William Redford | |
---|---|
Born | 1958 |
Nationality | British |
Occupation | Businessman |
William Francis Redford (born 1958) is a British businessman. He is the chief executive, since October 2014, of Eligere Investments plc, a company formerly traded on the GXG Market in Denmark.
Redford worked for Frahuil S.A., then Phillip Brothers, the commodity trading division of Salomon Brothers, trading vegetable oil. At Philip Brothers he was head of the vegetable oil trading desk. [1] [ better source needed ] Redford has also worked as an interdealer broker in European government bonds. [2]
In September 2014, Redford became a non-executive director of AIM listed LP Hill plc, now known as Emerging Market Minerals plc, as a representative of Kijani Resources Limited. [3]
In October 2014, Redford was appointed chief executive and chairman of Eligere Investments plc, a company traded on the GXG Market in Denmark. [4] [5] Trading in the company's shares was suspended by GXG in early June 2015. [6] The UK's Financial Conduct Authority has warned that Eligere may be providing financial services or products in the UK without their authorisation.
Following a reorganisation in April 2015, the ordinary shares of Eligere Investments were 67% owned by Kijani Resources Limited, a special purpose vehicle of the Kijani Commodity Fund that is a segregated portfolio of the Brighton Segregated Portfolio Company (SPC) based in the Cayman Islands. [5] On 1 June 2015, the Cayman Islands Monetary Authority announced that Brighton SPC had been placed in Controllership following a forensic examination of the fund by accountants. [7]
In June 2015, [8] Redford resigned from Emerging Market Minerals plc following the actions of the Cayman Islands Monetary Authority. [9]
In September 2015, a judge in the Supreme Court of Gibraltar imposed a worldwide freezing order on Redford's assets in connection with an alleged claim of fraud relating to Advalorem Value Asset Fund Limited. [10]
Redford is managing director of Mareeba Group Limited and has a number of other current and former company appointments. He is a director of Silex (UK) Limited and a former director of Silex Fund PCC Limited (in liquidation).
The Children’s Investment Fund Management (UK) LLP (TCI) is a London‐based hedge fund management firm founded by Chris Hohn in 2003 which manages The Children’s Investment Master Fund. TCI makes long‐term investments in companies globally. The management company is authorized and regulated in the United Kingdom by the Financial Conduct Authority. Its holding company is TCI Fund Management Limited, based in the Cayman Islands.
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1Malaysia Development Berhad is an insolvent Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated).
Brevan Howard is a European hedge fund management company based in Jersey with its funds domiciled in the Cayman islands. The company was co-founded by Alan Howard and four others in 2002. It was once described as one of the largest "macro hedge funds" in the world with $40 billion in assets under management (AUM) as of October 2013 before downsizing to $18 billion in 2016. As of June 2019, the firm manages $7 billion. By September 2020, the fund was managing around $10-billion in investor assets across its six offices globally.
GXG Markets was a European Regulated Market which operated a securities market focusing on SME companies by operating a three-tier market structure with an OTC (Over-the-counter) segment called GXG First Quote, a multilateral trading facility (MTF) called GXG Main Quote and a Regulated market called GXG Official List.
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David Dawson Cosgrove is an Irish businessman whose Belvedere Management group claimed to have $16 billion of assets under administration. In 2016 he was barred from serving as an officer of any company regulated by the Mauritius Financial Services Commission (FSC) for a period of 5 years and the funds he managed were liquidated.
Kenneth Jean Georgy Maillard is a Mauritian accountant who is one of the principals of the Belvedere Management group.
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Richard Joseph Fagan is a businessman who created the Kijani Commodity Fund in 2011, later embroiled in a $16bn Ponzi scheme probe. Fagan has never been charged in relation with the probe. He is a shareholder in Kijani Resources Ltd.
Eligere Investments plc was a company that traded in environmental services such as the generation, provision and distribution of voluntary carbon offsets. The company received a warning from the UK's Financial Conduct Authority that it may be providing financial services or products in the UK without authorisation. The company became insolvent in 2017 and was liquidated in April 2020.
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The Kijani Commodity Fund is the largest cell within Brighton SPC, a Cayman Islands based fund. The fund had positive returns for investors in 49 of the 51 months it was trading, which was attributed to strategies such as commodity trading arbitrage. It was seized by Cayman authorities for an inability to verify its assets in June 2015.
Qualifying Investor Alternative Investment Fund or QIAIF is a Central Bank of Ireland regulatory classification established in 2013 for Ireland's five tax-free legal structures for holding assets. The Irish Collective Asset-management Vehicle or ICAV is the most popular of the five Irish QIAIF structures, and was designed in 2014 to rival the Cayman Island SPC; it is the main tax-free structure for foreign investors holding Irish assets.