Hedge Fund

Liquidation & Investigation

Appointed as Court Supervised Liquidators over the Offshore Feeder Funds in a group of funds, which was purported to be a USD1.7 billion hedge fund family based in New York. The principals were indicted by the SEC in the United States Eastern District Court of New York for overvaluation of assets, the concealment of severe cash flow problems, and the preferential payment of redemptions. Our work includes recovery and review of the books and records of the funds, investigations into the conduct of the service providers and principals of the group in light of the allegations made by the SEC and analysis of the fund flows, financial position and solvency of the funds at key points in the group’s history for the purpose of identifying whether any legal claims exist which may enhance recoveries for the creditors and shareholders.

Key People