S3Investment Company has said that its wholly
owned Redwood Capital subsidiary has opened an office in Ulaanbaatar to allow
the company to work more closely with clients operating in the Mongolia market
as well as explore additional emerging opportunities the country.

“Redwood Capital has
identified Mongolia as an important emerging global market, and the new office
in Ulaanbaatar will allow the company to better assist existing clients and
explore new opportunities with companies that operate in Mongolia,” said
S3 Investment Company Chairman and CEO Jim Bickel. “Establishing a physical
presence in this market is an important step for Redwood Capital, and we expect
to update client activities in Mongolia in the near term.”