August 18, 2022

Kerr under pressure in fund revolt [domiciled in Cayman Islands]

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By Tim Hunter From Stuff Investors in a secretive private equity partnership are rebelling against its manager, enigmatic Kiwi businessman George Kerr, as scandal threatens to engulf the $240m fund. The Torchlight Fund, now domiciled in the Cayman Islands, was formed in 2010 to invest in distressed assets such as South Canterbury Finance. The identity […]