WEST PALM BEACH, FL (HEDGECO.NET) – Beverly Hills, Tuesday, May 23, 2006, AdultVest.com, the first and only investment website serving the $57BN/yr adult industry, has set a blistering pace recruiting broker dealers, venture capital, private equity, hedge funds and accredited investors, announcing today that 1,000 investors have registered at AdultVest.com to research adult industry investments.
In addition to its rapidly expanding network of investors and regional broker-dealers seeking to introduce adult investments to their clients, AdultVest is also engaged in negotiations with two large private equity funds seeking to deploy approximately $1.5BN into the adult industry with individual investments ranging between $10M and $150M.
Recently AdultVest, entered into an agreement with Victory Tradeshow Management, LLC, to provide special services for Exhibitors and Sponsors seeking investment banking for their businesses at the upcoming EXXXOTICA ~ Miami Beach event June 9th-11th.
J. Handy, executive at Victory Tradeshow Management, the owner of EXXXOTICA, stated “It is very exciting to be working with AdultVest. This is the first company that has taken the initiative to develop an investment marketplace dedicated to serving the adult industry. Everyone knows how profitable this industry is. If you’re looking for something more exciting in your investment portfolio, this is it.”
AdultVest founder, Francis Koenig, remarked, “We seek to bring order and maturation to a tremendously inefficient, but remarkably profitable industry. Although we are the first company to offer Wall Street-style services to businesses with little experience in that area, it is clear that the entrepreneurs and investors flocking to our website validate our business model.”
AdultVest offers accredited investors the ability to research selected adult companies at no charge and will roll out a fully automated marketplace by the end of next quarter, greatly expanding the company’s matching and investment banking services to start-up, medium-sized and large adult entertainment businesses.
Koenig said “More and more venture capital, hedge fund, and private equity money is looking to move out of traditional markets and into Adult Entertainment because of the superior risk-reward qualities. A prime example is the recent purchase of Penthouse Media Group, Inc. by Mark Dell Capital Partners. We believe this trend will continue. The ‘smart money’ knows how to capitalize on inefficient markets and there is no question that the Adult Industry is financially inefficient.”
