- Advertisement -

Related

Domstol på Caymanöarna fann Weaveringdirektörer skyldiga

- Advertisement -

Stockholm (HedgeFonder.nu) – I mars 2007 tvingades Weavering Capital till likvidatation efter att derivatpositioner värda mer än 600 miljoner dollar fick flagskeppsfonden Weavering Capital Macro Fixed Income att skaka. I fredags fann Cayman Islands (där fonden har sin domicil) näst högsta instans två befattningshavare skyldiga till vårdslöshet alternativt underlåtenhet att utföra sina skyldigheter.

Stefan Peterson och Hans Ekström fick böter om 111 miljoner amerikanska dollar, ungefär 700 miljoner kronor, för deras roll i vad som kallas Sveriges Madoff skandal.

“Det är en helt galen dom. De har letat efter syndabockar och domaren har bara gått på vad konkursförvaltaren har sagt. Man har inte tagit hänsyn till vad styrelsen faktiskt gjort”, säger Stefan Peterson till di.se.

De före detta direktörerna har överklagat domstolens beslut. Enligt di.se så pågår fortfarande utredningar om eventuella kriminella handlingar.

Bild: (C) by Thorben Wengert—pixelio.de

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by a member of the HedgeNordic editorial team.

Latest Articles

Renewables Catch Their Breath

Proxy Renewable Long/Short Energy gained 44 percent through the end of May, propelled by a 14-month rally in the renewable energy investment universe that...

Impega Stays Selective as Fear and Greed Drive Markets

His long-biased equity fund, Impega, is up more than 75 percent in the first half of the year, making it by far the best-performing...

Chelonia Select Stands Out in Difficult July

With the Nordic hedge fund industry broadly in negative territory during July, strong performers were relatively scarce. Among the standouts was stock-picking hedge fund...

DNB TMT Defies Tech Sell-Off in July

July does not appear to have been a particularly strong month for the Nordic hedge fund industry. One notable exception is DNB TMT Long/Short...

Norwegian Hedge Funds Double Assets Since 2020

The Norwegian hedge fund industry has emerged as the standout performer in the Nordic region in recent years, translating strong returns into rapid asset...

Global Hedge Fund Assets Hit Record $5.6 Trillion

Global hedge fund assets climbed to a record $5.6 trillion at the end of the second quarter, driven by a combination of strong investment...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -