Hedge Fund Chief Accused Of Sexual Harassment

Nov 10 2009 | 10:05am ET

A former hedge fund employee has made several explosive claims against her former boss, Nomos Capital chief Mark Lowe.

Jordan Wimmer, who worked at Nomos for five years, told the Central London Employment Tribunal that Lowe sexually harassed her, openly used prostitutes and forced her to go to strip clubs, the Daily Mail reports. She also claims he used a racial epithet to describe U.S. President Barack Obama.

Wimmer said Lowe brought prostitutes—she said he prefers Asians—to business meetings, and that she was forced to watch him get two explicit lap dances. Despite calling her a “dumb blonde” and saying he didn’t find her attractive, Wimmer said Lowe would still “invade her space.”

She also claims Lowe exclaimed that he couldn’t believe there was a “nigger in the White House” after Obama’s election last year.

Lowe has denied the allegations.

Wimmer is seeking £4 million in damages on claims of sex discrimination, unlawful deduction of wages, unfair constructive dismissal and disability discrimination. She said she was fired in February after spending six weeks at a private psychiatric unit to treat her depression.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note