Businessman In Bitter Dispute With Canadian Billionaire Over Failed Casino Deal Arrested In Dominican Republic


Businessman in bitter dispute with Canadian billionaire over failed casino deal arrested in Dominican Republic

A Canadian businessman embroiled in a bitter dispute with one of Canada’s wealthiest men over a US$112-million investment in Caribbean casinos has been jailed in the Dominican Republic, officials say. Glenn Lowson/NP/Files Billionaire Michael DeGroote was caught up in a bizarre case of a soured investment that drew in a cast if characters, including Montreal mobster…

Abacab Fund Sees Mispricing In Options As Black-Scholes Has Become “Inadequate”

Abacab Asset Management's flagship investment fund, the Abacab Fund, had a "very strong" 2020, returning 25.9% net, that's according to a copy of the firm's year-end letter to investors, which ValueWalk has been able to review. Commenting on the investment environment last year, the fund manager noted that, due to the accelerated adoption of many Read More

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