AQR takes 4.7% stake in energy SPAC ahead of Hecate merger
What's the deal? AQR Capital Management bought 735,031 shares in EGH Acquisition CorpDealroom has a profile for this one. Try Dealroom → at $10.29 each on June 30, 2026, according to GuruFocusDealroom has a profile for this one. Try Dealroom →. The stake represents roughly 4.74% of EGH's outstanding stock.
Why now? EGH Acquisition and Hecate Energy GroupDealroom has a profile for this one. Try Dealroom → agreed a definitive business combination reported by NasdaqDealroom has a profile for this one. Try Dealroom → on January 22, 2026, under which Hecate is set to become a listed company under the ticker HCTE.
Hecate develops utility-scale energy projects spanning solar, battery storage, wind and thermal generation. EGH completed a $150 million IPO on May 12, 2025.
The signal: Institutional interest in EGH remains limited but present, with AQR Arbitrage, Linden Advisors and LMR Partners among the reported holders.
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