Enhanced Capital and FocusPoint Private Capital Group Launch New Investment Manager Seeding Platform
NEW YORK, Sept. 28, 2015 /PRNewswire/ -- Enhanced Capital ("Enhanced"), a New York-based private investment firm, and FocusPoint Private Capital Group ("FocusPoint"), a FINRA member focused on private capital raising, have formed Enhanced FocusPoint ("EFP"), a partnership to source, seed and launch a series of private investment funds.
EFP will identify talented management teams with investment strategies suitable for institutional investors allocating capital to private funds. This partnership will expand the reach and capabilities of each firm, providing experienced limited partners with new investment strategies.
Four sectors of focus have been identified for the platform: Equity, Credit/Income-Generating, Real Assets, and Special Opportunities. Enhanced and FocusPoint have a long history of backing and raising capital for investment teams using these strategies. EFP has identified initial managers for launch and has commenced meetings with seed investors.
FocusPoint Chief Executive David Conrod commented, "Enhanced Capital is a market leader in specialty finance and asset management. Their investment acumen and breadth of experience from seeding a number of superior investment teams and knowledge of credit strategies makes them a natural partner."
Michael Korengold, President and Chief Executive Officer of Enhanced Capital stated, "FocusPoint's distribution and sourcing network, matched with their expertise in raising capital for first and second-time funds, will accelerate the pool of investment teams to support with seed capital prior to launch of a fund."
About Enhanced Capital
Enhanced Capital is a New York-based, diversified private investment firm focused on established small and mid-sized companies overlooked by traditional sources of capital due to location or size. Founded in 1999, Enhanced Capital's funds finance businesses across its targeted investment, asset management, and tax credit finance platforms. Enhanced is supported by Vulcan Capital and Stone Point Capital's Trident V fund. For more information, visit www.enhancedcapital.com.
About FocusPoint Private Capital Group
FPCG, LLC, d/b/a FocusPoint Private Capital Group is an independent capital-raising firm specializing in private capital markets focused on private equity, credit, real estate, real assets and opportunistic strategies, as well as direct transactions. FocusPoint is a FINRA regulated broker-dealer in the U.S. and is a member of SIPC. For more information, please visit www.fpcgllc.com.
Media Contact:
Nick Pandiscio on behalf of Enhanced Capital
[email protected]
(646) 820-3830
SOURCE Enhanced Capital
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