The Cayman Islands Monetary Authority has cancelled the mutual fund license of Obelisk Global Fund SPC, citing insolvency, mismanagement, and legal breaches. The regulator determined that the Fund's principals, Winfield Sifton, Matthew Ho, and Jazeb Jones, were "not fit and proper persons".
Cayman regulator cancels the fund license of ‘insolvent & mismanaged’ Obelisk Global Fund
4 weeks ago
Hong Kong investor seeks receiver for Cayman’s ‘insolvent’ Obelisk Global Gold Focus Fund
April 7, 2022