 years. During this time, the show has grown in size and popularity. Today, the Stampede is one of Branson's most popular attractions. During the summer, there are five shows a day. And from late October through mid-December, you'll be able to enjoy a special holiday production.
The Stampede Dinner Show is a high-spirited adventure. Guests will be able to enjoy the beautiful scenery, breathtaking shows, and friendly competition. Everyone will be able to participate in non-stop activities.
Located in Branson, Missouri, Dolly Parton's Stampede offers a truly memorable experience. From the scenic backdrop to the talented performers and the incredibly high-quality horses, this dinner show is sure to leave you smiling.
The Dolly Parton's Stampede Arena is a large and impressive venue, offering seating for up to 11,000 guests. The arena is equipped with a state-of-the-art sound and lighting system, as well as ample space for stunts.
The Dolly Parton Stampede Dinner Show in Pigeon Forge is a fun-filled, family-friendly experience. You can enjoy Southern treats and delicious food while listening to music and enjoying a show featuring horse-riding stunts, trick riders, and comedy.
The Dolly Parton Dinner Show in Pigeon Forge is one of the top-rated dinner shows in the country. This show has been a favorite since it opened in 1987. It features a four-course meal and impressive special effects.
In addition to the dinner, you can also enjoy a live nativity scene and trick riders. There are also talented singers and dancers who add to the fun.
The Dolly Parton Stampede Dinner Attraction was originally called the Dixie Stampede. But they have recently dropped "Dixie" from their name.
If you are planning a trip to the Smoky Mountains, you should consider checking out the Dolly Parton Dinner Show. Dolly Parton's Stampede is located near Dollywood, a popular theme park in the area. Guests can enjoy rides, crafts, and other activities, while taking in the amazing atmosphere of the mountains.
Tickets to the Dolly Parton Stampede Dinner Show are available for purchase at the ticket office. You can also find special combo deals that offer discounts for AAA, military, and groups of 20 or more.
Children under 3 years old are admitted free, as long as they are in their parents' lap. If you're bringing a group of children, you can find combo tickets that include a discount for each child.
Dolly Parton's Stampede in Pigeon Forge is a must-see attraction for tourists in the area. With its unique blend of family-friendly fun and incredible musical performances, this show is an absolute blast for the entire family.
Whether you're visiting the Smoky Mountains with your spouse, family, or friends, be sure to make a reservation at the Dolly Parton Stampede Dinner Attraction. You'll enjoy an unforgettable night of entertainment!
You'll be impressed with the spectacular music, amazing special effects, and a show full of hilarious comedy. Make your reservation today! Dolly Parton's Stampede Dinner show in Pigeon Forge is a great way to spend a holiday weekend.
The world-famous Dolly Parton's Stampede dinner show is rebranding itself. Its name has changed from Dixie Stampede to Dolly Parton's Stampede. This change is being made to help remove confusion and streamline the brand.
In addition to the name change, the company also plans to make other changes. It will change its logo and website. They have also mentioned plans to open a new location in the Orlando area.
The dinner show has a variety of offerings for its guests. It features live entertainment, bluegrass music, special effects, and more. There is also a variety of southern food available for diners.
The show has locations in Myrtle Beach, South Carolina and Branson, Missouri. Guests can enjoy a four-course family feast including mouth-watering whole rotisserie chicken and herb basted potato. Other options include a delicious, freshly prepared meal and a variety of fun activities, including a western cattle drive of longhorn steer.
The show also features a variety of equestrian performers, such as talented riders and aerial acrobatics. In addition, there is an opportunity to participate in the "North vs. South" rodeo. At the end of the show, there is a patriotic finale. Guests are encouraged to share photos and videos of their experiences with the show on social media.
The name of the show has changed several times. Back when the show first opened, it was known as the Dixie Stampede. However, the company decided to change the name and eliminate the word "Dixie" from the name to remove any unnecessary confusion.
World Choice Investments, LLC, which operates the Dolly Parton's Stampede show, will continue to operate the event under the new name. The company is also expanding into other markets. Currently, the company owns and operates other dinner show attractions.
Despite the rebranding of the show, the audience can still expect a high-quality experience. It has been described as a fun-filled evening of competitive riding, acrobatic tricks, and other entertainment. Guests can also purchase a souvenir at the end of the show.
If you're looking for a great way to spend the night, you should definitely check out Dolly Parton's Stampede. You can also visit the official website to learn more about the show.
If you're interested in how much Dolly Parton owns of Dollywood, you've come to the right place. The singer has been in the entertainment business for a very long time and has made a name for herself. She has also amassed a fortune in the process and has become very rich. In this article, you'll find out how much she has earned, what she uses to fund her work, and why she decided to give away most of her wealth.
Dolly Parton is one of the most successful and popular country music artists of all time. Her music career has spanned over four decades and she has sold more than 100 million albums worldwide. She is also a renowned actress, author, and entrepreneur.
Throughout her life, Parton has invested her fortune in a variety of projects, including The Dollywood Company, which owns and operates the theme park, and Splash Country, a waterpark. In addition, she has invested in television productions, such as the "Dolly!" variety show, and several restaurants.
While she has become a renowned singer, writer, and actress, Parton has maintained a strong commitment to philanthropy. As a result, she has helped fund various charities, including the Imagination Library, which provides free books to children up to age five.
Parton has given back to the community by donating millions of dollars to a number of causes. For example, she helped the victims of the Sevier County wildfire in Tennessee.
