LUXEMBOURG, Feb. 23, 2011 (GLOBE NEWSWIRE) -- Investor and entrepreneur John Mattera today announced the launch of a brand-new investment fund, Wilshire Capital Partners Group, LTD. ("Wilshire CPG"). The new fund will make a handful of major investments each year focused on clean energy, green technology and cutting edge social networking tools.
"This new fund was created to help great teams grow into market leaders," said Mattera. "We focus on exceptional ideas that truly have the capacity to transform markets and redefine industries. We're impressed with the investor interest the firm has already garnered and look forward helping our portfolio companies succeed."
The firm will be led by John A. Mattera, who will serve as managing director, and by Liz Evans, who will serve as director. John Mattera is currently chairman and CEO of The Mattera Reserve and Chairman of the Advisory Board at the Praetorian Fund. Evans brings over twenty years of experience in energy capital markets to Wilshire CPG.
About Wilshire CPG
Wilshire CPG is a newly formed investment fund that helps great teams grow into market leaders. From groundbreaking social networking, to the latest in clean energy innovation, we're interested in turning exceptional ideas into industry-disruptive technologies. We look for proven teams and technologies that have the capacity to grow into industry leaders with the help of our capital and relationship base. We make only a handful of investments each year which allows us to focus our time and resources on making our portfolio companies succeed. For more information, please visit: www.wilshirecpg.com.
About John Mattera:
John Mattera is currently the Chairman and CEO of The Mattera Reserve a Worldwide Private equity firm with investments in 23 countries. Together with The Mattera Reserve's partners, the company has backed many of the world's best entrepreneurial leaders. John Mattera is also the Chairman of the Advisory Board for The Praetorian Group, a newly formed investment firm combining the disciplines of traditional private equity, venture capital, and related debt and lending strategies to provide business-building solutions to growing firms across nearly all industries.