Lincoln Group - Background

Background

According to the group's website, "Lincoln Alliance Corporation, with the assistance of a cadre of investors, formed Lincoln Group to pursue private sector opportunities in Iraq. Lincoln Group brings a unique combination of expertise in collecting and exploiting information; structuring transactions; and mitigating risks through due diligence and legal strategies."

In September 2004, the major PR contract for the Multi-National Corps-Iraq was awarded to Iraqex, a "business clearinghouse company formed specifically to provide a swath of services in the war-torn country." The Washington, D.C.-based Lincoln Alliance Corporation, a "business 'intelligence' company that handles services from 'political campaign intelligence' to commercial real estate in Iraq", set up Iraqex last year. Iraqex has four Iraq offices, including in Baghdad and Basra. Iraqex will develop video and print publications, purchase TV and radio time, and oversee public affairs and advertising for MNC-I, to ensure "that the Coalition gains widespread Iraqi acceptance of its core themes and messages."

Iraqex subsequently changed its name to Lincoln Group, after its holding company, Lincoln Alliance Corporation. Lincoln Group has a $6 million, three-year public relations contract for the U.S.-led Multi-National Corps-Iraq, for which it "develops video, audio and print products to support MNC-I initiatives." It also publishes Iraq Business Journal, a "monthly publication on contract opportunities, life in Iraq and classifieds." The publication recently interviewed Grand Ayatollah Ali al-Sistani, who said foreign investment is acceptable, as long as the investor is not with the "occupation forces" or taking "advantage of any instability." Lincoln Group is no longer looking for interns.

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