She has also supported organizations dedicated to childhood literacy initiatives and natural disaster relief efforts. These charities include the American Eagles Foundation and the American Red Cross.
Dolly has always prioritized giving back to the community. This is reflected in her philanthropic efforts, such as donating $1 million to Vanderbilt University Medical Center and her partnership with the American Red Cross.
As a songwriter, Parton has written songs for many other artists. Some of her best known hits include "There Was Jesus", "Rockin' Years", and "I Will Always Love You".
As a philanthropist, Dolly has donated hundreds of millions of dollars to a number of organizations. She has also given to the Dollywood Foundation, which funds multiple projects to benefit people in need.
Dolly Parton's amusement park career has been filled with accolades. She has won awards, been inducted into several halls of fame, and is an accomplished musician and actress. Her talents were rewarded with several Grammy nominations.
Dolly has been known for her ability to raise money for a cause. Her Dollywood Foundation provides educational resources to children. The foundation also offers scholarships to students. Its efforts have helped decrease the dropout rate in her home community.
Her Imagination Library program has given hundreds of millions of free books to children around the world. In 2006, the program expanded to Canada.
One of the most popular attractions at Dollywood is the 110-ton coal-fired steam train, known as Klondike Katie. Guests can also tour the park's blacksmithing and eagle sanctuaries.
Located in Pigeon Forge, Tennessee, Dollywood is one of the most visited tourist attractions in the state. With over 40 million visitors since opening in 1986, it is among the top five amusement parks in the country.
It has won several awards from Amusement Today. It is known for its friendly staff, cleanliness of the facilities, and great live performances.
Dollywood has a number of attractions that are old and new. A replica of the first wheat mill in Tennessee, and a replica of Dolly's childhood home are two of the most iconic parts of the theme park.
Dollywood hosts several musical events each year. Dolly herself shows up once a month to sing. Other popular entertainment options include the Lumberjack Feud show and the Stampede dinner attraction.
Dolly Parton's amusement park also has a museum dedicated to her work. It is located in the heart of the park.
Dolly Parton's income from royalties is one of her major sources of wealth. She has a huge fortune, and has built it up over the years. With over 100 million records sold, she has a catalog of over 3,000 credits.
Despite her vast financial success, Dolly Parton has remained a passionate and vocal advocate for social justice. Last summer, she held a telethon to raise money for victims of the wildfire in her home county. Her efforts were a great success, with over nine million dollars raised.
In 2017, Dolly Parton earned $37 million. That makes her the sixth-highest-paid woman in the music industry.
The singer-songwriter has invested in a variety of projects, including a theme park, television productions, and film projects. She also donated US$1 million to the Vanderbilt University Medical Center in April 2020.
One of her biggest investments is her theme park, Dollywood. It opened in Tennessee in 1986. Over time, it has grown into a tourist destination that draws three million visitors each year.
In addition to her earnings from the amusement park, Dolly has made quite the fortune from her own songs. Each time a song from her catalog is played, she gets a few cents.
In the early 1990s, she earned $10 million in royalties. Since then, her earnings have increased.
Dolly has a library of over 3,000 song credits, which is worth an estimated $150 million. She receives royalties from every time a song from her catalog is covered in a movie or radio show.
Dolly has had multiple hit songs at the top of the Billboard charts. Among them, her 1973 hit, "I Will Always Love You," spent 14 weeks on the Top 100 list.
Dolly Parton has announced that she will soon own a resort near her theme park, Dollywood. The resort, which is called DreamMore, will be located next to the theme park.
Dollywood's first expansion is in the works and will include a new resort. It's the first of several planned as part of a multi-decade vision to grow the Dollywood complex.
The new Dolly Parton-themed resort is slated to open in 2023. It's located next to Dollywood's DreamMore Resort and Spa and will offer guests a variety of accommodations. Guests can choose from family suites, bunk rooms, and standard rooms. There are also connecting rooms available.
There will be a large pool in Dolly's Lodge, and half of the hotel's suites will feature balconies. This resort will also have a bar and a poolside restaurant, plus a full-service spa.
Dollywood's Splash Country water park is adjacent to the resort. The area has been named among Tripadvisor's top ten trending destinations in the United States.
Dollywood has been expanding since its opening in 1986. In addition to its theme park, the company owns eight restaurants, eight dinner theaters, and a 35-acre water park.
In the coming years, the company plans to add an additional three resorts. Each will have a theme based on a different aspect of Parton's life.
Aside from the resort, the company also owns Cabins in the Smoky Mountains and Pirates Voyage. They have invested over $110 million into the properties.
Dolly Parton has spent a lot of money to make her dream come true. She has written books, been a recording artist, and helped create the Imagination Library program.
Herschend Family Entertainment Corporation is one of the nation's leading themed entertainment companies. Its headquarters are located in Norcross, Georgia. The company owns a number of tourist attractions across the United States. These include Dixie Stampede in Orlando, Florida; Dolly's Splash Country in Pigeon Forge, Tennessee; and the Showboat Branson Belle showboat in Branson, Missouri.
In addition to the many theme parks that the company owns, it also owns an aquarium in Vancouver, Canada. This aquarium is scheduled to open in 2021.
One of the best known of its many assets is the Dollywood theme park in Pigeon Forge, Tennessee. Founded in 1986 by Dolly Parton and her husband Randy McGraw, the amusement park draws over three million visitors a year. During its first season, Dollywood attracted 1.3 million visitors, which was a seventy-five percent increase over Silver Dollar City's attendance.
