DENVER, March 21, 2016 /PRNewswire/ -- CAMP Fund LLC today announced its partnership with WealthForge Securities to raise $20M in private capital to buy and resell non-candidate television political advertising time (issue time) during the 2016 election cycle. The private placement offers investors the opportunity to capitalize on rising prices for political advertising that develop in certain television markets as Election Day approaches.
In past election cycles, prices for political ads scheduled to air late in the election season (after October 15) rose substantially in advance of Election Day as the inflow of funds from political organizations fueled a surge in demand. The Company seeks to capitalize on this market dynamic by reserving issue time early in the cycle and reselling it with value-added services later in the election cycle.
"Our experience and our research and analysis of available data confirm that issue advertising time is an appreciating asset," said Dominic DelPapa, founder of the CAMP concept. "CAMP Fund makes available for the first time an investment vehicle to leverage that appreciation."
The Company will cater to large, multi-state buyers of issue time offering favorable pricing over prevailing market rates and a superior, simplified buying experience. The Company has partnered with prominent Las Vegas media agency, R&R Partners, to provide media research, placement and related services.
"The market for issue time has changed substantially over the last several election cycles with the emergence of a new and more sophisticated class of buyers such as super PACs, social welfare organizations and other third party political groups," DelPapa said. "CAMP Fund will offer products and a sales experience tailored to the needs of this new class of buyer. Our compelling value proposition will be a powerful incentive for customers to purchase their media from us."
CAMP Fund's business model prioritizes the protection of investor capital through carefully-crafted risk management measures that allow for unsold placements to be cancelled and deposits returned within a short period prior to airtime. Interested investors should see www.camp.fund.
To assist with risk management and further enhance the investor experience, CAMP Fund has partnered with WealthForge to provide a simplified online process for investors to invest in a fully compliant manner.
"In a time of instability in conventional markets, WealthForge continues to support bringing alternative private equity offerings to qualified investors," said Arthur Weissman, Head of Sales at WealthForge. "We are excited to partner with CAMP Fund on a highly creative and unique business opportunity."
WealthForge helps companies raise private capital by leveraging cutting-edge technology that enables the compliant processing of private placements. Partner companies gain access to the technology and regulatory oversight they need to complete transactions within Securities and Exchange Commission (SEC) regulations. Investors gain access to private placements through one simple button, making it easier for them to invest in pre-vetted offerings. For more information, please visit wealthforge.com.
CAMP Fund, LLC is a short-term, special purpose investment fund founded by three industry veterans of political consulting, media strategies, and corporate legal security and compliance. Each are principals in three separate firms and bring over a combined 100 years of industry experience to the management of CAMP Fund: Dominic DelPapa of iQu Strategies (www.iqustrategies.com), William Chadwick of Chadwick Associates (www.chadwickassociates.com), and Sean Tonner of R&R Partners (www.rrpartners.com).
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SOURCE WealthForge; CAMP Fund, LLC