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New PE/VC firm PPI debuts

Newport Beach, California-based Pelican Point Investment Group LLC, a new private equity, late-stage venture and merchant banking firm, has launched. Ike Suri is serving as PPI’s chairman and CEO while Adam Chaudhary is the president.

PRESS RELEASE

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pelican Point Investment Group, LLC (“PPI”) is pleased to announce its launch. The firm is founded by Ike Suri, its Chairman & CEO, and Adam Chaudhary, its newly appointed President. The team continues to stay together from Pelican Point Capital Partners, where they spent 3 years running and driving the transactions. PPI, its partners and the global advisory board will remain with this new entity and continue to pursue investments in technology, media, real estate, commodities and special opportunities globally. PPI is as a boutique private equity, late stage venture capital and merchant banking firm.

PPI has acquired a 100% interest in its portfolio company FundingShield, LLC, a Financial Technology/Service company focused on the compliance and fraud risk management of residential mortgage settlements for clients such as US Top 10 banks. Adam Chaudhary was appointed President of this portfolio company of PPI, where he has collaborated with Ike Suri, its Chairman, in a successful turnaround of FundingShield, LLC over the past 2 years. They will continue to drive the growth of the company through organic and inorganic strategies such as acquisitions and partnerships in the fin-tech and financial services markets. Ike has a track record of generating growth and building enterprise value for companies over his 25+ years of leadership experience.

PPI’s affiliate Pelican Point Media, LLC (“PPM”) has made headway in the film media space having financed Print and Advertisement transactions for Hollywood productions, and produced numerous Hollywood films with prolific producing partners, namely Cassian Elwes – former Head of William Morris Agency’s Indie-Film Unit, Brad Epstein – former President of Tribeca Productions and Senior Executive Producer at Disney, and Eli Roth – highly acclaimed Director and Producer of horror films.

Further PPI is engaged and retained by institutional and ultra-high net worth partners to strategically originate, structure and finance commercial real estate opportunities. PPI is strategically aligned to co-invest with several global banks that have a proven track record in real estate lending. The leadership team continues to generate a unique proprietary deal flow, and invest directly and indirectly with established capital partners.

The firm is based in Newport Beach, CA, and for further information please visit PelicanPointInvestments.com, email info@pelicanpointinvestments.com or call +1 949 706 7888.