The Herschend family entered the theme park business when Hugo Herschend purchased a local Branson, Missouri attraction in 1951. They later expanded the park with traditional Ozarks crafts and 1880s-style native artists.
After a series of upgrades, Silver Dollar City became the fourth-ranked theme park in the nation. By the mid-1980s, the corporation had expanded to include four water parks in Oklahoma City and Atlanta.
At one point, the Herschends owned a majority interest in Silver Dollar City. They later partnered with Dolly Parton to rebrand the amusement park and transform it into a top-tier destination.
The company also owns the Dixie Stampede in Myrtle Beach, South Carolina, and the Showboat Branson Belle showboat. There are 24 properties in ten states in which HFE operates.
Herschend Family Entertainment also owns the Talking Rocks Cavern near Branson, Missouri. During the early 1990s, tourism in Branson saw tremendous growth. In 1988, the Herschend family partnered with local leaders to extend the tourism calendar through December.
Dolly Parton is a legendary singer, musician and actress who is one of the most popular performers of all time. Her popularity and fame can be attributed to her songs and performances, which have won her several awards. In addition to her work in the entertainment industry, she has also made significant contributions to various causes, both through her charitable work and her contributions to the arts.
Dolly Parton is an award-winning singer, songwriter, actress and businesswoman. She has accumulated an estimated $350 million fortune.
Dolly's biggest asset is her theme park in Pigeon Forge, Tennessee. The park is one of the top 50 most visited amusement parks in the world. It receives between 2.5 and 3 million guests per year.
Dolly has been a country artist for more than fifty years, and she is credited with writing more than a hundred hits. Her catalog contains over 3,000 song credits, earning her between $6 million and $8 million in royalties each year.
Dolly has also made millions through her own films and concerts. Her 2011 Better Day World Tour grossed tens of millions of dollars, and her 2016 Pure & Simple Tour raked in hundreds of thousands of tickets.
Dolly has also invested millions into the Nashville area, and invested in a Black community in the city. This has helped revitalize the neighborhood.
Dolly's income is primarily derived from her songs, which have sold more than 100 million copies worldwide. She earned over $25 million in the last decade alone.
In a recent interview, Dolly revealed how much she had invested in the black community in Nashville. She said she had used the money to help revitalize the area.
Dolly is an accomplished multi-instrumentalist and an outspoken advocate for social justice. She has donated thousands of dollars to wildfire victims in Tennessee, and has established a My People Fund to help others.
In the early 1990s, Dolly earned $10 million in royalties from the song 'I Will Always Love You.' After her husband Whitney Houston passed away in 2012, earnings from the cover of the 1973 hit increased.
Dolly's music catalogue is worth one-third of her estimated total fortune. She has more than three thousand credits in her catalogue, which makes it important when people want to sample her work.
The singer has appeared on more than two dozen films and television shows. She has a library of over a hundred albums and has had 25 No. 1 hits on Billboard's country chart.
Dolly Parton has been a big advocate for a number of causes. Her Imagination Library program has been giving away free books to children around the world, and she has been helping to support the community and local youth.
Dolly Parton started the Dollywood Foundation in 1988, and the program aimed to improve the lives of children in her hometown. In addition to providing cash grants to families in need, the foundation also promoted education in local schools.
One of the most effective projects of the foundation was the Buddy Program. The program, which incentivized seventh and eighth grade public school students to buddy up, reduced the dropout rate in Sevier County, Tenn. from 30% to 6%.
Another initiative of the foundation was the Chasing Rainbows Award. Every year, the Chasing Rainbows Award honors teachers who have overcome adversity. Edna Rogers is the director of the award.
Dolly Parton has also been an avid supporter of the Susan G. Komen Foundation, as well as other charities. She has given money to cancer research, HIV/AIDS initiatives, and other charitable causes.
As part of her humanitarian efforts, Dolly Parton donated $700,000 to help flood victims in Waverly, Tennessee. She hosted two telethons to raise funds for the relief effort.
Parton has also donated to the My People Fund, which provides assistance to families in need. This fund helps to provide mental health resources, food, and utilities to families in need.
Dolly Parton has been a huge supporter of the Fort Sanders Medical Center in her hometown of Sevier County, Tennessee. The medical center was named after the doctor who delivered her. And she donated a million dollars to the hospital.
When the area experienced wildfires in 2016, Dolly Parton helped to launch the My People fund, which aids firefighters. That fund has since shifted to focus on rebuilding efforts. It has been a success, and Dolly Parton is continuing to help her hometown.
Dolly Parton's contributions to a number of causes are extensive and impressive. Her commitment to her hometown is unwavering.
Dolly Parton's odd jobs is a concept album about working-people's lives. It features four Dolly songs, as well as several country and folk covers. However, it doesn't always come off as one dimensional. Some of the songs are better than others, and it isn't a total wash.
Besides being a feminist icon, Dolly Parton has a storied career. She first came to fame on a Porter Wagoner television show in the mid-sixties. After high school, she moved to Nashville. From there, she became a successful businesswoman. Eventually, she owned an amusement park. During the 1980's, she began to cross over into pop-country territory. Although she didn't have a smash hit, she was among the top twenty-five artists in the country.
The best song on the album is the aptly titled "9 to 5". The lyrics are a heartfelt lament about an office worker's life, and it topped the pop charts. Interestingly, the song also served as the theme song for the movie of the same name.
In addition to "9 to 5", Dolly Parton's Odd Jobs is filled with a slew of other notable achievements. These include "The House of the Rising Sun," a cover of an ancient folk song; "The Big Reveal," a riff on a James Brown b-side; and the aforementioned "Sing for the Common Man," an homage to working-class men.
