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Business
May 21, 2011

Trio of billion dollar money managers set for

NEW YORK, NY: They are collectively responsible for managing billions in assets daily and next month a trio of US based investors and money managers will share their expertise and discuss opportunities they’ll consider for investment, at the inaugural Invest Caribbean 2011 Power Breakfast.

The Investing In Paradise event, presented by digital media company, Hard Beat Communications and the Caribbean Tourism Organization in Caribbean Week, is set for set for June 9th from 7:30 to 9:30 a.m. at the New York Marriott Marquis Hotel in New York City.

The forum will feature Martin Mohabeer, the Guyana-born Managing Director of Spackman Group and CEO of Spackman Capital, who currently helps manage $1.3 billion in assets under management by the Hong Kong-based, privately-held investment conglomerate; W. Dave Dowrich, Vice President at Goldman Sachs, which has over 900 billion under its management; and David Brillembourg, CEO of the Brilla Group, who has founded two successful companies, executed over 30 M&A transactions and has raised nearly $150 million over the past decade from private and institutional investors.

Additionally, the event is also slated to feature New York City comptroller John Liu, who helps manage $646 million in pension funds for New York City.

Mario Gonzalez, executive director of the Puerto Rico Tourism Company; Brian Lilly, CEO of Lilly Broadcasting and Chairman of the Caribbean Tourism Organization and St. Kitts/Nevis minister of tourism, Ricky Skerritt will also address participants while several Caribbean tourism ministers of government, commissioners and directors of tourism as well as officials of the Caribbean Tourism Organization, including Secretary General Hugh Riley and others from the business, travel and investment community will be in attendance.

The Hard Beat/CTO forum will be moderated by Professor Temisan Agbeyegbe, professor of Economics at Hunter College and Graduate Center, City University of New York and a research associate with The Caribbean Center for Monetary Studies, The University of The West Indies, St. Augustine, Trinidad and Tobago.

“This is no talk shop but its where real capital meets investment opportunities,” said Felicia Persaud, CEO of Hard Beat Communications. “Entrepreneurs, lenders, developers, hotel chain/management company executives, investment bankers, vacation ownership executives, financial advisors, real estate and financial intermediaries, builders, consultants, lawyers, architects and designers or anyone seeking to do business in the Caribbean, learn about investment opportunities there, raise capital to grow or expand your business or network with top investors and ministers of government should all make it a date to attend this event.”

“The Caribbean is a perfect destination for investment, given its stable governments, its tax incentives, its close proximity to the U.S. and it’s very high literary workforce and its superb beauty and climate,” added Sylma Brown Bramble, director of CTO North America.

The Pennsylvania-based WSEE TV and OneCaribbeanWeather.com, both part of Lilly Broadcasting Corporation, and the Puerto Rico Tourism Company, are the official sponsors of the ‘Invest Caribbean Power Breakfast.’

Additional sponsors include the PR Newswire, CaribPR Wire, The Bahamas Weekly, News Americas Now and the Caribbean American Chamber of Industry and Commerce.

— Carib PR Newswire

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