By J. Lester, September 29, 2008

Mark Paulsmeier has yesterday announces the closure of the GABM Investment Fund III, after a successful round in which another 1 billion US Dollars have been raised from the associate members of Global Association of Billionaires and Millionaires (GABM).

The GABM Investment Fund III $ is the sixth 1 billion US Dollar capital fund in the GABM portfolio that has specifically designed to fund its philanthropic corporate activities.

The GABM Investment Fund III capital is placed with the most successful fund managers in the world to secure a consistent and above average return on investment.

According to Mr. Mark Paulsmeier, President of GABM, fifty percent of the profits of the fund will be utilized as funding capital of the GABM organization's global philanthropic programs.