FORT MYERS, Fla. - Oct. 7, 2015 - PRLog -- Econophy Capital Partners LLC, developer of a hybrid PE fund model™ focused on the Fintech evolution, has received a $100mm Engagement Letter from DeBere Capital Partners in London.
As opposed to the standard private equity (PE) model that features a 10-15 year full performance benefit schedule, Limited Partners gain multiple benefits from the fund's application of a proprietary method for enhancing performance, through Econophy's hybrid PE fund model™, which addresses redemption needs and its candidate selection process. Development for the fund concept and structure occurred from 2014-2015.
Econophy's growth capital strategy has a five-year ROI schedule that utilizes tiered exit options for optimizing investor returns, of which DeBere Capital Partners found intriguing.
“Preferring to focus on hidden champions, PE candidates involve key application areas having various touch points and target segments,” states M. Damian Billy, founder/Managing Partner. “The broad categories of attention are in Consumer Services, B2B Services, Trading and Capital Markets, Back-end Processes, Inter-Industry Services and other related global banking functions and services.”
Incorporated with Econophy's growth capital strategy, beyond the Fintech evolution are several monumental industry events. Each will act as a catalyst toward bolstering individual and overall portfolio component valuations.
Reported by CNBC, the financial crisis of 2008 was in many ways a similar catalyst for the growth of the then burgeoning Fintech market, albeit due to increased oversight that was fueled by consumer discontent. According to Forbes, today Fintech activity has quadrupled from $3 billion in 2013 to over $12 billion in 2014.
Associated with DeBere's capital relationship, Econophy will relocate its current Ft. Myers, Florida operation to Chicago, in addition to setting up a representative office in New York City. It will also establish a London office in order to provide closer proximity to its UK, EU, Far East and Middle East portfolio companies and limited partners.
UK London-based DeBere Capital Partners is an industry recognized leader, with awards in 2014 for Acquisition International M&A, Strategic Capital Raising (UK); 2014 International Hedge Fund Awards, Rising Star Of The Year - Capital Raising, and in 2013, as the UK Private Investment Boutique Of the Year. Award winning London-based DeBere Capital Partners with whom Econophy works in close partnership will act as lead placement agent for the fund. For more information, please see www.deberepartners.com.
Econophy Capital Partners LLC is a five-member team has 100+ years of alternative investment experience. Historically, team member AUM responsibilities have ranged from $1.5 billion to $60 billion, across the spectrum of asset classes and leadership roles, involving private equity; asset management, portfolio management, trading, clearing operations, product development, joint ventures, M&A, channel distribution partnerships, etc.
For more information, please see http://www.econophy.com/.
M. Damian Billy
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Econophy's Fintech model receives $100mm engagement in support its PE strategy
October 07, 2015 at 07:34 AM EDT