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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

Geschrieben am 15.01.2007 - [Nächster Artikel]


--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------


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
IR@fortune-management.com
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug


end of announcement euro adhoc 15.01.2007 09:18:06
--------------------------------------------------------------------------------


ots Originaltext: Fortune Management Inc.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Mark Kübler +41 41 727 1040

Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Frankfurter Wertpapierbörse / regulated dealing/general
standard
 
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