Hong Kong investor seeks receiver for Cayman’s ‘insolvent’ Obelisk Global Gold Focus Fund

Eight months after Cayman Islands judge Raj Parker allowed Obelisk Global Gold Focus Fund to continue operating even though it was insolvent, the Fund is being sued again, this time by another creditor – Hong Kong resident Eryi Xu – who claims she cannot redeem her $600,000 investment. The Fund’s principals include Jazeb Jones, Winfield Sifton, and Matthew Ho.