Fugitive N.Y. Hedge Fund Manager May Be In Italy

Feb 18 2011 | 3:14am ET

ROME—Brian Kim, the fugitive hedge fund manager charged this week with running a $4 million Ponzi scheme, may be on the lam in Italy.

The Liquid Capital Management founder disappeared last month, failing to appear at his trial on a separate fraud charge, that one for bilking his Manhattan condominium association out of $400,000. But the new tenants of Liquid’s former Manhattan offices said he’s been gone since well before December.

Now, the New York Post reports he may be in Italy, where a friend, Carol Ann Ransaw, lives.

Ransaw, a makeup artist who used to live in Manhattan, had been looking for Kim after he failed to call her over the holidays. But a cagey Ransaw told the Post on Wednesday, “everything’s fine. He’s fine.”

“He’s a really great person, that’s all I can say,” she added.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note