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598 Company

The name 598 Company is descriptive of the early days of Pinehurst: 1) 598 initial acres was purchased in 1895 (reverse or mirror 598); 2) a total of 5980 acres was purchased by James Walker Tufts.  Thus, 598 is unique in and of itself and descriptive of only one place - PINEHURST, NC.

The 598 Company is being formed as a management company for new business development in Pinehurst; Pinehurst business acquisition; Pinehurst real estate acquisition; Pinehurst business management; Pinehurst small business loan facility; and other Pinehurst oppotunities as appropriate.  Pinehurst iLIFE Fund will be the actual Private Equity Fund, professionally managed by a local FINRA licensed investment advisor.

The Pinehurst community will have the opportunity to invest locally in private equity that is re-invested in local small to medium size businesses and other Pinehurst business related opportunities.  Invest Locally, Put Your Money Where Your Life Is.  10% of the Net Income from 598 Company will be donated to support PARS and its initiatives.