Atlantic-Pacific Capital Completes Private Investment in WisdomTree.GREENWICH, Conn. -- Atlantic-Pacific Capital, the largest independent global placement agent for alternative investment funds Noun 1. investment funds - money that is invested with an expectation of profit investment assets - anything of material value or usefulness that is owned by a person or company and direct private placements, is pleased to announce that it has made a strategic investment in WisdomTree Investments, Inc. (Pink Sheets: WSDT WSDT Washington State Department of Transportation .PK). Atlantic Pacific Capital and its principals along with AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group Global Investment Group were the lead investors in a $56 million financing completed by WisdomTree on December 22, 2006. WisdomTree has become an important innovator in the world of indexing and ETFs by offering investors a viable alternative to traditional market cap-weighted index products. Within the past seven months, WisdomTree has launched 30 ETFs and grown assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. to over $1.5 billion. "We are delighted to be investing in WisdomTree. The future of fundamentally weighted indexing is enormous and WisdomTree is well positioned to become a significant player in this growing market. WisdomTree's innovative and unique approach sets the company far apart from its competitors. We believe its ever expanding product line offers investors the best alternatives in the ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). market," stated James Manley, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Atlantic-Pacific Capital. "This is the largest investment Atlantic Pacific Capital and its principals have made to date." Jonathan Steinberg Jonathan Steinberg is the Walter H. Annenberg Professor of Modern European History and Chair of the Department of History at the University of Pennsylvania. He received his A. B. from Harvard University and his Ph.D. from Cambridge University. , CEO of WisdomTree added, "This financing caps a remarkable year for WisdomTree and strengthens us for the future. The commitment by two well-respected investment firms will accelerate WisdomTree's development towards becoming a world-class asset management company and leader within the ETF space. We would like to thank Atlantic-Pacific Capital for partnering with us to convey our strategy to a diverse group of investors around the globe." About Atlantic-Pacific Capital, Inc. With offices in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia, Atlantic-Pacific Capital, Inc. is a leading global placement agent solely dedicated to raising capital for alternative investment funds and direct private placement transactions. Typical projects include private equity, real estate and hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" placements, as well as private placement financings in support of acquisitions, buy-outs and growth capital transactions. Founded in 1995, Atlantic-Pacific has raised in excess of $28 billion for its clients and has developed relationships with over 4,000 alternative investors worldwide. For more information, visit www.apcap.com. About WisdomTree Investments, Inc. WisdomTree Investments, Inc. has developed the first family of fundamentally weighted indexes and ETFs. The WisdomTree Indexes cover all major market capitalizations, both domestically and internationally. In contrast to capitalization-weighted indexes, the WisdomTree Indexes anchor the initial weights of individual stocks to a measure of fundamental value. WisdomTree believes its approach provides investors with a viable alternative to market cap-weighted indexes. For more information, visit www.wisdomtree.com. |
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