SOURCE: The Oceanic Fund

September 27, 2010 12:34 ET

The Oceanic Fund Announces Addition of $100 Million in New Assets

NEW YORK, NY--(Marketwire - September 27, 2010) -  The Oceanic Fund, a boutique structured finance firm, today announced it has added an additional $100,000,000 in new assets under management. These new assets, in the form of cash and cash-equivalents, represent an effective doubling of the firm's asset-base and opens new transaction capability in both size and category.

Fund Founder and Designer of the company's structured finance instruments, Anthony K. Welch, said, "Since inception, our fund has been in high demand. As the world economy continues to decline, owners of capital are unwilling to take risks and until now, enjoy minimal returns, if any. Our structures provide the solution. We continue to attract assets with each passing day as both demand and awareness of our fund grows. We look forward to a stellar year and continued high returns to our fund participants."

The Oceanic Fund is a leader in the financial world with its structured finance solutions and return on capital programs. The Fund targets under-performing or low-yield assets and provides investors with above market returns for low to zero risk metrics. 

About The Oceanic Fund

The Oceanic Fund provides financial and capital asset guarantees as part of structured investment and financing transactions. 

The Oceanic Fund targets two primary transaction classes:

1. $1-$5million short-term structures require equity enhancements or principal guarantees.
2. $20-$100 million, medium to long term transactions requiring Oceanic to fully guarantee the underlying principal and primary capital.

The Oceanic Fund has over $200 million in assets available for approved transactions.

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