WebMar 3, 2024 · Credit Suisse later blocked investors from withdrawing money from $10bn (£7.2bn) of funds linked to Greensill. The Swiss asset manager GAM Holdings revealed it was also closing its $842m... WebGreensill Capital, a financial services firm that specialized in supply chain finance, filed for bankruptcy in March 2024, leaving Credit Suisse with billions of dollars in losses. The bank had invested heavily in Greensill Capital's funds, which were backed by high-risk assets. ... Archegos Capital Management was a hedge fund that defaulted on ...
GAM’s great fund unwind leaves Greensill-linked debt …
WebJun 16, 2024 · The GAM-Greensill Supply Chain Finance fund was set up in 2016 and had more than €2bn in assets under management earlier this year. But its AUM has fallen fast in recent weeks as investors redeemed their holdings. The fund currently stands at about €390m, according to Bloomberg data. A Financial News investigation found that … WebMay 18, 2024 · GAM was a major investor in supply chain finance deals arranged by Greensill, including providing hundreds of millions of dollars to metals magnate Sanjeev Gupta’s GFG. Grant Thornton’s... gary glen ross
GAM to initiate orderly wind down of GAM Greensill Supply Chain Fina…
WebMar 2, 2024 · In 2024, Swiss investment manager GAM liquidated its investments in the GAM Greensill Supply Chain Finance Fund (based in Luxembourg), which contained securities linked to Mr Gupta’s companies ... WebMar 31, 2024 · 2 GAM Greensill Supply Chain Finance Fund SCSp, the liquidation of which was announced on 2 March 2024. 3 The peer group comparison is based on … WebMar 3, 2024 · Mar 3, 2024 – 3.12am. Greensill Capital lost another longtime ally after GAM Holding said it’s ending dealings with the firm, further increasing pressure on founder Lex Greensill as he races ... black sports motorcycle