Marble Ridge Capital

Hedge fund marble ridge capital lp is shutting down after a u s.

Marble ridge capital.

The marble ridge capital founder spent two years as a member of neiman marcus unsecured creditors committee browbeating the troubled retailer into at last giving its lenders a share of its one. Marble ridge capital founder coerced jefferies financial group inc. Dan kamensky s legal crisis deepened thursday as u s. Their last reported 13f filing for q2 2020 included 357 678 000 in managed 13f securities and a top 10 holdings concentration of 95 01.

Government investigation found its managing partner at fault for trying to interfere with neiman marcus group inc s auction of. Daniel kamensky whose marble ridge capital lp specialized in distressed investing and is liquidating its assets was charged with securities fraud wire fraud extortion and bribery related. Marble ridge capital is based out of new york. Into abandoning an offer for shares in bankrupt retailer neiman marcus group inc.

Marble ridge capital is a hedge fund with 5 clients and discretionary assets under management aum of 1 247 509 716 form adv from 2020 03 27. Prosecutors said the marble ridge capital founder coerced jefferies financialinto abandoning an offer for shares in bankrupt retailer neiman. Daniel kamensky the founder of distressed debt hedge fund marble ridge capital was arrested and charged with fraud extortion and obstruction of justice in connection with the bankruptcy. Marble ridge based in new york and founded in 2015 by kamensky a former partner at hedge fund firm paulson co had 1 2 billion in assets under management as of dec.

So his hedge fund could obtain them at a lower. Distressed investment firm marble ridge capital lp plans to wind down its funds after a government report called into question the actions of its managing partner dan kamensky during the neiman.