SOURCE: THE HERZFELD CARIBBEAN BASIN FUND, INC.

December 23, 2008 16:01 ET

Brigitta Herzfeld Joins Management Team at Thomas J. Herzfeld Advisors, Inc.

MIAMI, FL--(Marketwire - December 23, 2008) - Thomas J. Herzfeld Advisors, Inc. is pleased to announce that Brigitta Herzfeld (30), daughter of firm's founder and chairman, has joined the firm. Her focus will be Asian and emerging market closed-end funds, but she will also be involved in research and operations, including duties related to The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA).

Brigitta is a graduate of Bowdoin College (BA, Government and Legal Studies), Singapore Management University (Asian Executive Management Program), Stanford University (MA, East Asian Studies) and the Massachusetts Institute of Technology, Sloan School of Management (MBA).

Prior to joining Thomas J. Herzfeld Advisors, Inc. she worked at the investment banking firms of Goldman Sachs and Lehman Brothers, Japan. Brigitta is the author of Buying Asia at a Discount, published in the Guru's Corner, CBS MarketWatch (2004) and she spent many summers as an intern in the family business while attending school.

Thomas J. Herzfeld Scheduled to Appear on The Nightly Business Report

Thomas J. Herzfeld, the founder and president of Thomas J. Herzfeld Advisors, Inc. is scheduled to appear on "The Nightly Business Report" with Paul Kangas on December 26, 2008. The show airs on local PBS stations.

About the Firm

Thomas J. Herzfeld Advisors, Inc. specializes in the field of closed-end funds. The company provides discretionary account management services to trade closed-end funds for clients and publishes a monthly research report on the industry, The Investor's Guide to Closed-End Funds. Information about the company and the Herzfeld Caribbean Basin Fund can be found at www.herzfeld.com.

The Herzfeld Caribbean Basin Fund, Inc. is a closed-end fund managed by HERZFELD/CUBA a division of Thomas J. Herzfeld Advisors, Inc. (based in Miami). The Fund seeks long-term capital appreciation. To achieve its objective the Fund invests in issuers that are likely, in the Advisor's view, to benefit from economic, political, structural and technological developments in the countries in the Caribbean Basin, which the Fund considers to consist of Cuba, Jamaica, Trinidad and Tobago, the Bahamas, the Dominican Republic, Barbados, Aruba, Haiti, the Netherlands Antilles, the Commonwealth of Puerto Rico, Mexico, Honduras, Guatemala, Belize, Costa Rica, Panama, Colombia, Venezuela and the United States.

Contact Information

  • For further information contact:
    Cecilia L. Gondor
    305-271-1900

    Thomas J. Herzfeld Advisors, Inc.
    PO Box 161465
    Miami, FL 33116
    www.herzfeld.com