National Association of Investment Companies And The Marathon Club for Entrepreneurship Host Inaugural Gala for Private Equity Industry

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WASHINGTON-(Business Wire)-January 16, 2009 - The National Association of Investment Companies (NAIC) and The Marathon Club for Entrepreneurship (TMC), will host “The Pathway to Minority Wealth Creation”, The Private Equity Industry Inaugural Gala Reception on Sunday, January 18th, 2009 from 5:00 PM to 9:00 PM at The Ritz Carlton. The event honors the election of Barack H. Obama as the 44th President of the United States and features remarks from the organizations’ leadership, business innovators and key elected officials from across the nation. "Over the years, private equity has been the vehicle we have used to create wealth and positive change for entrepreneurs and businesses in this country. We welcome this historic opportunity to use our experience and skills to further the stated goals of the new administration", said Terry Jones, Managing Partner, Syncom Venture Partners, LLC.

The NAIC and TMC partnered to host this event to acknowledge an important change, contribute to the strengthening of our economy, and to actively support the new Administration. "As we celebrate change and the new Administration, we seek to inspire our guests to use the powerful resources of the private equity industry to create opportunity and wealth in our communities," said Marcos A. Rodriguez, Managing Partner, Palladium Equity Partners, LLC.

A portion of the proceeds from the event will benefit the National Foundation for Teaching Entrepreneurship and the Robert Toigo Foundation.

What:

  The Private Equity Industry 2009 Inaugural Gala Reception
 

When:

Sunday, January 18, 2009
5:00 p.m. – 9:00 p.m.
 

Where:

The Ritz Carlton

1150 22nd Street N.W.

Washington, D.C. 20037

Working media can RSVP for credentials by contacting Jennell Lynch at (202) 204-3031 or jennell@themarathonclub.org

About the National Association of Investment Companies (NAIC) – NAIC is the industry association for private equity firms that invest in an ethnically diverse marketplace. NAIC member companies invest in privately held businesses that have a high probability of growth and the ability to generate significant returns for investors and shareholders. More details are available at www.naicvc.com.

About The Marathon Club (TMC) TMC was founded by NAIC, in partnership with New America Alliance and The Executive Leadership Council. It is focused on enhancing wealth creation for multicultural professionals through successful deal making. TMC’s mission is to enhance the availability and investment of private equity capital into enterprises that have significant minority ownership and management participation. More information is available at www.themarathonclub.org

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