The Wicks target segments include: middle market television broadcasting; middle market radio broadcasting; community newspapers and related properties; other local market media (where an opportunity exists to acquire more than one media in a market); selected segments in special interest publishing; and selected segments in business-to-business information services.

Wicks intends to follow the same strategy in investing its new Fund as it did in its earlier investment activities.

Wicks held a first closing of the Fund and expects the final closing to be held by year end 1999. Following the first closing of the Fund, Wicks created Wicks Business Information, LLC and has completed two acquisitions in that cluster company.