New York, NY, January 30, 2010 --(PR.com
)-- First Class Advisors, Inc, a high-end admissions consulting firm focused on providing a range of services to aspiring students applying to undergraduate, graduate and professional education programs at colleges and universities, today announced the closing of a Series A financing. Terms were undisclosed. The Oakwood Investment Group led the round as part of an investor syndicate. The company will use the funds to expand their operations into select international markets in Asia, Europe and Latin America, complementing their current focus on the Northeastern United States and the Western United States.
Oakwood Investment Group acquired the predecessor firm to First Class Advisors in February 2008 and restructured the business with several new hires and seed financing. First Class Advisors provides counseling services and admissions application guidance to students aspiring admission to undergraduate, law, MBA, medical and graduate school. “Traditionally about 75% of the client base for the firm comes from the US and Canadian markets, but a clear trend has been evident with students from abroad, especially the Far East, India and Europe, applying to a host of degree programs in the United States,” said Joseph Cox of the Oakwood Investment Group. “First Class Advisors’ services clearly aid students in differentiating themselves in front of admissions committees. They are the high-end in this new and rapidly growing field.”
In connection with the Series A financing, Joseph Cox of the Oakwood Investment Group joined First Class Advisors’ Board of Directors.
About First Class Advisors, Inc.
First Class Advisors is the pre-eminent university admissions consulting firm. With operations in New York, San Francisco, Zurich, and New Delhi, First Class Advisors is the only university admissions consultancy with international reach. The firm’s consultants have been counseling students applying to undergraduate, graduate, law, MBA, and medical schools with a full range of services, including application guidance and long-term advising.
For information on our college and university admissions consulting services, visit http://www.firstclassadvisors.com.
About the Oakwood Investment Group, LLC
Oakwood Investment Group is a New York-based alternative investment firm. Oakwood’s primary business is to manage client capital through innovative data-driven and special situation strategies. Oakwood specializes in public equity investments in select sectors, a specific set of venture capital and growth equity offerings, and unique credit opportunities. Founded in 2006, Oakwood currently manages three funds: the Peacock Fund, the Special Situations & Alternatives Fund, and the BioPharma Event-Driven Growth Fund.