AdultVest.com is planning on hosting the first annual AdultVest investment conference in Los Angeles, CA, geared to match institutional and accredited investors with adult industry related investment opportunities. So far, the company reports there are well over 1,000 accredited investors and nearly 300 adult companies pre-registered.
Founded by hedge fund veteran Francis Koenig, parent company AdultVest, Inc. represents some of the largest and best known adult entertainment companies in the market, and is the first and only investment firm to concentrate its practice exclusively on adult industry investments, mergers, and acquisitions. The company has been featured on CNN Money, Business 2.0 Magazine, Institutional Investor Magazine, Alternative Investor, Forbes, Hedge Fund Daily and LA Daily News.
To date, AdultVest has launched two hedge funds: the Priapus and the Bacchus Investment Funds, both of which are able to accept IRA and 401k money from accredited investors and qualified institutions. As a result, investors have the ability to invest directly from a pool of tax deferred capital typically locked up until the beneficiary reaches age 65.
The firm also plans to launch a new hedge fund later this year which will offer a collateralized preferred dividend as high as LIBOR plus 5% -- with current LIBOR rates at apx 5.35% this would mean a preferred dividend of up to 10.35% on invested capital. Mr. Koenig emphasizes, "These funds are not for small investors. There are no guarantees of performance. We only accept accredited investors who have no need for liquidity, who are sophisticated enough to understand the risks, and who have the ability to sustain the loss of their entire investment."
The Company's two core components are the Investment Group and the Business Group. The primary focus of the Investment Group (including the Bacchus Fund and the Priapus Fund) is on venture capital, private equity, and hedged investments, while the Business Group primarily provides business to business services, i.e. investment banking, capital introduction, consulting, licensing, and various other business services.
AdultVest's mission is to facilitate investment in the adult industry -- by enabling a more efficient flow of information, and through the continued establishment of professionally managed investment vehicles designed to create transparency and liquidity for investors.
"The metrics can be extremely attractive, and the benefits are clear," says Koenig. "Investors receive transparency and the company gains increased access to capital, while the ability to buy and sell stock on the open market enables owners and shareholders to create liquidity and unlock value."
1 comment:
This fully honest integrated thinking, creating investment opportunity in a time when financial stustainability is extinguishing, inspires me. Thank you Francis Koenig for cooridinating a path of opportunity which clearly builds the foundation of a new creative thinking that generates growth.
Kind Regards,
Owen C. Edwards
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