AdultVest, Inc. Wins Hedge Fund Launch of the Year

Francis Koenig accepts award at AIN 6th Annual Hedge Fund Industry Awards

Jun 27, 2008, 01:00 ET from AdultVest, Inc.

    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: or call Al
 Jones or Adam Shuman at: 323 330 6480.

SOURCE AdultVest, Inc.