Plural Industry Holding Group (OTCMKTS:PIHG) Stock Gains Momentum After Partnership For Launch Of New Funds

January 27, 2023January 27, 2023 Madison Hall pihg

This morning there are a number of companies that are expected to be on the radars of investors and one of those could well be Plural Industry Holding Group (OTCMKTS:PIHG).

Partnership For Launch Of New Funds

The company was in the news on Thursday after it announced that it had reached a mutual agreement with 1839 Ventures LLC to collaborate on the launch of a number of funds and investment ventures incorporated in the United States. The investment vehicles and funds are going to be involved in the developing markets, sustainability, and technology. Each of the funds will be involved in one specific space, location, or theme.

The funds are going to be launched by the two firms jointly as soon as a dedicated management team is put in place with the right kind of expertise across sectors and deal flows. One of the other concerns when it comes to the launch of a fund is the size of the fund.

To that end, Plural Industry Holding and 1839 Ventures have decided to keep the size limited to the magnitude of the potential deal flow that could be identified. Plural Industry Holding is currently involved in discussions with various teams with regard to the creation of the funds.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.