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]
Posted by Series7.5, Jun 12, 2007 2:46PM
These positions will be fun to hedge