Corey Ribotsky News

Based in Roslyn, New York, the NIR Group celebrates its tenth anniversary since it created its first direct investment fund in 1999. Discussing the current investment environment with the perspective of ten years as Managing Member and Head Portfolio Manager, Corey Ribotsky shared some thoughts with Opalesque Magazine.

Ribotsky’s investment strategy is “agnostic” and is not wedded to a particular sector of the marketplace. Rather, according to Ribotsky, the NIR Group has been seeing excellent opportunities in all industries. He is especially excited by the clean-tech (green) company transactions which ‘we are watching closely because we really believe that those technologies will become the forefront of a new tech boom.’

Because of the high expectation Ribotsky has for this sector, the NIR Group is watching closely and diligently reviewing the deals in the green industry sector.

In spite of the fact that 2008/2009 was a difficult year for global markets, the NIR Group of Roslyn New York was able to boast a successful fund, the AJW Offshore II, which was listed among the top 50 Hedge Funds in the prestigious Barron’s list of top 100 Hedge Funds of 2008.
According to Barron’s, AJW Offshore along with the other listed funds, earned annualized returns over a three year period in the double digits, and the majority were headed upward for 2008.
Hedge funds are designed to do well in weak markets, and the AJW fund performed like a charm.
Follow the link to see the entire list as published in Barron’s.