Wednesday, 26 November 2014
Last updated 13 sec ago
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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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