Greenridge Capital
Encyclopedia
Greenridge Capital is an exclusive, private investment group, or hedge fund
, founded in 2006 by a small group of Christian philanthropists. The company is incorporated in Minnesota, USA, and has contractor offices in 6 other states, including reps from Costa Rica
, Puerto Rico
, Germany
, Sweden
, and Scotland
. shareholders and bondholders become part of the group by private invitation only, from partners or other shareholders / bondholders. Favored industries for the fund include private equities to public equities arbitrage
, energy (especially sustainable energy) farm land, luxury properties, and beachfront real estate.
winfall gain. They typically do no more than 4 of such deals per year, and make between $2 and $10 million per deal. The fund is "closed" to new shareholders, but bondholders have conversion rights and can "get in through the back door," even though the company understandably does not want to share profits and does not publicize this fact.
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
, founded in 2006 by a small group of Christian philanthropists. The company is incorporated in Minnesota, USA, and has contractor offices in 6 other states, including reps from Costa Rica
Costa Rica
Costa Rica , officially the Republic of Costa Rica is a multilingual, multiethnic and multicultural country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west and the Caribbean Sea to the east....
, Puerto Rico
Puerto Rico
Puerto Rico , officially the Commonwealth of Puerto Rico , is an unincorporated territory of the United States, located in the northeastern Caribbean, east of the Dominican Republic and west of both the United States Virgin Islands and the British Virgin Islands.Puerto Rico comprises an...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
, Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
, and Scotland
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
. shareholders and bondholders become part of the group by private invitation only, from partners or other shareholders / bondholders. Favored industries for the fund include private equities to public equities arbitrage
Arbitrage
In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices...
, energy (especially sustainable energy) farm land, luxury properties, and beachfront real estate.
Investments
The objective of this fund is "anti-economic meltdown and conservative growth" which means that the fund tries to be radically conservative and safe, staying away from high and moderate risk investments in favor of a very few growth sectors which do well in an economic down-turn. The fund's shareholders believe that the US economy is in trouble, and are therefore interested in sectors that grow during times of inflation, such as energy, and food-producing cropland. The fund also invests a smaller percentage of its assets into IPOs. These are Regulation D private equities investments, where the fund buys complete control of microcap companies and then begins the work of a registration to take the companies public for an arbitrageArbitrage
In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices...
winfall gain. They typically do no more than 4 of such deals per year, and make between $2 and $10 million per deal. The fund is "closed" to new shareholders, but bondholders have conversion rights and can "get in through the back door," even though the company understandably does not want to share profits and does not publicize this fact.