THE CONTINUATION FUND HANDBOOK - COMPANION FILES
julianrsterling.com/cfh

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Revised 26 September 2026.

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WHAT IS IN THE ARCHIVE

1. The book's four workbooks, revised
   The_Thalia_Transaction.xlsx               Chapter 18, end to end
   Pricing_and_the_Bid_Funnel.xlsx           Chapter 7
   Fees_and_the_Roll_Decision.xlsx           Chapters 4, 10 and 12
   Diligence_and_Governance_Checklists.xlsx  Appendices B, C, D, E, F and H
   00_START_HERE.md                          what changed is at the end
   105 check lines against the book: all 105 reproduce.

2. Blank_Model_Set/  (new)
   The three calculation workbooks with every blue input emptied, for your
   own transaction. Axes, grid steps and the book's standards are kept. Each
   Checks sheet counts what is missing, sheet by sheet, and tests what holds
   for any inputs. The book's figures are in book_inputs.txt.

3. Working_Documents.pdf  (new)
   Thirteen printable pages: the election notice's first hour, the eight
   questions to the sponsor, the bid funnel, reducing the price to a
   comparable number, the advisory committee's ten questions, the fairness
   opinion, the terms rolling investors inherit, the conflicts register, the
   sponsor's process plan, scoring the transaction, rolling and financing
   checks, the exit clock and the first hundred days, and the fifteen
   costly mistakes. A4, fits Letter.

4. Forty_Questions.xlsx  (new)
   Forty questions across the book, marked by the file as you type.

5. Cases/  (new)
   Case_1_The_Portfolio_With_A_Passenger.xlsx          Chapters 6 and 16
   Case_2_The_Distribution_That_Was_Borrowed.xlsx      Chapters 14 and 17
   Case_3_The_Roll_Rate_The_Window_Manufactured.xlsx   Chapters 10 and 13
   Each case: the note on the first sheet, the model after it, checks at the
   end. Figures the book does not give are marked ADDED.

The files open in Excel, LibreOffice Calc, Google Sheets and Numbers. No macros.
