K1 fund
The K1 fund was a British Virgin Islands based hedge fund, initially marketed to and invested in by mainly German-based private investors, and latterly a series of global banks. With an estimated size of $378million/£249million and $1Bn under management, it collapsed in 2008. It is estimated by administrators Grant Thornton that liquidated funds able to be returned to investors are zero. It is suspected by German regulators BaFin to be a ponzi scheme.
Wikipage redirect
primaryTopic
K1 fund
The K1 fund was a British Virgin Islands based hedge fund, initially marketed to and invested in by mainly German-based private investors, and latterly a series of global banks. With an estimated size of $378million/£249million and $1Bn under management, it collapsed in 2008. It is estimated by administrators Grant Thornton that liquidated funds able to be returned to investors are zero. It is suspected by German regulators BaFin to be a ponzi scheme.
has abstract
The K1 fund was a British Virg ...... rs BaFin to be a ponzi scheme.
@en
Wikipage page ID
27,969,022
Wikipage revision ID
720,054,098
subject
hypernym
type
comment
The K1 fund was a British Virg ...... rs BaFin to be a ponzi scheme.
@en
label
K1 fund
@en