xbiz world
xbiz premiere

AdultVest Named Hedge Fund Launch of the Year

NEW YORK — A mainstream financial publication recognized adult investment firm AdultVest.com as its hedge fund launch of the year.

Alternative Investment News gave out its Sixth Annual Hedge Fund Industry Awards last Wednesday in New York. The awards honored hedge funds, fund of funds, consultants, endowments, foundations and corporate and public funds.

AdultVest Founder and Chairman Francis Koenig said he was surprised that a mainstream outlet would recognize an adult investment company.

"Thank you for having the courage to nominate us," he said. "It's a great honor to be recognized as a leader and pioneer in a ceremony honoring the careers of several of this century's most successful investors."

AdultVest's most prominent acquisition to date is the domain iPorn.com, which has since been populated with a membership site offering free signups and opportunities to interact with adult performers. AdultVest relaunched iPorn.com in May as a part of EroticaLA.

The mainstream honor isn't the first for AdultVest, which merited a mention in BusinessWeek Magazine.

The hottest new hedge fund may also be the raciest,” wrote BusinessWeek staff writer Jessica Silver-Greenberg, who added that the company is worth $7.9 billion.

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

FSC Unpacks SCOTUS Age Verification Ruling in Webinar

The Free Speech Coalition conducted a public webinar Tuesday to help adult industry stakeholders understand the Supreme Court’s recent decision in FSC v. Paxton, and its potential implications.

UK Lawmaker Calls for Appointment of 'Porn Minister'

Baroness Gabrielle Bertin, the Conservative member of Parliament who recently convened a new anti-pornography task force, is calling for the appointment of a “minister for porn,” according to British news outlet The Guardian.

FSC Toasts Jeffrey Douglas for 30 Years of Service

n the very same evening when the adult industry was hit hard by the Supreme Court ruling supporting Texas’ controversial age verification law, HB 1181, members of the Free Speech Coalition board, staff and supporters gathered to celebrate Jeffrey Douglas’ 30 years as board chair — a fitting reflection of his reputation as an eternal optimist.

TTS Opens UK Testing Location

Talent Testing Service (TTS) has opened a new U.K. location in Ware, Hertfordshire.

FSC: Age-Verification Laws Go Into Effect South Dakota, Georgia, Wyoming on July 1

The Free Speech Coalition (FSC) has published a statement regarding new age verification laws set to go into effect tomorrow in South Dakota, Georgia, and Wyoming.

FSC Responds to Supreme Court Decision on Texas AV Law

The Free Speech Coalition (FSC) has released a statement responding to last week's Supreme Court decision on FSC v. Paxton, the Texas age verification law.

Sex Work CEO Debuts Upgraded 'GPTease' AI Assistant

Sex Work CEO has introduced the new Canvas in-chat editing feature to its AI-powered, NSFW text generator, GPTease.

UPDATED: Supreme Court Rules Against Adult Industry in Pivotal Texas AV Case

The U.S. Supreme Court on Friday issued its decision in Free Speech Coalition v. Paxton, striking a blow against the online adult industry by ruling in support of Texas’ controversial age verification law, HB 1181.

North Carolina Passes Extreme Bill Targeting Adult Sites

The North Carolina state legislature this week ratified a bill that would impose new regulations that industry observers have warned could push adult websites and platforms to ban most adult creators and content.

Supreme Court Ruling Due Friday in FSC v. Paxton AV Case

The U.S. Supreme Court will rule on Friday in Free Speech Coalition v. Paxton, the adult industry trade association's challenge to Texas’ controversial age verification law, HB 1181.

Show More