After five years of Fundamental Global Investors’ oversight, three public companies have weakened financially and their share prices have collapsed. Many minority investors in these three public companies, as well as the hedge fund’s limited partners, have absorbed steep losses.
A former submarine weapons officer turned hedge fund manager, Bryan Caisse was arrested on Saturday in Bogota, Colombia, by officers from the Department of State’s Diplomatic Security Service.
Over five days in mid-October, prosecutors with the New York County district attorney’s major economic crimes unit brought forth a stream of witnesses who told a grand jury about a money manager named Bryan Caisse.
On Aug. 4, 2012, a bright young mortgage department employee at J.P. Morgan named Ben Sayer was all smiles: The head of a rapidly expanding hedge fund said to have almost $200 million in assets — one Anthony Davian of Davian Capital Advisors — had invited him to attend his fund’s annual golf outing for clients at the swanky Firestone Country Club in Akron, Ohio.