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Statements

Subject Item
dbr:K1
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dbr:K1_fund
Subject Item
dbr:Goethe_University_Frankfurt
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dbr:K1_fund
Subject Item
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yago:YagoLegalActor yago:YagoLegalActorGeo yago:Company108058098 yago:WikicatHedgeFunds yago:Group100031264 yago:WikicatMoneyManagers yago:BadPerson109831962 yago:NondepositoryFinancialInstitution108419984 yago:Abstraction100002137 yago:Leader109623038 yago:InvestmentCompany108070850 yago:Object100002684 yago:Institution108053576 yago:WikicatDefunctHedgeFunds yago:Administrator109770949 yago:CausalAgent100007347 dbo:Island yago:Organization108008335 yago:Organism100004475 yago:LivingThing100004258 yago:WikicatLivingPeople yago:Wrongdoer109633969 yago:Principal110474950 yago:HedgeFund108071229 yago:Person100007846 yago:WikicatGermanWhite-collarCriminals yago:WikicatWhite-collarCriminals yago:FinancialInstitution108054721 yago:PhysicalEntity100001930 yago:Criminal109977660 yago:Whole100003553 yago:Head110162991 yago:WikicatCompaniesOfTheBritishVirginIslands yago:SocialGroup107950920 yago:Director110014939 yago:YagoPermanentlyLocatedEntity
rdfs:label
K1 fund
rdfs:comment
The K1 fund was a British Virgin Islands based hedge fund, initially marketed to and invested in by mainly German-based private investors, and latterly a series of global banks. With an estimated size of $378million/£249million and $1Bn under management, it collapsed in 2008. It is estimated by administrators Grant Thornton that liquidated funds able to be returned to investors are zero. It is suspected by German regulators BaFin to be a ponzi scheme.
dcterms:subject
dbc:Pyramid_and_Ponzi_schemes dbc:Hedge_funds dbc:Companies_of_the_British_Virgin_Islands dbc:Defunct_hedge_funds
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1055522675
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dbo:abstract
The K1 fund was a British Virgin Islands based hedge fund, initially marketed to and invested in by mainly German-based private investors, and latterly a series of global banks. With an estimated size of $378million/£249million and $1Bn under management, it collapsed in 2008. It is estimated by administrators Grant Thornton that liquidated funds able to be returned to investors are zero. It is suspected by German regulators BaFin to be a ponzi scheme.
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dbr:Dieter_Frerichs
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dbr:Frerichs
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