Ribotsky and SUNY Stony Brook

Being accepted as a student at SUNY Stony Brook is an impressive feat in and of itself.  But what such a college education can potentially lead to afterwards is even more exciting for its students, including graduate Corey Ribotsky.  Indeed, the educational institution was classified in the top one percent of all universities around the world by the London Times Higher Education-QS World University Ranking.  Another plus for the college is that it is relatively inexpensive (especially compared to other highly reputable universities) and it offers over 150 undergraduate programs.  As well, SUNY Stony Brook hosts many researchers and is the only teaching hospital in a university in the Long Island area.  This university is a wonderfully helpful environment for those wanting to continue on to graduate programs as well.  Perhaps that is why Corey Ribotsky began his educational career there.

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.

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.

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 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.

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.

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.

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.

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.