Gulf Coast Opportunities Fund in the news: A group of investors with local roots bets big on Gulf Coast land

26 Aug 2013 · Bellator Real Estate

13257711-mmmain The Gulf Coast Opportunities Fund is an investment fund created to acquire distressed properties between the Florida panhandle and the Alabama Gulf Coast.

The fund was created by Ralph Reynolds, Billy Stimpson and Cullen Thompson, founders of Bienville Capital Management. The fourth founder is Nathan Cox of Battle Plan Capital.

The goal of the GCOF was to raise $50 million and invest all of it into the acquisition of real estate at distressed prices and prepare the property for development. Over 100 investors across the globe contributed cash with the hope of profiting from the Gulf Coast region’s enormous potential. The fund met their financial goal and exceed it by almost $11 million.

Read the full story HERE.