Saturday, June 30, 2012

Magnum announces hedge funds liquidations: Jericho, MG Secured Debt, TM IndiaStar

Opalesque ? According to Magnum U.S. Investments, Inc, a fund of hedge funds manager and hedge fund sponsor, Jericho Tax Lien Offshore Investments Ltd and Jericho 2010 Tax Lien Fund LP have returned capital to investors and are no longer reporting prices to database companies.

The funds were self liquidating. Jericho 2010 Tax Lien Master Fund, L.P., launched in March 2010, is based in Florida and managed by the General Partner (itself 100% owned by Scott Svirsky and Glenn Chwatt). Autumn Capital Partners LLP are advisors and Magnum provides Jericho with consulting services, back office support and marketing assistance.

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Source: http://www.hedgeco.net/news/06/2012/magnum-announces-hedge-funds-liquidations-jericho-mg-secured-debt-tm-indiastar.html

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