$600M Entrex-Arthur Lipper Funds Moving Toward Completion
Chicago, IL – May 8, 2007 – The proposed Entrex-Arthur Lipper Royalty Investment Funds (EALRIF) are gaining momentum with the bulge bracket financial community—which indicates that the fund management team could have their pick of underwriters for the opening $200M “EALRIF I” (subsequent funds to follow in 2007 bringing anticipated total funds deployed to $600M).
As previously released to the media, Entrex and Arthur Lipper are aligning to create income-generating alternative investment vehicles which are aimed at financing high-performing private companies through the purchase of Royalty Revenue Contracts. The EALRIF’s patent-pending model is based on a new type of security called a Redeemable Revenue Participation Contract (RRPC) unit which was developed by Mr. Lipper. The Fund will purchase, exclusively from Entrex Ensured companies, the right to receive a percent of revenue for an agreed contract period.
Investment bankers and private placement agents are positive about representing the new structure because they believe it will appeal to a broad range of investors. Shareholders anticipate receiving quarterly income, at alternative investment rates, from the fund which is generated based on the collection of royalty-contracts in the portfolio.
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