Dolly's odd jobs is an impressive return to form. It also opened up the floodgates on Dolly Parton's trove of humor. If you have ever wondered why her albums are so cluttered, you're not alone. This is one of the more complex records that Parton has ever released.
Despite its flaws, the album is a worthwhile listen. At the very least, it shows Dolly Parton to be a capable and thoughtful writer. Whether you're a die-hard fan or someone who just happens to like music, this album has something for everyone.
9 to 5 and Odd Jobs is a fun romp, but it isn't a total waste of time. Among its best songs are the '80s pop-country guitar licks in "Hush-a-Bye" and "Deportee," as well as the song mentioning the same title.
Dolly Parton is a legend in the music industry, but she is also a humanitarian who works tirelessly for philanthropic causes. She donates money to charity and supports many causes in her home community.
One of her biggest philanthropic efforts is The Imagination Library. This nonprofit organization sends free books to children in need. Since its launch in 1995, the program has shipped more than 188 million books, ensuring that all children have access to reading materials. In March 2018, the program mailed its 100 millionth book to a child.
Dolly Parton's philanthropic efforts range from education initiatives to HIV/AIDS, natural disasters, and animal rights. It's estimated that she has given more than $2.4 billion over the course of her career.
Dolly Parton has also received the Carnegie Medal of Philanthropy. It's awarded to innovators and philanthropists who have achieved success while finding ways to improve the lives of others.
Another one of Parton's philanthropic endeavors is her Dollywood Foundation. This nonprofit is dedicated to enhancing educational excellence in Tennessee. To date, the Dollywood Foundation has contributed a total of $3.6 million to education initiatives.
Additionally, Dolly Parton's My People Fund was created in response to the Tennessee wildfires. After the wildfires, Parton pledged to give $1,000 per month to families who lost their homes. Her funds helped families in need with utility bills, food, and mental health resources.
Another of Parton's philanthropic initiatives is her Buddy Program. When she launched the program in 1991, she promised to provide $500 to every graduating high school student in the state. That initiative helped decrease the number of students dropping out of high school from 35 percent to six percent.
Dolly Parton also has donated to the Vanderbilt University Medical Center during the coronavirus pandemic. The donation funded the research of the COVID-19 vaccine, which is 94.5% effective against the coronavirus.
In addition, Dolly Parton has also given to the Division of Pediatric Infectious Diseases at Vanderbilt University. Her niece Hannah Dennison was diagnosed with leukemia and was treated at the hospital in 1990.
If you have a well, you might be wondering how often do wells need to be serviced. It's important to have your wells serviced on a regular basis, so you can make sure they are working properly. This can save you money in the long run. Here are some signs to look out for when you think your well might need service.
A regular checkup is essential to ensure the longevity of your serviced wells. The best part is you can do it yourself with a little bit of common sense and some well selected quality tools. You will be rewarded with fresh and clean drinking water for years to come. Of course if your well is located in the desert you might want to consider installing a filtration system to ensure pristine water quality year round. If your well is located in the city or town then the best option might be to hire a qualified and insured wells aficionado to do the job for you. Your serviced well is a significant investment in your home or office and you need to make sure it is safe and sound.
For a well minded homeowner, keeping their wells looking fresh and functional should be a priority. There are some nifty devices on the market that help keep your water pristine. The trick is to know when to schedule service. If you are unsure about your current condition, it may be time to call in the pros. Fortunately, the water quality testing experts at Water Right Services have you covered. They can inspect your well and help you plan for the future. Having a top of the line water treatment system is a surefire way to make your family's health a priority. A water filtration system suited to your needs is also likely to boost your wallet. And if you have the cash, a few extra hundred dollars can go a long way.
If you're using a well for your water, you want to know how to recognize the signs of a problem with your well pump. Identifying and repairing issues early can prevent a lot of headaches and costly complications.
Well pump problems can occur for a variety of reasons, including low water level, corrosion, or impeller damage. The symptoms of these problems vary, but all can be fixed by a professional. A broken or leaking pressure tank bladder can also cause air to spurt out of the water, making the faucets "spit".
When water pressure is suddenly decreased or increases, it can be a sign of a leak in your system. Sediment buildup in the pipes can also affect the pump. This can cause the pump to work harder and make the water less effective.
A worn out well pump may also require repair. Older pumps have parts that wear out, which makes them less efficient over time. Depending on the model, it could cost up to $200 to replace the tank.
In the worst case scenario, you could need to drill a deeper well. It is best to call a plumber if you suspect you have a well pump problem. Taking care of it on your own can be done, but it's always better to have a professional handle it.
Another sign of a well pump issue is a sudden surge in electricity bills. This can happen when the pump needs to work harder to supply the same amount of water. Having an alarm system installed can alert you to when the pump is running too often.
If you're concerned about the quality of your water, you may want to consider replacing your well pump. Water that smells, tastes, or feels dirty should not be consumed until the issue is resolved.
Getting the right size well pump is crucial. Smaller pumps can cause low water pressure. Ideally, the pump should be able to handle the load of your home. You can determine this by checking your water usage.
If you have a well pump, it's important to monitor it regularly to ensure it's functioning properly. Failing to do so can lead to many problems, including reduced water pressure and an increased electric bill.
Preventative maintenance is an effective way to reduce the costs associated with servicing your wells. It can save your business money, increase safety, and prolong the life of equipment.
