Problem
This fund had a high profile across multiple markets globally. When the federal indictment was handed down, it had to move quickly to understand the implications. First in terms of its own investment decisions, then the impact on LPs.
Solution
Our extensive experience with the Department of Justice enforcement actions in financial services enabled us to move quickly to craft the optimal communications and investor relations strategy. We also worked closely with the portfolio company’s management team and legal counsel to establish key facts and address investor concerns.
Result
We effectively helped communicate that the fund, and company management, was also a victim of this fraud which both addressed the law enforcement action and over the course of the civil litigation, resulted in favorable settlements.