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Private equity fund Esopus acquires fashion brand Loehmann

January 15, 2014 (United States Of America)

Esopus Creek Value Series Fund LP-Series A, through a wholly-owned subsidiary, ("Esopus") is pleased to announce that it has closed on its purchase of the entire portfolio of registered trademarks and intellectual property of Loehmann's Holdings Inc. ("Loehmann's").

"Loehmann's is an iconic brand that has served the fashion needs of generations of women and their families for nearly 100 years”, said Andrew L. Sole and Lauren A. Krueger, the managing members of Esopus.

“We are very excited to own Loehmann's valuable portfolio of brands, e-commerce websites, and its customer list. Over the next several months we will evaluate different opportunities and partnerships for the Loehmann's portfolio, some of which have already presented themselves. We look forward to the future".

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