Gray Ghost Microfinance Fund Launches Web Site and Online Microfinance Investment Resource CenterAtlanta, GA, May 1, 2006
"When I decided to get involved in microfinance some 10 years ago, very little was known or understood about this type of work," said Bob Pattillo, Founder of the Gray Ghost Microfinance Fund. "As one of the first wave of private investors in microfinance, we believe our experience is a valuable asset that can help direct others to participate in global poverty alleviation. We believe we have established a solid reputation in the industry and expect that grayghostfund.com will become the trusted resource for investors interested in exploring microfinance opportunities," he added. Gray Ghost's commitment to providing information and tools intended to assist investors in their understanding of microfinance is illustrated by the type of content on the site. For instance, one section of the site includes information on investment structures and the risks involved in microfinance investing, while another specifically addresses the methodology used by the fund to calculate social return. "We want the people who visit the site to not only know who Gray Ghost is and what microfinance is about, but more importantly to be informed of the unique investment opportunities offered by this industry. In this way, people can stay abreast of the latest trends and developments that will guide their investment decisions," said Paul DiLeo, Chief Executive Officer of the fund. In addition to serving as a Web-based resource for information on the microfinance industry, and as an Internet presence for the fund itself, Gray Ghost hopes its new Web site will highlight the ways in which social investors can actively address the economic needs of some of the working poor around the world. "Microfinance is an important tool in poverty alleviation and one of a few alternative investment opportunities that enables investors to enjoy both financial and social return. We hope our web site will accelerate global awareness of microfinance as both an alternative investment opportunity and as a mechanism for empowering the poor," said Yvonne Johanneson-Jones, Strategic Marketing and Compliance Officer for the fund. # # # ABOUT THE GRAY GHOST FUNDThe Gray Ghost Microfinance Fund, Inc, is a $75-million, for-profit portfolio of investments aimed at connecting private social investors with microfinance opportunities worldwide. As a fund of funds, Gray Ghost hopes to educate the investment community about the dual benefits of microfinance investing as both a means of growing individual wealth and alleviating poverty. The Gray Ghost Microfinance Fund is committed to enriching lives, both financially and spiritually, on both sides of the investment relationship. For more information on the Gray Ghost Microfinance Fund and its work, visit www.grayghostfund.com. MEDIA CONTACTYvonne Johanneson-Jones
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