Ebullio faces bankruptcy at hands of investor
Posted: Mon Aug 29, 2016 9:12 am
Ebullio Capital Management is facing getting wound down after failing to pay a court-ordered judgement to an investor.
In March, Ebullio Capital Management was ordered to compensate a fund investor £150,000, the maximum allowable, plus 8% interest. After waiting a mandated period for payment, the investor will be filing to appoint a liquidator.
In a recent email exchange with the investor made available to Finance Magnates, Lars Steffensen, founder and executive managing partner of the fund accused the investor of making things “personal” and wrote: “The only thing I have scant regard for is you. And you can include scorn and slight ... (read more)