AdultVest Plans Sequel to Priapus Fund

BEVERLY HILLS, Calif. — AdultVest, which recently closed its offering in its Priapus Investment Fund, is counting on an exceptional year with a sequel for investors willing to invest in adult entertainment businesses.

“We are already hard at work on the development of Priapus Investment Fund II and have very high expectations for the new fund,” AdultVest CEO Francis Koenig said. "We have identified a few more opportunities that will close out the year and expect the fund to be fully invested by early 2009.”

Koenig said that adult entertainment has been relatively recession-proof for his first round of investments. "In spite of the U.S. and global economic condition, the Priapus Investment Fund is on track for a great year," he said.

The Priapus Investment Fund this year acquired iPorn. com, HandJob. com and several adult-content libraries.

The fund also invested in the development and acquisition of several Internet technologies, software platforms and mobile technologies, and also acquired a stake in a public company operating gentlemen's clubs.

The Priapus fund requires a $100,000 minimum investment.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

FSC Responds to Supreme Court Decision on Texas AV Law

The Free Speech Coalition (FSC) has released a statement responding to last week's Supreme Court decision on FSC v. Paxton, the Texas age verification law.

Sex Work CEO Debuts Upgraded 'GPTease' AI Assistant

Sex Work CEO has introduced the new Canvas in-chat editing feature to its AI-powered, NSFW text generator, GPTease.

Little Puck Stars in Latest Episode of 'The Bottom Floor' From Adult Time

Little Puck stars in the second episode of Adult Time series “The Bottom Floor,” titled “The Second Coming.”

Haley Spades Stars in Latest From Immoral

Haley Spades stars with Charlie Dean, Matt Bird, and Dean Van Damme in a new three-part release from Immoral Productions, directed by "Porno Dan" Leal.

Octavia Red Makes Her Vampired Debut

Octavia Red has made her Vampired debut alongside Talia Mint and 2023 XMA Europas Female Performer of the Year Tiffany Tatum in the new feature “Hunters.”

Lily Starfire Fronts Latest From Brazzers

Lily Starfire stars with Kyle Mason in the latest release from Brazzers, titled "Eating Ass Is the Game."

Le Wand's 'Petite' Highlighted in NY Magazine Article

Le Wand’s Petite massage wand has been recognized in NY Magazine's The Strategist round-up of top-rated massagers.

Country Hotwife Makes Her WIFEY Debut

Content creator Country Hotwife has made her debut for Vixen Media Group (VMG) studio imprint WIFEY, alongside her husband StagHubby and former XMAs Male Performer of the Year Isiah Maxwell.

Vixen Media Group Celebrates 10 Years of 'Tushy'

Vixen Media Group (VMG) is celebrating the 10-year anniversary of studio imprint Tushy.

Cherry Kiss Stars in Latest 'Blind Dates' From Bellesa

Cherry Kiss headlines the 16th volume of "Blind Dates," from Bellesa.

Show More