Finding outside capital is about to get easier. As a response to the difficulty that the adult industry faces in raising capital, investment bank AdultVest has scheduled a series of meetings that will bring investors and capital-seekers together.
AdultVest, the industry's first investment bank, hopes these meetings will help owners of adult entertainment companies achieve a variety of business objectives, including capitalization, acquisition or sale and even the sale of securities to the public.
The company believes this approach to investment targeting will help investors begin to understand a market that many mainstream financial institutions and individual investors do not understand.
Starting Feb. 27 and continuing on the last Wednesday of each month, AdultVest executives will listen to presentations from adult entertainment business owners. Ventures that meet AdultVest's internal standards will be presented the following day at the company's monthly investor meeting. Monthly investor meetings are open to institutional and high-net-worth individual investors of all types, including private equity, hedge and venture capital funds, as well as investment bankers, angel investors and financial advisers. Meeting locations will be announced one week before each meeting.
While only a few companies will be able to participate in the Wednesday presentations, AdultVest Managing Director Francis Koenig hopes many will apply. Koenig has indicated that AdultVest is interested in the entire spectrum of new adult businesses, as long as they have the potential to generate substantial returns.
The monthly meetings represent an unusual opportunity for investors, in particular. Global markets are awash in capital, increasing competition for viable deals. Morgan Stanley puts global hedge fund assets near $3 trillion, with another $3 trillion in global assets coming from sovereign wealth funds. According to Private Equity Intelligence Ltd., 41 percent of the $2 trillion private equity industry ($820 billion) is sitting on the sidelines, awaiting investment.
Individuals interested in participating in the monthly meetings - either as investors or companies seeking financing - must register at AdultVest.com. Adult entertainment businesses that are invited to present to AdultVest will receive a free business consultation, as will investors identified by the firm.
