GAM returns full value of Greensill-linked fund

Kathleen Gallagher
clock • 1 min read
GAM returns full value of Greensill-linked fund

GAM has returned the total value of its $842m Greensill Supply Chain Finance fund to clients. "GAM made the decision to close the fund in March last year, the amount returned to clients is based on the net asset value as at March 5th 2021," a spokesperson from the firm said.   "Final payments to clients were made on 28th January 2022 and the closure of this fund marks the end of GAM's legacy business relationship with Greensill." Mitesh Sheth, David Cumming and Georgina Cooper join N...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login