{"id":34594,"date":"2013-03-27T09:54:47","date_gmt":"2013-03-27T13:54:47","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34594"},"modified":"2013-03-27T10:20:59","modified_gmt":"2013-03-27T14:20:59","slug":"connecticut-hedge-fund-managers-charged-with-securities-fraud","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2013\/connecticut-hedge-fund-managers-charged-with-securities-fraud.html","title":{"rendered":"Connecticut Hedge Fund Managers Charged With Securities Fraud"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/03\/download.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-34612\" alt=\"\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2013\/03\/download.jpg\" width=\"329\" height=\"223\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/03\/download.jpg 470w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2013\/03\/download-300x203.jpg 300w\" sizes=\"auto, (max-width: 329px) 100vw, 329px\" \/><\/a>New York (HedgeCo.Net) &#8211; Connecticut-based hedge fund managers David Bryson, Bart Gutekunst and their advisory firm, New Stream Capital, LLC, have been accused of\u00a0lying to investors about the capital structure and financial condition of their\u00a0$750-plus million hedge fund focused on illiquid investments in asset-based lending.<\/p>\n<p>The SEC also charged New Stream Capital (Cayman), Ltd., a Caymanian adviser entity affiliated with New Stream, Richard Pereira, New Stream\u2019s former CFO, and Tara Bryson, New Stream\u2019s former head of investor relations, for their role in the scheme.<\/p>\n<p>The SEC alleges that the hedge fund fraudulently raised nearly $50 million in new investor funds on the basis of misrepresentations. The\u00a0hedge fund was facing $545 million in redemption requests when they filed for Chapter 11 bankruptcy in March 2011.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Connecticut-based hedge fund managers David Bryson, Bart Gutekunst and their advisory firm, New Stream Capital, LLC, have been accused of\u00a0lying to investors about the capital structure and financial condition of their\u00a0$750-plus million hedge fund focused on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3],"tags":[],"class_list":["post-34594","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-fraud","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=34594"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34594\/revisions"}],"predecessor-version":[{"id":34613,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34594\/revisions\/34613"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}