I found Oboe as a five-year old in England back in 2008, and liked him straight away. While his Irish upbringing was very much a part of his personality at first, he has matured into a lovely horse, and really sparkled in his first season at intermediate this past spring. He's always been a cross-country machine, with a real four-star gallop, and he's a fabulous jumper. His dressage has steadily improved, and has proven competitive, as he's been in the top ten in his last three two-star level FEI competitions. I think when you sit on a horse and jump it for the first time, you know immediately whether it's going to go down to the Head of the Lake and jump in with no questions asked. I got that feeling when I rode this horse in England 3 years ago, and I still feel that way. He's a four-star athlete, and I think, in time, he's going to be a true four-star horse with an exciting future.
For Ownership Syndication
$750/month per share
The overall purpose of this syndication proposal is to create a system for success in international eventing. In this proposal, we put forth a way to reconcile the large number of horses required to be consistently competitive with the higher costs associated with campaigning multiple horses. This particular syndication concerns two horses aiming for the 2014 WEG and the 2016 Olympics in Brazil. The most obvious advantage that a well-structured syndication provides is that it can allow a rider to manage a group of horses to his competitive gain for a price far below what a one-horse-to-one-owner ratio can accomplish . With this reduction in cost also comes the increased odds for performance success that a multi-horse string can provide for both the rider and the syndicate shareholders. Essentially, what I am striving to create is a program for lasting success, a system of support that can fund the types of horses I need to compete at an international level. The biggest hurdle so far has been trying to reconcile the numbers of horses required, as mentioned above, with the exorbitant cost of running such large competition strings. Syndication offers the most efficient way of doing this, providing a participant with the greatest odds for potential success in the most cost-efficient manner.
This syndicate, in particular, tries to maximize cost-savings and potential success to the buyers. Unlike most syndicates, this arrangement offers each share-holder, or half share-holder, an ownership stake in not one, but two horses, Vancover and OBOS O'Reilly. The goal here is to sell ten shares at $15,000 a share, raising $150,000 to then invest in these two high-quality prospects. Half-shares will also be offered at $7500 per. Annual maintenance costs for the group will then be portioned out on a per-share basis, and paid quarterly or monthly, at the discretion of the shareholder. Whole share-holders will pay $700/month for their equity stake in the two horses, and half-share owners $350/month. It is worth noting that what one share in this syndicate for TWO horses would cost a participant, per month, is far less than what most owners currently pay for one! Furthermore, from the outset, a participant’s exposure is limited to the share price of $15,000 (or $7500 for a half-share), as opposed to a single owner being on the hook for the whole horse. As for the annual maintenance expenses, they are fixed and will be paid quarterly to The American Horse Trials Foundation, a 501(c)3 that offers a full tax refund. While I don’t promise any fiscal return on the investment, I do think that it is reasonable to assume that these horses will appreciate in value, meaning that should an opportunity arise to sell a horse without sacrificing the end goal, such revenue could be either reinvested in the syndicate, disbursed equally to shareholders, or used as start-up capital for a new prospective horse fund. Either way, if you are interested in being a top-level event horse owner, this arrangement hopefully makes it more affordable for you and also less risky.
As for the horses, OBOS O'Reilly and Vancover have both had a very successful season at two-star level and have been pursued and/or listed already by USEF High Performance as potential horses for this year's American Pan-Am team. OBOS O'Reilly was in fact short-listed until I recently withdrew him, and Vancover was asked to be vetted by High Perfrormance following a 6th-place finish at Jersey Fresh, but I respectfully declined because I really did not have the horse's future mapped out clearly yet. He promptly won his next competition, the Stuart CIC2. Both horses have shown the class needed at the next level. The added advantage is that both horses have been trained and developed in my system, meaning that there won't be a transition period that typically follows a new purchase. These aren't green-as-grass, unproven youngsters. Currently on track to contest an advanced horse trial this fall and the three-star level next year, they are both already headed down the path that eventually leads to events like Rolex, Burghley, and perhaps the major championships that we all dream about. At eight and nine years old, they are entering the prime of their career, and it would seem the perfect time to become a part of their futures.
If you or someone you know might be interested in participating in this syndication, please don't hesitate to call or email me with questions or concerns. More information in the form of a hard-copy proposal is available upon request. The United States is a waning force on the international eventing stage at the moment. What will bring us back to the forefront will be our best riders producing and keeping strings of four-star mounts in their stables. I think these two are worth keeping, and hope to share their adventures with like-minded, competitive horse-lovers who yearn to see an American back on top of the eventing world.