In addition to saving you money, preventative maintenance can also reduce the risk of accidents and lawsuits. Having your equipment checked regularly can also prevent water damage.
The cost of maintaining your equipment can be quite high, however. If you aren't careful, you can end up spending thousands of dollars on unanticipated repairs and replacements. However, with proper planning and a little common sense, you can minimize the cost of preventive maintenance.
When implementing a preventive maintenance plan, you should select a few specific items to focus on. For example, if your heating and AC system isn't working properly, don't wait for it to break down. Instead, take a quick look at your system and check for any low spots or leaks.
A well-maintained HVAC system will use less energy, require less labor, and be more efficient. Similarly, a well-running hydraulic system will need less energy.
With these benefits in mind, it's important to focus on the most essential items. Invest in a comprehensive checklist to keep the process on track. Also, consider installing sensors to monitor the health of your equipment. These can provide a continuous watchful eye on your most important equipment.
Another way to save money is to limit the amount of time you spend on preventive maintenance. If you're constantly changing light bulbs, for instance, you're wasting time and technician materials. To make sure you don't miss any important tasks, you can designate a specific day for maintenance.
Maintaining your equipment is an important part of maintaining your business's profitability. By using a preventative maintenance plan, you can save a significant amount of money on both your energy and labor costs. You can even save on insurance rates.
Before you commit to a preventive maintenance program, you should make sure that the plan will benefit your business. Specify goals in a spreadsheet and get your staff on board with the plan.
Dolly Parton is a famous country music star. She has sold millions of albums, has performed on TV shows, and has had several movies made. It is no wonder she is considered to be one of the richest female celebrities. But how much is she worth in 2021? The answer is a little tricky.
Dolly Parton's music career has been a huge success. In fact, she is the world's most successful female country singer. She's earned millions of dollars in royalties, and has a catalog of over 150 songs that are worth about $150 million.
Despite having such a lucrative career, Dolly still has her humble roots. When she was born, her family lived in Appalachia. Her parents struggled to support twelve children. They eventually moved to Nashville.
At age nine, Dolly began working as a songwriter, and she signed her first record deal. After high school, she performed professionally in local radio shows.
After moving to Music City, Dolly became a top-selling musician. She released her first album, Hello I'm Dolly, in 1967. This album was nominated for the Grammy Award for Best Country Album.
In addition to her music, Dolly Parton has also made a name for herself in acting and producing. She's appeared in movies like Steel Magnolias and Joyful Noise. Additionally, she's appeared on television series such as Hannah Montana.
Throughout her career, Dolly has donated millions of dollars to causes, such as education, animal preservation, and natural disaster relief. Her charity, the Imagination Library, has helped provide hundreds of millions of books to children around the world.
In addition to her own productions, Dolly has also written songs for other artists. Those songs are also featured in movies. One of her songs, "I Will Always Love You," became a hit after Whitney Houston passed away.
Dolly has been a member of the Nashville Songwriters Hall of Fame. She's received two Grammy Awards for Best Female Country Vocal Performance. As a result, Dolly is considered one of the wealthiest musicians in the world.
She's also earned two Living Legends Medals. These are awarded by the Academy of Country Music. In 2017, Dolly was named the sixth highest paid artist in music. The singer's net worth is estimated to be $350 million.
Dolly Parton's latest studio album, Run, Rose, Run, was released last week. It features a cover of Led Zeppelin's "Stairway to Heaven."
Dolly has a number of charities to which she donates money. They include a children's charity called Imagination Library, which sends free books to children from birth to five.
Dolly Parton has enjoyed a successful amusement park career. She's a singer, actress, and businesswoman who opened her amusement park in 1986. Located in Pigeon Forge, Tennessee, Dollywood offers visitors a variety of exciting rides and entertainment. This theme park is one of the most popular in the United States. Guests will also enjoy the many live concerts and musical performances held at the park each year.
Dollywood is the biggest ticketed tourist attraction in Tennessee. Each season, the park hosts nearly three million guests. The park has been named one of the top 50 most visited amusement parks in the country.
The park is operated by Dolly Parton's company, which also owns a number of other attractions in Pigeon Forge. This includes the Splash Country water park, DreamMore Resort and Spa, and the Stampede dinner attraction.
Dollywood is also home to the Dollywood Foundation, which provides educational resources to children. Since its inception in 1988, the foundation has decreased the number of dropouts by 6%, and offered $500 to high school graduates.
Dolly Parton and her company are currently embarking on a 10-year, half-billion-dollar expansion plan. One of the projects will be a new resort, which will open in 2023. In addition, the park will be adding new shows, food items, and attractions each year.
The new resort, the HeartSong Lodge and Spa, will be located adjacent to the Dollywood's DreamMore Resort and Spa. It is a nod to the 1994 hit song "HeartSong."
The new resort is part of the Dollywood Parks & Resorts. Aside from the new resort, the company will also offer tuition reimbursement for employees. Those who work at the park will receive 100% of the tuition cost, including textbooks.
Dollywood's most recent accolades include being chosen as the best amusement park in North America by TripAdvisor. The company was also named the Best Place to Work by Forbes magazine.
In addition, the Dollywood Foundation launched the "GROW U" program, which will offer free college and professional training to all Dollywood employees. In addition to offering education assistance, the foundation will also cover the cost of books and fees.
Dolly Parton has an amazing history of philanthropy. She was a country singer and songwriter who has donated millions to charities. Her philanthropy has helped improve many communities and impacted hundreds of thousands of lives.
