AdultVest Named Hedge Fund Launch of the Year

NEW YORK — A mainstream financial publication recognized adult investment firm AdultVest.com as its hedge fund launch of the year.

Alternative Investment News gave out its Sixth Annual Hedge Fund Industry Awards last Wednesday in New York. The awards honored hedge funds, fund of funds, consultants, endowments, foundations and corporate and public funds.

AdultVest Founder and Chairman Francis Koenig said he was surprised that a mainstream outlet would recognize an adult investment company.

"Thank you for having the courage to nominate us," he said. "It's a great honor to be recognized as a leader and pioneer in a ceremony honoring the careers of several of this century's most successful investors."

AdultVest's most prominent acquisition to date is the domain iPorn.com, which has since been populated with a membership site offering free signups and opportunities to interact with adult performers. AdultVest relaunched iPorn.com in May as a part of EroticaLA.

The mainstream honor isn't the first for AdultVest, which merited a mention in BusinessWeek Magazine.

The hottest new hedge fund may also be the raciest,” wrote BusinessWeek staff writer Jessica Silver-Greenberg, who added that the company is worth $7.9 billion.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Niki Media Acquires BritSexCash

Production studio Niki Media BV has acquired affiliate program BritSexCash.

FSC Warns of Nude Photography Site Falsely Claiming Affiliation With Organization

Free Speech Coalition (FSC) published a statement Friday warning of a nude art photography website fraudulently claiming to be associated with the industry trade organization.

MojoHost Reaffirms Commitment to Adult Industry Amid Project 2025 Implications

In the wake of Tuesday's election and amid concerns about the possible ramifications for the adult industry, MojoHost President Brad Mitchell has releases a statement addressing Project 2025 and the future of the industy.

Adult Web Hosting Service 'Midnight-Host' Launches

Midnight-Host, a new web hosting service designed specifically for adult websites, has launched.

ASN Lifestyle Magazine Joins Pineapple Support as Media Sponsor

ASN Lifestyle Magazine has joined the ranks of over 60 adult businesses and organizations committing funds and resources to Pineapple Support, partnering with the organization as a media sponsor.

Adult Industry Reacts to Trump Victory

On Tuesday, former President Donald Trump was reelected, defeating Vice President Kamala Harris to reclaim the office he lost four years ago.

Fetisfy Online Fetish Marketplace Launches

Fetisfy.com, an online marketplace for users to sell fetish items, has launched.

Pineapple Support Launches 'Spill the Tea, Colombia' Community Support Event Series

Pineapple Support has launched "Spill the Tea, Colombia," a monthly, in-person community support event for adult industry professionals.

Streamster Launches 'Tip2Peep' Camera-Switching Feature

Live-streaming software provider Streamster has launched Tip2Peep, a new feature that allows viewers to switch between multiple webcam viewing angles by tipping the creator.

Tyler Wu Guests on Chaturbate's 'Sex Tales' Podcast

Tyler Wu is the latest guest on Chaturbate’s “Sex Tales” podcast, hosted by Melissa Stratton and Vanniall on the company’s “Camming Life” YouTube channel.

Show More