Breakwater Structured Growth Opportunities Fund has Been Approved by a Leading Alternative Investment Custodian for its IRA Platform

Approval by a leading alternative investment custodian opens the door for private debt fund to accept investments from eligible IRA and 401(k) account owners

Los Angeles, CA, September 28, 2010 -- The Compliance Committee of a leading alternative investment custodian in the US has formally approved Breakwater Structured Growth Opportunity Fund, LP (“Breakwater” or the “Fund”) for its IRA (Individual Retirement Account) platform. Accordingly, eligible investors with a Roth or other IRA account or with a 401(k) retirement savings plan can now use this firm as their independent IRA custodian to invest in the Fund.

Breakwater is an open-ended private investment partnership organized in August 2008 under Delaware law. The Fund’s investment objective is to generate both current income and capital appreciation through secured debt investments accompanied with equity participation rights, primarily in growth-oriented companies across a variety of industries.

The independent IRA custodian that has approved Breakwater for its IRA platform is part of a team that serves more than 140,000 clients across the nation with nearly $10 billion in assets under management. The firm and its affiliates provide services to over 110,000 individuals and businesses nationwide, with approximately $8 billion in assets under custodial and retirement administration.

“Breakwater has been receiving significant interest from individuals with Roth and other IRA accounts,” said Saif Mansour, Managing Partner at Breakwater Investment Management, LLC, the General Partner of the Fund. “The approval by a leading alternative investment custodian means the Fund is now positioned to accept subscriptions from such accredited investors.”

About Breakwater Investment Management, LLC
Breakwater Investment Management (www.breakwaterfund.com) is a private investment firm that specializes in direct investments in small to lower middle market growth businesses ranging in annual sales of $5 million to $100 million. The firm serves as general partner of Breakwater Structured Growth Opportunities Fund, LP, a $100 million open-ended private investment partnership organized in August 2008 under Delaware law. The Fund’s investment objective is to generate both current income and capital appreciation through secured debt investments accompanied with equity participation rights, primarily in growth-oriented companies across a variety of industries.

If you would like to know more about Breakwater, visit http://www.breakwaterfund.com or call (310) 479-4056.

Breakwater Investment Management (www.breakwaterfund.com) is a private investment firm that specializes in direct investments in small to lower middle market growth businesses ranging in annual sales of $5 million to $100 million.

Emilia Doerr
Breakwater Investment Management, LLC
Los Angeles, CA
310-709-4620
press@breakwaterfund.com
http://www.breakwaterfund.com

This release was published on openPR.