Breakwater Investment Management Appoints Alexander Adamovich
as Strategic Adviser and Member of its Advisory Board
Private investment firm appoints leading independent private equity professional to its Advisory Board
LOS ANGELES, October 2011 — Breakwater Investment Management, LLC ("Breakwater") is pleased to announce that Alexander Adamovich, former Managing Director and Head of Peregrine Direct Investments Limited of Hong Kong, has joined its Advisory Board. Breakwater, a private investment firm, is the General Partner of Breakwater Structured Growth Opportunities Fund (the "Fund"), a private investment partnership that provides growth capital to highly promising smaller businesses.
Mr. Adamovich served as Managing Director and Head of Peregrine Direct Investments Limited, the direct investment arm of the Peregrine Group, Asia's largest independent investment bank with 28 offices in 15 countries. In 1998, Mr. Adamovich bought control of the Investment Company of China, becoming the largest shareholder in 1999. He has served on the board and investment committees of several major investment funds, including the US$850 million Asian Infrastructure Fund.
Mr. Adamovich co-invests with some of the world's most prominent and well-known investors. He is a former lecturer at the Universities of New South Wales, Australia and Hong Kong, and has presented lead papers on Asian venture capital at international conferences, including at the Aspen Institute and the Australian National University.
"It gives me great pleasure to become an adviser to Breakwater," said Alexander Adamovich. "Breakwater has been targeting highly promising growth-oriented businesses, especially US-based companies doing business in international markets such as China, continental Europe, and Australia. As a member of Breakwater's Advisory Board, I look forward to helping Breakwater continue to expand its operations and global reach."
"I am delighted Mr. Adamovich has agreed to join our Advisory Board," said Saif Mansour, Managing Partner of Breakwater. "Mr. Adamovich has been involved in direct investments in countries around the globe and across a wide range of sectors. His strategic insight and investment experience will serve as an invaluable asset to Breakwater."
About Breakwater Investment Management
Breakwater Investment Management is a private investment firm that specializes in direct investments in small to lower middle market growth businesses with annual sales ranging between $5 million and $100 million. The firm serves as general partner of Breakwater Structured Growth Opportunities Fund, LP, a $100 million open-ended private investment partnership organized in August 2008 under Delaware law. The Fund's investment objective is to generate both current income and capital appreciation through secured debt investments accompanied with equity participation rights, primarily in growth-oriented companies across a variety of industries.
If you would like to know more about Breakwater, visit http://www.breakwaterfund.com or call (424) 777-4000.
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