Estudios de caso

Investigación de un fondo de cobertura con USD 38 millones en fondos malversados

J.S. Held adquiere GLI Advisors para fortalecer sus servicios de apoyo a proyectos de construcción en el oeste de EE. UU. y Hawái

LEER MÁS cerrar Creado con Sketch.

La situación

Hedge fund. $25 million annual sales. Bank debt is minimal.

  • $150 million under investment.
  • Insiders allegedly used $ 38 million.
  • SEC enforcement actions are ongoing, including the forceful taking of most company records and computers.
  • Three owners were building a fund management company. One partner is in jail, the other two are under indictment.
  • They acquired asset management companies and managed several specific-purpose investment entities.
  • Their primary line of investment was market-timing strategies, which were under severe review by the SEC and the mutual fund industry.
  • Investors wanted to redeem their money, but there were no funds available.

Nuestro asesoramiento

Our experts were brought in to review the books and records and assist the SEC-appointed receiver in his investigation.

  • Our thorough review of the company’s activities resulted in the identification of 35 total LLC entities, encompassing 108 bank and financial institution accounts, which were ultimately seized and liquidated for the benefit of investors.
  • In total, we identified over $38 million in misappropriated funds and prepared the majority of the analyses and schedules for the comprehensive Receivers’ report.
  • Our team was hired as advisors to the SEC as part of their work in support of the prosecution by the US Attorney’s office against the individuals.

Contacto clave:

Dan F. Dooley, CTP 
Director ejecutivo sénior
Práctica de Asesoría Estratégica
+1 603 660 8952 
[email protected] 

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