Thursday, 26 November 2015
Last updated 14 hours ago
Mar 31 2014 | 1:45pm ET
Greenlight Capital is seeking to buy a green-energy company.
The New York-based hedge fund and the family of real-estate investor James Brickman plan to take a controlling stake in ethanol producer Biofuel Energy Corp., they said last week. Brickman would become CEO of the company after the deal, which would give Greenlight a 49.9% stake in Biofuel.
Greenlight currently owns more than 35% of Biofuel. It will increase its stake through the sale of real-estate assets to Biofuel for cash and stock.
Brickman and his family will own 8.4% of Biofuel after the deal.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…