Fairwater Partners Launches New Hospitality Investment Fund
Fairwater Partners, a New Jersey-based boutique investment group has launched a new hospitality investment fund.
- (1888PressRelease) August 31, 2012 - The effort will be called the Fairwater Hospitality Fund (FHF)
The Fairwater Hospitality Fund was formed to capitalize on opportunities created by the current economic crisis. Amidst a climate of historically scarce capital resources and distressed businesses in the hospitality sector, the Fairwater Hospitality Fund offers a well-capitalized entity and a highly experienced team to take advantage of a broad set of hospitality investment opportunities. The Fund will identify, invest in and add value by restructuring existing concepts and providing needed management assistance and capital to foster expansion and franchising.
"We are launching the FHF Hospitality Fund to provide a vehicle for investing in the hospitality industry," said Mayer Hoberman, a founder at Fairwater and co-manager of the new Fund. "The current economic situation has presented great opportunities in the industry and we hope to be able to maximize our potential in it.
Fairwater Partners (www.fairwaterpartners.com) is a boutique investment group that focuses on the real estate, hospitality and technology sectors. Founded by Mayer Hoberman and David Frankel, the group is based out of New Jersey.
This release contains forward-looking statements relating to the business and financial outlook of Fairwater Hospitality Fund that are based on our current expectations, estimates, forecasts and projections and are not guarantees of future performance. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements.
A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of the offering documents of Fairwater Hospitality Fund. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
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