Redwood Group International (RDWD)

[Libra59]

Expansion of Redwood Subsidiary Services to Include Risk Investigation and Evaluation Division

Redwood Group International subsidiary has formed a risk investigation and evaluation division as part of Redwood's overall company subsidiary expansion, which is designed to increase its revenue streams and provide additional synergistic services to clients in the greater China region, including Mongolia. The Redwood subsidiary expansion has included the opening of new offices in Ulaanbataar, Mongolia and Hong Kong as well as the establishment of the Redwood Asia Fund LP, a private equity fund which was formed to facilitate faster capital response to the financing needs of Redwood Capital clients and greater participation in clients' future growth.

The purpose of the new Redwood division is to make risk evaluation for its clients more accurate and objective; to assist investors in the selection of high quality projects; to identify and control project risks; to lower the project risks costs; and to speed up the investment and financing progress.

Through its many years experience engaged in the investment business, Redwood Capital has accumulated significant knowledge in the areas of personal and company background, credit and investment risk factor investigation and evaluation, and has formed an investigation network throughout China with an outstanding staff of investigators and risk consultants.

Redwood has developed very positive relationships and partnerships with related departments of local government, industry associations, leading financial media, financial organizations, and insurance organizations. It has built regional cooperation teams throughout China, which include but are not limited to local legal and accounting firms that further expand the company's network with diversified information access. Redwood has also established long-term relationships with many information database platforms, which broadens its search database.

"The need for risk investigation and evaluation services in China's investment landscape is acute, and by providing scientific, systematic and objective analysis of companies and their management teams, Redwood will allow investors to make the most prudent investment decisions possible," stated CEO Jim Bickel. "Knowing China's business landscape and having a network of government, industry, media, insurance and other key contacts, positions this new Redwood division to be the obvious choice for investors seeking only the best investment opportunities in Chinese companies. This new division will also broaden Redwood's reach in the China investment market, providing additional opportunities for all Redwood subsidiaries."

http://www.redwoodcapinc.com/en/news_read.asp?id=163