What are the assets they are acquiring?
I am trying to make sense of this.
I looked thru the web page and still do not understand. All I know is we are giving them xxx number of preferred stock for assets?
This is all I can find:
Our Strategic Vision
NVC Fund Holding Trust intends to be one of the premier asset managers and private equity investors in the world. We are poised to leverage the full value of our tremendous asset base to fund projects and programs. We intend to offer our support and platform to entrepreneurs and visionaries that may otherwise not be ready for, or fall outside, the normal Wall Street “circle.”
On the strength of our asset base, it is our goal to acquire an existing AAA rated financial insurance guaranty company and a Bank Holding Company. We believe such a strategic move will give NVC Fund Holding Trust the capacity and existing infrastructure to become a major force as a project guarantor and financier.