The first of Dolly's many philanthropic endeavors was the Dollywood Foundation. It was founded in 1988, and it has since been dedicated to funding various programs and improvements in the community.
Among other things, the Dollywood Foundation is responsible for a scholarship program that supports students at local schools. In addition, the foundation is known to donate money to children's hospitals throughout the United States.
Another of Parton's more significant philanthropic efforts was the Imagination Library. This program sends free books to kids up to the age of five. One million books are shipped monthly. As of May of 2018, the Imagination Library has already distributed more than 182 million books to kids in the United States.
Dolly has also been known to support the Black Lives Matter movement. She has donated to causes associated with HIV/AIDS. She also helps protect bald eagles. Currently, she is working to increase literacy rates and has set up a reading program.
Another example of Dolly's philanthropy is her Buddy Program. The program was designed to combat the high school dropout rate in Sevier County, Tennessee. When a seventh- and eighth-grade student pairs up with another student, the two are awarded $500 if both go on to graduate.
In addition, Dolly has contributed to Moderna's COVID-19 vaccine. Designed to fight the coronavirus, the vaccine is 94.5% effective against the disease. During the midst of the COVID pandemic, the Dollywood Foundation donated $1 million.
Dolly has worked on a number of other causes, including animal welfare and public health. She has devoted her career to helping others and has received numerous awards for her philanthropic efforts.
For her efforts, Dolly Parton received Jeff Bezos's "courage and civility award." If you're interested in learning more about Dolly's philanthropy, you can visit her website. She is also set to perform at the Grammy Awards later this year.
Dolly Parton and Carl Dean have been married for more than five decades. Their marriage has been kept out of the limelight, though the couple occasionally perform together. It's easy to see why the pair have become such good friends.
Dolly Parton is a country music star who started performing at a young age. She has won five Academy of Country Music Awards and four People's Choice Awards. In addition to her career in the entertainment industry, she is also a philanthropist. She has donated millions of dollars to causes such as animal preservation and education.
She is the founder of Imagination Library, a nonprofit organization that provides free books to children. She has also starred in the Netflix movie "Christmas on the Square."
Dolly Parton is the second richest female artist in the world with a net worth of around $420 million. She is also the only person in the music business to have won Entertainer of the Year three times.
Her latest album, "Run, Rose, Run," was released last week. Dedicated to her husband, it is her 46th studio album. The track listing is a mix of country hits, pop and R&B classics.
Her latest release also contains a few songs about divorce. Parton wrote six original songs for the soundtrack. One of the songs is about a bank teller who crushes on her. Another is about a couple who's separated.
When Dolly was younger, she lived with a number of siblings. She was the fourth of 12 children. She says she has a soft spot for kids. But she never had her own children.
Dolly has sold more than a hundred million albums as a solo artist. She has been nominated for 11 Grammy awards and received three American Music Awards. She has a library of over 3,000 song credits.
As she turns 75 years old, Dolly is looking to the future. She's got a new perfume, and plans to expand her brand into consumer products.
Fans have wondered if Dolly's husband, Carl Dean, is real. Dolly has addressed these theories, saying that her husband is a real man.
Dolly Parton is one of the biggest stars today, and has been married for a long time. Her husband is Carl Thomas Dean. They have two children. Their daughter, Lori Ann, is married to Keith Urban. Besides, they have four nieces and two nephews. And there's nothing more that they want to do for Christmas than to spoil them.
Dolly Parton and Carl Thomas Dean have been married for more than fifty years. This long-term partnership is not for the faint of heart. However, these two have managed to keep their relationship as private as possible. In fact, they have only appeared together at one red carpet event.
The first time the two met was in Nashville, Tennessee. Dolly was 18 and Dean was 21. Their meeting was quite serendipitous. During this meeting, Parton was wearing revealing clothes. She caught Dean's eye when he drove by in a pick-up truck.
Although they have never had children of their own, both parties enjoy spoiling their nieces and nephews. They have even auctioned off a tour of Nashville sites to raise money for charity.
Dean was a successful asphalt paving businessman at the time. He and Dolly began dating after they met at a local launderette. After some initial skepticism, the couple eloped in 1966.
Dolly and Carl have always been supportive of each other, even when they are not starring in their own shows. One example is when Parton sung a song for the movie Joyful Noise with Willie Nelson. Afterwards, Parton and Dean wrote a song that would go on to become a classic.
While there are no official pictures of them together, they have shared plenty of personal details on their marriage. For instance, Dolly has shared her wedding dress. Currently, it is on display at the Chasing Rainbows Museum at Dollywood.
One thing they have in common is their sense of humor. Parton recently spoke about the key to longevity in a relationship, stating that humor is one of the best things to have when you are married.
When they met, Dolly was young and new to the Nashville scene. Her record label urged her to wait a year before getting married. It seems that the stars did not always align. Eventually, the two married in Ringgold, Georgia.
Dean has been a pillar of support for his wife, and has even helped her raise her youngest siblings in Nashville. Though the two have not had any kids of their own, they have continued to work with children through the Imagination Library, a non-profit organization that has sent over a hundred million free books to children around the world.
Dolly Parton's Mountain Magic Christmas is a holiday special that promises to bring a little bit of cheer to everyone's homes this season. It features a host of musical guests, including Billy Ray Cyrus, Willie Nelson, and Miley Cyrus. The special is also set in Dollywood, a famous Tennessee theme park.
