- 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

How CLO ETFs Are Expanding Institutional Access to Alternative Credit

ETFs have become an increasingly versatile tool in institutional portfolios, moving beyond tactical market access and liquidity management to serve as strategic building blocks....

Nordic Hedge Funds End Summer on a Strong Note

After a brief dip in July, Nordic hedge funds ended the summer on a strong note, gaining an average of 1.5 percent in August....

Colosseum Turns Corner as Douglas Swedberg Joins as Portfolio Manager

After two difficult months in April and May, hedge fund Colosseum Global Alpha has regained momentum over the summer, posting three consecutive positive months....

BMS Adds New Teams and Continues Development of Two Centre Books

Brummer Multi-Strategy (BMS) continued to evolve its portfolio during the first half of the year, adding three specialist teams, parting ways with a U.S.-focused...

Nordic CTAs Bounce Back as Trends Strengthen

The NHX CTA Index rebounded strongly in August, supported primarily by gains in currencies and equity markets. Most managers and sub-strategy groups finished the...

AI Isn’t the Transformation. Your Hedge Fund Operating Model Is.

By Ashish Shrestha, Senior Solutions Consultant at MAIA Technology: Artificial intelligence is moving quickly from experimentation towards implementation across the hedge fund industry. For...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -