Magnum Shuts Four Funds

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.


In Depth

Direct Lending: What’s Different Now?

Mar 14 2017 | 8:43pm ET

Senior direct lending funds have become riskier over the past four years, with leverage...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of