Yun Capital completes financing for Global Media TIGRcub™ Fund I
A ground breaking segment fund focused on private consumer product companies.
Chicago, IL – Feb. 23, 2008 New York based Yun Capital announced today that it closed the $100M financing for its Global Media TIGRcub™ Fund I that will focus on consumer product companies and invest using the TIGRcubs™ security structure developed by Entrex Inc. This fund is now investing in select North American companies that demonstrate the potential for accelerated top-line revenue growth through the implementation of increased marketing efforts. Proceeds from investments will fund brand marketing and promotional programs aimed at growing revenues and building sustainable market share positions.
TIGRcub™ securities, the Fund’s exclusive investment tool, represent an alternative security structure to customary forms of mezzanine debt or preferred equity structures.
TIGRcubs™, or Top-line Income Generation Rights Certificates, are a financing solution that derives investor income through a fixed percentage of top-line revenues. They are non-dilutive to company equity and are structured to offer a lower cost of capital than mezzanine debt in the early years of the life of the security. The proprietary security was developed by Chicago based Entrex Inc., and is licensed to companies and funds, such as the Global Media TIGRcub™ Fund I.
Managing Director and Portfolio Manager, Jung Yun, has considerable experience investing in consumer product companies. She has managed over $4 Billion in portfolios of public companies that were provided with media intensive brand promotion—resulting in accelerated growth and market adoption. Typically this industry segment model of portfolio is structured around public equity securities, but Ms. Yun views her use of TIGRcubs™ simply as an extension of an already successful business investment model moving in to private companies.
Ms. Yun comments, “Utilizing this new security structure, and the associated Entrex asset servicing and support platform, opens up the untapped private sector to our investors and provides current-income returns. Our Fund offers privately held consumer product companies a better way to fund media-intensive marketing programs that fuel their growth and can increase owner equity value.”
About Entrex
Entrex is the place to find, research, track, manage and trade securities for entrepreneurial companies. Through the TIGRcub™ security structure, Investors and Issuers are brought together in a Capital Market System that serves both private and public companies. TIGRcubs™ provide Investors with monthly income, liquidity and investment returns that are not based on exit events, or exposed to the volatility of the equity capital markets—all while providing Issuers a non-dilutive capital solution with risk-adjusted pricing simulating either debt or equity structures. Visit the Entrex website.
About Yun Capital
Yun Capital, headquartered in New York City, has three funds under management. The focus of its investments include: commercial real estate, consumer goods products, new technologies and high growth markets. fund manager, Jung Yun, has a history of proven investor returns with assets under management.
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