NEVIS, July 18, 2011 /PRNewswire/ -- Zfere Holdings Inc. (www.zfere.com) announced today that it has secured a US $ 100 Million equity facility from Cayman based Equity Partners Funds SPC.
Zfere is an enhanced, converged new media company through wholly owned subsidiaries in Europe, Asia and North America it designs, develops, and implements viable technologies for social media, social commerce, marketing, and Mobile Payment systems.
Speaking about the agreement Chairman Steve Vanderbol said "This funding agreement enables the company to dynamically respond to market activities as well as provides the ability to deploy new technologies markedly ahead of schedule. We are happy that Equity Partners Fund is committed to meet the funding needs of Zfere."
About Equity Partners Fund SPC
Equity Partners Fund focuses on equity investments in public companies with market capitalizations under $1 billion, as well as private companies that will be listed on a securities exchange within six months of a funding commitment. The fund will invest in all sectors including infrastructure, manufacturing, construction, mining, communications, healthcare and finance. Equity Partners Fund sees this as a strategic investment and is interested in the technologies and global applications that Zfere has to offer.
Fund spokesperson Bruce Nelson says, "The fund is considered a private fund run by its principals, similar to a merchant bank that invests its own capital. Unlike hedge funds which have significant regulatory burdens exposing their investors to higher risks, Equity Partners Fund is able to act quickly and is more flexible when it comes to structuring an investment."
For information on Equity Partners Fund SPC go to www.equitypartnersfund.com
Zfere Holdings Inc. (a Nevis, IBC) – Its proprietary Nexus has been designed from its inception to operate seamlessly with mobile devices in order to define and implement the next evolution in communications, commerce, and community.
Please send inquiries to: press@zfere.com
SOURCE Zfere Holdings Inc
