AdultVest, claiming 50% growth, sinks money into porn for iPod, among other things
(NEWSER) - Looking for a conservative investment? Forget bonds and go for bondage—or, at least, that’s the pitch for AdultVest, a hedge fund its CEO tells the Atlantic is an adult-entertainment industry first. The spiel: AdultVest is up 50% in the past year (based on “very conservative” appraisals), and the porn industry, which hasn’t seen much outside investment, generated approximately $12 billion in 2007. More»