Dolly Parton's Mountain Magic Christmas, which is now airing on NBC, is a modern-day movie musical. Several famous faces from the acting world are featured, including Ana Gasteyer, Rachel Parton George, and Tom Everett Scott.
The special features a new holiday song sung by Dolly. As the movie progresses, we learn more about how the special came to be. We learn more about the history of Dollywood, as well as some of Dolly's recollections of growing up in the mountains of Tennessee.
The film also introduces Dolly Parton's Three Wise Mountain Men. These three men guide Dolly in her journey to bring Christmas cheer to everyone in the world.
Dolly Parton's Mountain Magntic Christmas is set to debut on December 1. In addition to Dolly, the film will feature a number of musical guests, including Jimmie Allen, Billy Ray Cyrus, and Miley Cyrus. There will also be a number of surprises at Dollywood. One of these surprises will be a 130-foot light curtain wall.
Another surprise is the fact that Dolly Parton has a Black character in the movie. This is an interesting aspect of the movie, as it has one Black character but is otherwise almost entirely White.
Aside from the song "The Seeker", which is a part of the TV special, there are several other songs in the special. These include a song about accepting family, a song about stray animals, and a song about accepting addicts.
Dolly's Christmas special is set to debut on NBC on Thursday, December 1 at 8 p.m., and will encore on Wednesday, December 21 at 8 p.m. If you can't wait until then, you can watch the film online for free via Peacock. You can also subscribe to a free trial.
If you are a fan of the country superstar Dolly Parton, you might have heard that she is planning a big 50th wedding anniversary party for her husband Chuck Griffith in July. Fortunately for fans, they will likely get a taste of what's to come on her accompanying tour. It should be a memorable occasion for both parties.
The couple will also likely celebrate in their Tennessee home. They've talked about renewing their vows, and it's possible they will tie the knot again. In the meantime, they will mark the event with a private ceremony and a reaffirming of their commitment.
During a recent visit to Nashville, Parton showed off her new wedding dress. She wore an off-white silk dress designed by her creative director Steve Summers. For the occasion, she wore an old ring on her right hand for sentimental value.
The anniversary will certainly be a memorable one for the country music queen. She and her husband have been married for 50 years, and they will reaffirm their commitment by getting married again.
Dolly Parton was 18 years old when she moved to Nashville to pursue a career in music. She met Elvis Presley two years later, and they would go on to marry. Despite their famous love story, they never had children together. That is, until this summer.
There are a number of reasons for this. First, Dolly and Carl are a very private couple. As a result, they rarely appeared at each other's concerts, and only one of their wedding photos is publicly available. Secondly, they live in a quiet town in Tennessee. This helps protect them from the paparazzi. However, it's possible they may do another big wedding for their 50th.
The other interesting fact about the occasion is that the couple plans to sell pictures from their ceremony in order to raise money for children's charities. One example is the Chasing Rainbows Museum at Dollywood, where Dolly's wedding dress will be on display.
Finally, the best part of all of this is the fact that Dolly and Carl will be able to share the 'best of' their 50 year love story in a manner that they have never before.
Dolly Parton is one of country music's most famous stars, but she is also the godmother to Miley Cyrus. In a recent interview, Dolly revealed her relationship with the young pop star.
When Miley was only a child, Dolly became her godmother. During the early 1990s, Dolly started working with Miley's father, Billy Ray Cyrus. They formed a friendship that continues to this day.
As a result of this special bond, Dolly has acted as a mentor to Miley. She has helped her whenever she could. Since 2010, they have performed together a number of times. Their latest performance was at the Grammy Awards.
The two artists are both Southern and hold a strong bond. In fact, the pair recently performed a duet together that reminded listeners of the birth of the Savior Jesus Christ. Throughout the song, they share their feelings about Christmas.
Dolly has been helping Miley with her music career for years. It was actually Bill Ray Cyrus who first asked Dolly to become the godmother to Miley.
While there is no legal obligation for Dolly to be the godmother to Miley, she did agree to the role because she and Cyrus were friends. Besides serving as an excellent musical mentor, Dolly has also avoided acting as a life coach for Miley.
Dolly has several nieces and nephews. One of her nieces, Danielle, has served in the military as a pilot and has flown C-130s in combat. Another of her nephews, Willie Nelson, is a musician.
Despite the fact that Dolly hasn't had children of her own, she and her husband, Dean, have a love for spoiling their nieces. Earlier this year, they were seen enjoying the company of Miley Cyrus at a party. And they recently reminisced about their time on the Disney show "Hannah Montana" together.
In addition to her many roles as a singer, Dolly is a fan of helping children in her non-profit organization. A part of this organization is her Imagination Library.
Dolly Parton has recently released a holiday album. The album features her nieces and nephews.
As more private equity funds continue to be formed and launched, questions arise about the amount of money being invested in them. According to a recent report by the Private Equity Research Association, the number of private equity funds in the United States has hit the $500 billion mark. However, the increase in the amount of money raised doesn't necessarily mean that the number of deals is increasing. Instead, deal size, not deal count, is behind the increase in the value of private equity funds.
The private equity (PE) sector has experienced some challenges over the past year. Rising interest rates and inflation concerns are posing dual challenges to PE fund managers and their LPs. But despite the difficulties, the outlook for the private equity industry is strong. In fact, the year is on track to produce the second-highest volume of buyout deal value ever.
While deal activity has slowed, PE fund fundraising has continued to increase. PE backed buyouts accounted for 6.9% of global M&A volume in the first half of 2012. Private equity is known for improving businesses and dramatically increasing the value of their investments. It also makes use of debt to provide investors with a better rate of return. Traditionally, private equity portfolios have been funded by large financial institutions. However, in recent years, institutional investors have been diversifying away from core holdings, including public equity and fixed income.
