RENN RENN Global Entrepreneurs Fund

RENN Fund, Inc. Shareholders Approve New Investment Advisor

DALLAS--(BUSINESS WIRE)--

The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) held its Special Meeting of Shareholders on June 29, 2017 and approved all proposals.

Horizon Asset Management LLC was elected the new investment manager. The new directors elected were Murray Stahl, Eric Sites, Alice Brennan and Herbert Chain. Russell Cleveland will continue to serve on the Board.

EN
30/06/2017

Underlying

RENNRENN Global Entrepreneurs Fund

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on RENN Global Entrepreneurs Fund

 PRESS RELEASE
Free
RENN RENN Global Ent...

RENN Fund, Inc. Shareholders Approve New Investment Advisor

DALLAS--(BUSINESS WIRE)-- The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) held its Special Meeting of Shareholders on June 29, 2017 and approved all proposals. Horizon Asset Management LLC was elected the new investment manager. The new directors elected were Murray Stahl, Eric Sites, Alice Brennan and Herbert Chain. Russell Cleveland will continue to serve on the Board. View source version on businesswire.com: http://www.businesswire.com/news/home/20170630005556/en/

June 30, 2017 1 EN
 PRESS RELEASE
Free
RENN RENN Global Ent...

RENN Fund, Inc. Announces Adjournment of Special Meeting of Shareholde...

DALLAS--(BUSINESS WIRE)-- The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) today adjourned the Fund’s Special Meeting of Shareholders in order to continue soliciting additional proxies for such meeting. The meeting is adjourned until Thursday, June 29, 2017, at 10:00 a.m. (CDT) at the offices of Thompson & Knight LLP, One Arts Plaza, 1722 Routh Street, Suite 1500, Dallas, Texas 75201. No changes have been made to the record date or the proposals to be brought before the meeting, which are presented in the proxy statement ...

June 5, 2017 1 EN
 PRESS RELEASE
Free
RENN RENN Global Ent...

RENN Fund Board Recommends Shareholders Vote in Favor of All Proposals...

DALLAS--(BUSINESS WIRE)-- The RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) entered into a Letter of Intent on October 19, 2016 with Horizon Kinetics LLC (“Horizon”), through one of its wholly owned subsidiary investment advisers, to become the new investment manager of the Fund, subject to shareholder approval. On April 28, 2017, the Fund filed a definitive proxy1 outlining the proposals submitted to shareholders for approval. The Board of Directors of the Fund (the “Board”) recommends that shareholders vote in favor of all proposals ...

May 22, 2017 1 EN
 PRESS RELEASE
Free
RENN RENN Global Ent...

RENN Fund Enters into Letter of Intent with Horizon Kinetics

DALLAS--(BUSINESS WIRE)-- RENN Fund, Inc. (NYSE MKT: RCG) (the “Fund”) has entered into a Letter of Intent with Horizon Kinetics LLC (“Horizon”) for Horizon, through one of its wholly owned subsidiary registered investment advisers, to become the new investment manager of the Fund, subject to shareholder approval. Under an Investment Advisory Agreement to be submitted to shareholders, Horizon would waive its management fee until the Fund’s assets reach $25 million, following which it would charge only 100 basis points on assets above ...

October 19, 2016 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch