FT. LAUDERDALE, Fla., Aug. 18, 2011 (GLOBE NEWSWIRE) -- XEN IX Capital Ltd. announces Dr. Manish Gupta onto the Board Directors of XEN IX Capital, Ltd. Dr. Gupta's experience in life sciences and health will contribute in vetting potential investments in the health care sector.
"The life science sector is vastly growing with new technology emerging constantly. I look forward working with The Board to explore new investment prospects," said Dr. Manish Gupta.
XEN IX Capital's investment criteria are relatively simple. They seek extraordinary teams, potentially disruptive technologies, and a good level of initial product and market success.
"Dr. Gupta brings a new breadth of expertise to The Board of Directors, we feel certain that we will be able to accomplish great feats this year," said Managing Director John Mattera.
About XEN IX Capital, Ltd.
XEN IX Capital is a private equity 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. As one of the world's most agile investment teams, we have the ability to use our operational, investment, and market experience to provide a one stop solution for management teams at any point in their company's life cycle. Our vision is global; our partners international, our companies succeed.
For more information about XEN IX Capital Ltd., please visit:
www.xenixcapital.com
About John Mattera:
John Mattera is currently the Chairman and CEO of The Mattera Reserve, Inc. 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. Mr. Mattera is also Chairman of the Board of XEN IX Capital, Ltd., an 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.