FOR IMMEDIATE RELEASE:
November 24, 2015
Contact: Pei Zou - Managing Partner
US Phone: 408-335-4582
Elate Partners and sister company, PA Asset Advisors, announces new Partner
Dallas, TX, - November 23, 2015: Elate Partners, with offices in Beijing, Shanghai and Shenzhen, China, in conjunction with its sister company, PA Asset Advisors in Dallas, Texas, is pleased to announce that Ziad Abdelnour, President & CEO of Blackhawk Partners, New York, NY, has agreed to serve as a board member partner at Elate Partners. Mr. Abdelnour is a master in Wall Street financing channels and operations, has a wide network in the American politics, economy and finance, and will be guiding Elate’s Asset Monetization and other Wall Street related businesses. The partnership will focus on the interests of their clients, from asset-centric oil, gas, mines and specialty real-estate to technology-centric alternative energy, green technology, high-end and equipment manufacturing, new materials, medical and biotechnology, modern agriculture and aerospace.
Mr. Abdelnour stated “I am very pleased about the opportunity this partnership will open up for both of our companies in tremendous new deal flow, co-investment, direct private equity and venture capital investments with funding from China, helping western companies expand into the vast Chinese market, allowing western finance providers access to China's huge untapped asset base, matching needs from Chinese companies with western solutions, and advising western companies on China-related business matters.”
“We’re very excited to have someone of Mr. Abdelnour’s caliber on board with us as we continue our mission of globalizing China’s tremendous capacity and potential.” Pei Zou, Managing Partner at Elate, stated, “China is undergoing a massive transition to a productivity-driven economy focused on a huge domestic market. With excess capital and first-class manufacturing capabilities, China needs western technologies. As its economy slows, Chinese investors are seeking a more globalized allocation of their assets by not only investing cash in better-performing, developed economies such as the US, but monetizing their China-based assets for such purposes. These needs are far from being adequately addressed, but in them lie some of the most promising opportunities of our time. Elate Partners is proud to be the earliest and only organization that builds its business exclusively for and around these needs. With the partnership with well-known Wall Street organizations such as Blackhawk Partners and with Mr. Abdelnour’s statute, we will take our effort to the next level.”
Elate Partners is an investment group backed by large institutional, strategic and wealthy individuals focuses on connecting capital, assets technologies and talents between China and the western world.
Blackhawk Partners is a private “family office” that focuses on Physical Commodity Trading and Private Equity Investments & Advisory Services.
PA Asset Advisors is an international company specializing in asset monetization and commodity trading primarily between China and the US.