SEC Charges Hedge Fund Manager in Scheme Involving Terminally Ill

0
SEC Charges Hedge Fund Manager in Scheme Involving Terminally Ill
PeteLinforth / Pixabay

SEC Charges Hedge Fund Manager in Scheme Involving Terminally Ill

The Securities and Exchange Commission is pressing fraud charges against a hedge fund manager and his firm, accusing them of paying individuals with terminal illnesses to use their names for purportedly joint brokerage accounts, the regulator said Monday. The accounts were then used to purchase investments on behalf of fund manager, who would redeem them early…

Gates Capital Returns 32.7% Tries To Do “Fewer Things Better”

Gates Capital Management's Excess Cash Flow (ECF) Value Funds have returned 14.5% net over the past 25 years, and in 2021, the fund manager continued to outperform. Due to an "absence of large mistakes" during the year, coupled with an "attractive environment for corporate events," the group's flagship ECF Value Fund, L.P returned 32.7% last Read More

Updated on

No posts to display