AdultVest Approved to Accept IRA, 401k Investments

BEVERLY HILLS, Calif. — Adult investment firm AdultVest has been approved to accept IRA and 401k money from accredited investors interested in the adult market.

AdultVest founder Francis Koenig told XBIZ that his company is the only firm to practice exclusively in the adult industry, concentrating on investments, mergers and acquisitions. He has launched two investment funds in which high-net-worth investors can put their money.

"There are a lot of people out there who have always been interested in exploring investment opportunities in adult, but never had a properly managed investment firm," Koenig said. "This gives them a chance to do something more exciting with their money."

Investors with a net worth of at least $1 million can take part, putting their money in a tax-free pool managed by AdultVest. Rather than it "just sitting there," taxed and untouched, Koenig said, the money can grow without being charged taxes until the investor can access it at 65 years old.

The company offers two investment funds, one requiring a $1 million minimum investment and the other a $100,000 investment.

"This is not geared for small investors, looking to put five grand down," Koenig said.

Once money is invested, AdultVest assumes complete control over the decision-making, splitting the investment between companies they believe to be strong, profitable and with a reputable brand name.

"There are no guarantees of performance," Koenig said. "We only accept accredited investors who have no need for liquidity, who are sophisticated enough to understand the risks and have the ability to sustain the loss of their entire investment."

Koenig also said any adult companies looking to go public with AdultVest can register on its website. After filling out a questionnaire, Koenig says AdultVest does the rest of the work.

"We look for strong brands to invest in or acquire; companies that ... can be taken to the next level," Koenig said. "We make it easy for them to gain capital."

Koenig previously was managing director of a Wall Street hedge fund, with 10 years of experience on the "Wall Street track."

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