As of 2010, three members of senior management retained 18% ownership under Prime Restaurants, with the other 82% belonging to Fairfax Financial Holdings Limited. In October 2013, Fairfax exchanged ownership in the Prime Restaurants brand, by selling to Cara Operations with a warrant and cash deal. In October 2013, Fairfax bought a minority interest in Cara Operations. Cara in turn bought, and assumed debt from, Prime Restaurants. Fairfax also contributed $100 Million in secondary warrants, declaring a loss of approximately $50 Million in the process.