Fund Established: 2012
Fund Status: Closed
Fund Size: 1-Billion US Dollar
Maximum Investment: Open
Minimum Investment: 1-Million US Dollar
Geographical Preference: Worldwide
Industry Focus: Corporate rescues
and more specifically turnarounds, restructurings, bankruptcies and other
special situations.
Fund Lifetime: Fixed – Life
GABM announces the launch of the GABM
Special Situations Fund I
Press
Release: September 3, 2012
Global
Association of Billionaires and Millionaires (GABM) is pleased to announce the
launch of the GABM Special Situations Fund I, which is the organization’s 7th
$1-Billion US Dollar capital fund.
The
focus of the GABM Special Situations Fund I will be corporate rescues and more
specifically turnarounds, restructurings, bankruptcies and other special
situations.
The
GABM Special Situations Fund I is the 4th oversubscribed fund raised
by GABM over the past 7 years and include leading corporate as well as
individual GABM members.
Fund Established: 2012
Fund Status: Closed
Fund Size: 1-Billion US Dollar
Maximum Investment: Open
Minimum Investment: 1-Million US Dollar
Geographical Preference: Worldwide
Industry Focus: Corporate rescues
and more specifically turnarounds, restructurings, bankruptcies and other
special situations.
Fund Lifetime: Fixed – Life
GABM closes the $1-Billion US Dollar GABM
Special Situations Fund II
Press
Release: September 3, 2012
Global
Association of Billionaires and Millionaires (GABM) announces the closure of
the GABM Special Situations Fund II, after receiving more than double the
amount of investment commitment requests on the $1-Billion US Dollar GABM
Special Situations Fund I.
The
GABM Special Situations Fund II is the 8th $1-Billion US Dollar
capital fund of Global Association of Billionaires and Millionaires and would
just like the GABM Special Situations Fund I focus its investments on corporate
turnarounds, restructurings, bankruptcies and other special situations.
Mark
Paulsmeier, President of GABM, said “We are absolutely delighted by the
positive reception of the GABM Special Situation Funds received from our
international membership collective. The demand for our new funds clearly
reflects the success of the GABM Funding Model.”