xbiz world
xbiz premiere

AdultVest Plans Sequel to Priapus Fund

BEVERLY HILLS, Calif. — AdultVest, which recently closed its offering in its Priapus Investment Fund, is counting on an exceptional year with a sequel for investors willing to invest in adult entertainment businesses.

“We are already hard at work on the development of Priapus Investment Fund II and have very high expectations for the new fund,” AdultVest CEO Francis Koenig said. "We have identified a few more opportunities that will close out the year and expect the fund to be fully invested by early 2009.”

Koenig said that adult entertainment has been relatively recession-proof for his first round of investments. "In spite of the U.S. and global economic condition, the Priapus Investment Fund is on track for a great year," he said.

The Priapus Investment Fund this year acquired iPorn. com, HandJob. com and several adult-content libraries.

The fund also invested in the development and acquisition of several Internet technologies, software platforms and mobile technologies, and also acquired a stake in a public company operating gentlemen's clubs.

The Priapus fund requires a $100,000 minimum investment.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Lily Starfire on Power, Pleasure, and Listening to Her Body

On any given day, you might easily pass Lily Starfire in a park or notice her picking out vegetables at the market, and never guess that she’s one of the adult industry’s rising stars. Not because she doesn’t look the part — she’s radiant — but because there’s zero diva energy here, just a young woman with an easygoing smile, a contagious laugh and a friendly aura that whispers “Georgia roots.”

Destiny James, Breezy Bri Headline 'Lesbian Step-Daughters 8'

Destiny James and Breezy Bri topline “Lesbian Step-Daughters 8” from Girlfriends Films.

Spicey AI Relaunches Site, Debuts $Spicey Tokens

Interactive voice chat platform Spicey AI has relaunched its website and introduced $Spicey tokens.

Liz Jordan, Sarah Illustrates Star in 3rd Installment of Blacked Feature 'The Blueprint'

Liz Jordan stars with Vixen Media Group exclusives Sarah Illustrates and Jason Luv in the third installment of studio imprint Blacked's new feature, "The Blueprint."

FSC: Missouri Age Verification Rule Will Not Take Effect August 30

The Free Speech Coalition (FSC) announced that Missouri's proposed age verification legislation will not take effect on August 30, as it had originally estimated.

Little Caprice, Marcello Bravo to Co-Host 2025 XMA Europa Awards

XBIZ is pleased to announce that husband-and-wife duo Little Caprice and Marcello Bravo will co-host adult’s biggest night in Europe: the 2025 XMA Europa Awards on Sept. 4, in the epic climax to XBIZ’s fall events series.

TEAs Reveal 2026 Event Dates

The 2026 Trans Erotica Awards (TEAs) and related festivities will take place March 6-8 at Avalon in Hollywood, organizers have announced.

Alex Fine Details Her Journey as Dame CEO, Pleasure Activist

Alex Fine’s venture into the world of sextech began with a master’s degree in clinical psychology from Columbia University. Her original goal was to become a sex therapist, but in 2014, she recognized a much broader opportunity.

Germany Will Block Payments to AV-Noncompliant Adult Sites as of Dec. 1

Starting Dec. 1, Germany will implement new rules prohibiting financial institutions from providing payment services to adult sites deemed to have inadequate age verification systems and making it easier for the government to target websites mirroring the content of such sites.

Le Wand Introduces 'Dual Stimulation' Vibe Collection

Le Wand has debuted its new Dual Stimulation vibrator line.

Show More