Mature audience firm AdultVest will launch a hedge fund later this year invested exclusively in the porn industry. Under the guidance of hedge fund vet Francis Koenig, AdultVest has planned an upcoming conference in LA this year to match institutional and accredited investors with “exciting adult related investment opportunities” (AV reports that they already have 1,000 accredited investors and nearly 300 adult companies pre-registered). The firm states that the fund will offer a collateralized preferred dividend as high as LIBOR plus 5%. Koenig notes that “The metrics can be extremely attractive, and the benefits are clear.” Indeed.
Sex and absolute returns [FT Alphaville]
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These positions will be fun to hedge
I like my hedges neatly trimmed.
Some friends and I were discussing this last year. Glad to see someone is actually doing it. Plenty of aspiring porn actresses to go around. It just might work.
The Vice fund has done well enough (last time I checked anyways). Whatever the economy people will always need strippers and booze.
Hey, if anal is the new blowjob, then what is the new anal?
“Hey, if anal is the new blowjob, then what is the new anal?”
i beleive that would be double anal/ double vag…..no?
Delayed Dealbreaker news? I saw it nearly a month ago on hedgeco.net:
http://www.hedgeco.net/news/05/2007/adultvest-hedge-fund-to-host-alternative-investment-conference.html
LOL thats funny, I just received a phone call from him trying to raise 3 million at 8% interest for iPORN
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