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- OTE0006
euro adhoc: Fortune Management Inc. / Joint Ventures/Cooperation/Collaboration / Fortune Management Inc. participates in formation of a Management Company for Private Equity Funds in Abu Dhabi (E)
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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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15.01.2007
Ad hoc Release
pursuant to § 15 WpHG
Fortune Management Inc. participates in formation of a Management Company for
Private Equity Funds in Abu Dhabi
Zug/Switzerland, 15 January 2007 - Fortune Management Inc. (General Standard,
ISIN
USU026281027, SIN: A0BLYY) listed on the German and the Dubai Stock Exchange
(DIFX)
together with the Abu Dhabi based holding company Al Nasser International Group
(ANIG) have established Fortune Super Equity Management LLC (FSEM) with
headquarters in Abu Dhabi.
Fortune Management Inc. holds a 10 percent interest in FSEM.
FSEM has been established as an industrial holding company, structured as a
Private Equity organisation. It will invest, through the establishment of a
series of Private Equity funds, in both long term development projects and in
established companies able to contribute to these projects. It will primarily
focus on the oil, gas, energy, infrastructure, logistics and engineering
sectors.
FSEM has been granted all respective licenses by the United Arab Emirates
authorities.
End of ad hoc release
Profil der FORTUNE Management Inc.:
FORTUNE Management Inc., Zug/Switzerland, is a publicly listed private equity
firm. Its two business divisions are Private Equity Management and Principal
Investments. Private Equity Management achieves consistent revenues from the
management of specialised funds, whereas Principal Investments comprises direct
investments (e.g. in bio-diesel manufacturer GATE or in the Swiss asset
managers Fortune Wealth Management Group AG) with a view to capital gains.
FORTUNE Management Inc. has subsidiaries in Zug, Zurich, Geneva, Luxemburg,
Santiago de Chile, Wuerzburg and Vienna, as well as a branch establishment in
Dubai.
The company's shares (ISIN: USU 026281027) are listed in the General Standard
segment of Frankfurt Stock Exchange (symbol: FMI1) and on the DIFX in Dubai.
Contact:
FORTUNE Management Inc.
Mark Kübler
Phone +41 41 727 10 40
[email protected]
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug
Further inquiry note:
Mark Kübler +41 41 727 1040
end of announcement euro adhoc 15.01.2007 09:18:06
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emitter: Fortune Management Inc.
Bahnhofstr. 10
CH-6301 Zug
phone: +41(41) 7271040
FAX: +41(41)7271041
mail: [email protected]
WWW: http://www.fortune-management.com
ISIN: USU026281027
indexes:
stockmarkets: free trade: Börse Berlin-Bremen, Baden-Württembergische
Wertpapierbörse, Börse Düsseldorf, regulated dealing/general
standard: Frankfurter Wertpapierbörse
sector: Financial & Business Services
language: English
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