A long-standing US shipping hedge-fund manager is behind the first flotation of an arable farmland and farming company in the UK, underlining growing investor frustration with shipping company returns
Connecticut industry veteran Jay Goodgal and partner Bill Boase are seeking to raise £3m ($4.4m) in a share placement and listing of their Greenshields Agri vehicle on London’s Alternative Investment Market (AIM) to help fund further expansion of its 2,850-acre portfolio in north-eastern England and Scotland.
