Tuesday, 6 October 2015
Last updated 18 hours ago
Jul 3 2012 | 10:15am ET
Magnum U.S. Investments has shuttered four hedge funds, returning capital to investors.
The firm's Jericho Tax Lien Offshore Investments and Jericho 2010 Tax Lien Fund are self-liquidating, Opalesque reports. The funds are also no longer reporting prices to hedge fund databases.
Magnum provided the funds' consulting, back-office and marketing services, while advisory services were provided by Autumn Capital Partners.
In addition, Magnum told Opalesque that it had suspended net asset value calculations for the Jericho All-Weather Opportunity and MG Secured Debt Funds.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…