Although the amount of funds being invested is still below last year's levels, the total available for investment increased by a quarter in the first half of the year. In total, $949bn of private equity funds were available to invest in in the first half of the year. This represents roughly 47% of the overall asset base.
With PE firms shifting to acquisitions of entire public companies, the deal environment is more difficult than it was a few years ago. The market is also facing challenges related to the Ukraine crisis and a sovereign debt crisis in Europe. A combination of these factors could lead to longer holding periods for some GPs.
In the current climate, PE firms are seeking ways to increase liquidity. One of these solutions is to monetize their holdings through secondary transactions. Secondaries, often through a third-party fund vehicle, allow large investors to acquire interests in private-equity funds. These investments usually have a different cash flow profile from the other private equity investments. Because of this, secondary transactions have become an important source of flow.
However, there are also some structural impediments that make it harder for private equity to close transactions. These include long lock-up periods and a lack of transparency. Increasingly, GPs are looking for ways to satisfy their investor commitments.
Deal activity has slowed in the second half of the year. A combination of softening technology sectors and rising costs has slowed the pace of deal pipelines. However, bankers believe that the number of deals will continue to improve in the new year.
As a result of the increased pressure on exits, cash distributions to LPs have declined. As a result, the average hold period for private equity portfolios has been extended. And PE funds must manage proactively to ensure that they take advantage of the recovery.
A lot has changed in the private markets landscape over the last decade. While the sector's performance has been strong, it has also faced significant challenges. This has led to a change in the way private equity is managed. LPs have responded by expanding their allocations to the sector, including bringing investment decisions in-house. In addition, private debt fundraising has risen significantly. The sector is expected to continue to grow into 2021.
Limited partners' motivations for investing in the private sector remain unchanged. They want to make high quality investments in companies with well-defined exit strategies and liquidity options. Additionally, they desire alpha. GPs can offer these things, and they have access to a wider variety of assets than they would through traditional funds-of-funds. However, the ability to achieve alpha depends on the skill and experience of the GP.
GPs have the challenge of choosing which managers to deploy their capital. For many, it is a race between specialists working at different scales. There are many factors at play, but performance and fee control are two of the most important. Alternatively, GPs may have to decide whether to get bigger or stay smaller. Whether they choose to expand or maintain a more streamlined fund-of-funds approach is an issue that could have a direct impact on LP satisfaction.
In the past, funds-of-funds were a relatively small percentage of LP portfolios. They offered the chance to outsource specialist knowledge to a specialised manager, and to gain exposure to the private capital market. These days, funds-of-funds have become more specialized, and offer a variety of customised solutions. LPs have become increasingly discerning about which ones are the best.
As a result, the traditional funds-of-funds have suffered. However, a growing number of LPs are now partnering with secondaries to extend and diversify their portfolios. Fund sponsors are also helping GPs restructure legacy funds and increase the size of their capital. It's also becoming easier for LPs to exit underperforming assets. Some LPs have even sparked interest in capital-call lines of credit.
Although the traditional funds-of-funds have faced some significant challenges over the last decade, they are still among the best performing asset classes. Specifically, they have outperformed the private capital universe. The best funds-of-funds can generate returns in excess of their benchmarks. Furthermore, they offer a more diversified exposure to private capital markets. Also, their focus on a specific asset class or sub-sector can help them generate higher returns for LPs.
A recent report from McKinsey suggests that the private equity industry may be in a stronger position than it has been in a decade. However, investors should be careful not to overinvest in any asset class. Otherwise, their risk profile will increase.
The private equity industry has taken the baton from public equity in recent years, and has begun to reinvent itself. Whether it's a merger of the year, a buyout or an outright acquisition, the industry is undergoing a transformation. The number of active PE firms continues to rise, and with them, the opportunities for a growth minded investor. Private equity is a great vehicle for a company looking to expand into new sectors or reposition itself for a new age of competition. However, there's no guarantee that the best companies will survive the transition.
One way to help reduce the risk is to diversify into a variety of businesses with varying degrees of financial, technical and human capital requirements. This makes a well conceived buyout less likely to go south. In addition, an investor with a diverse portfolio of businesses is likely to be able to find opportunities that might be overlooked if the company were to be held in one or two entities.
As the name would suggest, the best example of this is the well regarded Blue Circle Industries, which is actually an acronym for the blue-collar homebuilding conglomerate it is. This company has been producing the almighty cement for more than a century and has branched out into other business ventures along the way. Aside from the many bricks in the wall, Blue Circle has also forayed into a host of other ancillary industries including waste management, gas stoves and bath-tubs. It is an industry leader in cement and cement related technologies, and is likely to remain so for the foreseeable future.
The benefits of a diversified portfolio include less competition, increased flexibility and a better chance at landing the big contract. Other benefits to the company include improved cash flow, lower operating expenses and better customer service. An effective merger of the minds is the best bet for a company with a diverse portfolio, particularly when it comes to human capital.
The name of the game is to identify and manage key strategic stakeholders, as well as develop a clear understanding of the competition's strengths and weaknesses. One way to do this is to keep a close tab on the portfolio's performance in each segment. To do this, a good way to start is with a formal company survey. This includes asking about the organization's past performance and its current capabilities. Additionally, it's a good idea to consult with employees to see if their specific job functions are suited to the company's long term goals and objectives.