Friday, October 5, 2007

Announcing the Formation of Greystone Private Equity LLC: Financial Leader with Asset Acquisition

Jonathan Reich and Adam Reich, former principals and Co-Presidents of Michael Fox International, are pleased to announce that they have formed Greystone Private Equity LLC, a member of the Greystone family of companies.

Greystone Private Equity LLC specializes in purchasing all categories of assets, including industrial machinery & equipment, real estate, inventory, accounts receivables, as well as controlling and non-controlling equity investments in operating companies.

Jonathan and Adam Reich, Co-CEOs of the newly formed Greystone Private Equity LLC, are former practicing bankruptcy attorneys and have been assisting legal, financial and corporate clients with their surplus asset management needs for over 20 years. Additionally, they both have extensive experience representing debtors, and secured and unsecured creditors in asset sales arising from complex bankruptcy matters and over the years have recovered millions of dollars from asset dispositions on behalf of their clients.

“The financial support and strength that we have from joining the Greystone family of companies enables us to purchase all types of assets, ranging from complete facilities and entire companies as well as single assets,” commented Jonathan Reich, Co-CEO. “We will continue to service the legal, financial and corporate community with their distressed and non-distressed assets but can now provide them with a wider range of services, including asset acquisitions, equity investments, receivables portfolio acquisitions, real estate sale leasebacks, as well as arranging traditional asset disposition services such as auctions, liquidations, and negotiated sales,” said Adam Reich, Co-CEO.



http://www.content.onlypunjab.com/Article/Announcing-the-Formation-of-Greystone-Private-Equity-LLC--Financial-Leader-with-Asset-Acquisition/4200320092003216308