NEW YORK, June 27 /PRNewswire/ -- AdultVest, Inc., the financial industry's first and only investment company operating in the estimated 100 billion dollar adult entertainment space, won the coveted Hedge Fund Launch of the Year Award. The winners of Alternative Investment News' 6th Annual Hedge Fund Industry Awards were announced on Wednesday evening, June 25th, at a black-tie dinner and ceremony at Cipriani Wall Street in New York City. The awards recognized hedge funds, fund of funds, consultants, endowments, foundations and corporate and public funds that stood out for excellence in alternative investing during the year. In accepting the Award, Francis Koenig, Founder and Chairman of AdultVest, Inc., thanked Alternative Investment News. "Thank you for having the courage to nominate us. 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." After the awards Koenig said further, "The recognition by Alternative Investment News of AdultVest for its leadership in the industry was controversial and at the same time very courageous. We're very happy to have their support. Tonight we made history!" Nearly 500 leaders and luminaries from every facet of the industry were in attendance to see winners announced and awarded 'Oscar-Style'. Michael Steinhardt, a pioneer in the hedge fund world, and Phil Goldstein, Founder of Bulldog Investments, were in attendance to accept their respective awards for Lifetime Achievement and Outstanding Contribution to the Industry along with Koenig's AdultVest, Inc., the Hedge Fund Launch of the Year. Some of the other winners awarded included: Paulson & Co. for Hedge Fund Leader; Institutional Manager of the Year: The Blackstone Group; Public Fund Investor of the Year: Teacher Retirement System of Texas; Corporate Pension Fund of the Year: Railway Pension Trustee Company; Nonprofit Investor of the Year: Texas Christian University. As well as 20 up-and-coming, talented young professionals poised to be future leaders of the industry. For further information log in at: http://www.AdultVest.com or call Al Jones or Adam Shuman at: 323 330 6480.
SOURCE AdultVest, Inc.