Nasdaq-listed Diana Containerships raised $92m from a private placement that also saw Diana Shipping and chief executive Simeon Palios buying shares.
However, the identity of the US fund involved was not previously disclosed.
In a filing with the SEC, it is revealed the move has seen 12 West Capital Fund build a 14.9% stake in the company, while 12 West Capital Offshore Fund has amassed a further 7.6%.
