Corey Ribotsky Update

This year, 2009 marks the 10th anniversary since the launching of the first direct investment fund at the NIR Group, based in Roslyn, New York. With the perspective of ten years behind him, Corey Ribotsky discussed today’s unsure market and his strategies as Managing Member and Head Portfolio Manager to cope with the special stresses of investing now.
One of the main focuses of the NIR Group in the past has been PIPE investing. According to Ribotsky today’s environment for PIPEs has been “the best I’ve seen in 15 years of investing in this space.”

Believing that it will be beneficial to create a trade group for the PIPE investment space, the NIR Group has been active in beginning such an organization.  “It is something that we have talked about quite a bit over the years with other players in this strategy but it never really transpired,” explained Ribotsky.

The goal is to create a group soon which will be made up of a membership of investors involved in the PIPE space, as well as service providers such as lawyers and accountants and others who also play an important role in this investment strategy. Although the NIR Group itself is really only involved in the micro and small cap market, the group will most probably include those in the mid to larger cap markets. This would tend to include placement agents, broker dealers, investment banks and others.

Alternative investment firm, The NIR Group, LLC.,  headed by head portfolio manager, Corey Ribotsky, focuses on investment strategies that are structured to produce returns in all market environments all the while mitigating risks.

The N.I.R. Group initially focused its investment strategy on direct investments in small/micro-cap public companies that showed emerging growth, in addition to distressed and developmental stage businesses.
View more info on the NIR Group page here.

Opening their new Singapore office, the NIR Group of Roslyn, New York is heading into the future of global investing in the emerging markets of Asia.

Working directly under Corey Ribotsky, managing member of the NIR Group, newly appointed Shoham Cohen will head up the office in Singapore.

“There are numerous opportunities to replicate what NIR has done so successfully in the U.S. and the investment community is looking for alternative investments that are truly non-correlated and provide consistent absolute returns,” added Mr. Cohen.

Shoham Cohen, who will run the new Singapore office for the NIR Group will report directly to Corey Ribotsky, managing member of NIR headquartered in Roslyn, NY.

“Shoham has a proven track-record of growing businesses in Asia and we are confident he will do the same for us,” said Mr. Ribotsky. “His extensive local knowledge will be integral as we expand our presence.”

The NIR Group is an investment firm managing a large variety of investment strategies including direct equity investments.
Always looking for new investment opportunities, Corey Ribotsky is confident that new, expanding markets in Asia will open new possibilities for investment strategies, and Singapore is a centralized, international city which can be a springboard to the entire Asian marketplace.

Corey Ribotsky, Managing Member and Head Portfolio Manager will directly supervise Shoham Cohen as Mr. Cohen heads the new office in Singapore.

Mr. Cohen will be using his talent and experience to identify potential investment partners and develop new strategies for investment in the fast-expanding Asian marketplace.

Shoham Cohen is uniquely suited to this task, coming to the NIR Group after founding and managing ESC Financial Services since 2005. ESC Financial Services is an incubation and structuring boutique company which supported managers of emerging funds and various investment strategies throughout Asia.

The new office in Singapore, led by Mr. Cohen, will identify investment partners throughout Asia and the Far East, including in Japan, Taiwan, Hong Kong as well as in Singapore.

Shoham Cohen, working directly under the supervision of Corey Ribotsky of the NIR Group of Roslyn, New York will be heading up the newly opened Singapore branch of the well-known alternative investment firm.

Mr. Cohen comes to the NIR Group with years of experience which makes him highly suitable for the task of identifying strategic investment partners all over the Far East and Asia.

After working as Director at Innovation Fund, a fund-of-hedge funds based in the Cayman Islands, Mr. Cohen then founded and managed ESC Financial Services in 2005, which was an incubation and structuring boutique firm supporting emerging fund managers and a variety of strategies in Asia.

Prior to his stint at Innovation Fund Mr. Cohen was Managing Director at Quadriga Asset Management. Now known as Superfund, Shoham was a managed futures manager. As such he was responsible for business expansion and development in Asia.

Included among the many worthy causes that Corey Ribotsky and the NIR Group support is The Leukemia and Lymphoma Society. This organization is the largest voluntary organization which is dedicated to supporting through funding research, education and patient services for blood cancer. The goal of the Society is to help in the pursuit of the cure to leukemia, lymphoma, melanoma and Hodgkin’s disease. The Society also strives to help improve the quality of life of the patients with these diseases and their families. The Society was founded in 1949 and since then has invested over $360 in research of cancers of the blood. To learn more about the work of this important organization you can follow this link: The Leukemia & Lymphoma Society.

Corey Ribotsky, head portfolio manager at the NIR Group investment firm of Roslyn, New York,  is not the kind of person to sit back and let life pass him by just because he his successful at his vocation. In addition to having a bustling business life and a dedicated philanthropic life Ribotsky has been an executive producer on two highly successful film projects.

In 2008 Corey Ribotsky helped produce the acclaimed drama, ‘Hounddog’, with Dakota Fanning, Robin Wright Penn and David Morse in the starring roles. The story takes place during the 1950’s in rural Alambama. It is about a young, high-spirited girl and her struggle to overcome the repression she lives with. Directed by Deborah Kampmeier, this is a movie to inspire us to have hope even under the most trying of circumstances.

One of many recipients of funding from the NIR Group of Roslyn New York is the Sunrise Day Camp, the only day camp entirely dedicated  to servicing children with cancer in the United States.

Located in the 300-acre Henry Kaufman Campgrounds on the border between Nassau and Suffolk Counties on Long Island, New York, the beautiful wooded camp offers the fun and excitement of summer camp while allowing the children to return to the safety and comfort of their own homes in the evenings.

The camp is for children being treated for  cancer and related disorders ages 3-16 and charges no tuition or camp fees to the families of these children.

Sunrise Day Camp also offers programing all year long, including a large variety of social and fund-raising events such as the annual “Walk to Help the Sun Rise.”

This is certainly a worthy cause that Corey Ribotsky and the NIR Group are proud to be a part of.

Corey Ribotsky, in his capacity as President of the Board of Trustees of the Children’s Medical Fund of New York, helps to ensure that the children of Long Island and the New York Metropolitan area have access to the best possible pediatric care through building and equipping medical facilities and sponsoring essential programs at the Schneider Children’s Hospital.

Ribotsky is the Managing Member of the NIR Group in Roslyn, New York, which is an active supporter of several major charitable organizations, including the Children’s Medical Fund of New York.

The CMFNY, through its generous funding of programs and equipment, has helped make Schneider Children’s Hospital in New Hyde Park, New York, one of the nation’s top hospitals dedicated to the diagnosis, treatment and research of children’s serious illnesses and their special needs.

Ribotsky and Board of Trustees of CMFNY