MAM Wealth Management, LLC (a MAM Group, Inc. company) to raise $150 Million Eastern European Privatization Fund
July 21, 2005 (PRLEAP.COM) Business News
Encino, California. MAM Wealth Management, LLC is about to launch its first Eastern European Privatization Fund. The fund will be focusing its activities in privatizations mainly in Czech Republic, Slovak Republic, Poland, Ukraine and Rumania. MAM will co-manage the fund with Czech Investment Bank Arca Capital (www.arcacapital.cz). Former Czech tennis star and entrepreneur, Mr. Petr Korda, who has very strong ties to one of MAM's founders and Managing Directors, Mr. Francisco Martin, is one of the senior consultants in this transaction and is directly responsible for bringing Arca Capital and MAM Wealth Management together. "Mr. Korda's pristine name as an entrepreneur blended with an impressive rolodex is of utmost importance to this venture to be successful", said Francisco Martin.The fund will at first only accept institutional investors to participate with a minimum capital commitment of $5,000,000.00. Its target is to raise $150,000,000.00 and might consider a greater number depending on the appetite investors will show for this asset class.
For further information please contact:
MAM Group, Inc.
Francisco Martin
Managing Director, Investor Relations
16501 Ventura Boulevard, Suite 504
Encino, California 91436
United States of America
Email: InvestorRelations@mam-group.com
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company and other risks detailed in our filings with the Securities and Exchange Commission, including the Risk Factors contained in our final prospectus relating to a public offering filed pursuant to Rule 424(b) under the Securities Act of 1933, available at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will provide to be correct. Factors that could cause results to differ include, but are not limited to successful performances of internal plans, the impact of competitors, and general economic risks and uncertainties.