Sitting on Millions of Ready-to-Deploy Funds, Noble Investment Group is Poised to Turn Aggressive
When it comes to having “cautious optimism,” Noble Investment Group appears to have a lock on this attitude which is often brought into play during “we-know-it-will-get-better” times. For the past 16 months, the privately held, Atlanta-based company has made a point of being ultra-conservative in its investment spending, sitting on approximately $206 million in its most recent of three funds. In fact, beginning in May of 2008—well before the markets imploded in the third quarter—the 16-year-old firm did not let loose one dollar for investment from Noble HospitalityFund, LLC, a tactic it touted to investors this past May when posting its first-quarter report. Read more >