Wednesday, December 28, 2005

BaseCamp Raises more than $10 Million for Investment Fund

BaseCamp Capital LLC today announced that they have completed fund raising efforts for their latest investment fund, BaseCamp Clayton Investors, LLC (The Fund).

Given the past performance of BaseCamp's investments, The Fund was significantly oversubscribed, and investment was capped at $10,850,000. It is expected that BaseCamp will deploy these funds over a 24 month investment period, and will focus primarily on real estate opportunities, although up to 20% of the funds will be deployed into other business sectors as opportunities arise.