Discussing the current trends and practices of the NIR Group, Corey Ribotsky, Head Portfolio Manager and Managing Member, expressed his opinion to Opalesque Magazine in April, 2009.
Although the NIR Group is generally open to investments in all sectors which show promise, Ribotsky did express a “sweet spot” for small, micro-cap as well as launching into the midcap sector.
The current market has presented many challenges as well as opportunities for new investment strategies, according to Ribotsky. The present credit crunch means more companies need financing, but unfortunately the past has not been reminiscent of today’s situation. Because today’s credit crunch is more serious than past crunches it is especially crucial to be careful with target companies.