Private investment firm Enhanced Capital 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, says: "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, says: "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."
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