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Hedge Fund to Set Up Shop in Greenwich

GREENWICH, CT-Amaranth Advisors, LLC a newly formed hedge fund, has signed a 19,758-sf sublease deal at the Greenwich American Center here.

By John Jordan | Updated on February 21, 2002

GREENWICH, CT-A newly formed hedge fund has signed a sublease for 19,758 sf of space at the Greenwich American Center, according to Cushman & Wakefield of Connecticut, who was a broker in the transaction.

Cushman & Wakefield officials described Amaranth Advisors, LLC as a recently formed financial services firm that is currently hiring staff and should occupy its space at the 600,000-sf complex that is the former headquarters of the American Can Co., in the next 30 days. The property was built in 1970 and sits on 155 acres of land adjacent to King Street near the Connecticut/New York border. American Can vacated the property in the 1980s and the building was renovated for multi-tenant use in the late 1980s.

Meredith Siburn and Jay Hruska, associate director and executive director respectively of Cushman & Wakefield of Connecticut represented the sublessor Bay View Bank in the deal. Steven Greenbush of Insignia/ESG’s Westchester-Connecticut office and Robert Martin of the firm’s New York City office represented Amaranth Advisors in the transaction. The sublease deal has a six-year term, according to officials with Cushman & Wakefield of Connecticut.

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