{"id":37423,"date":"2013-08-15T14:29:36","date_gmt":"2013-08-15T18:29:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=37423"},"modified":"2013-08-15T14:34:35","modified_gmt":"2013-08-15T18:34:35","slug":"sec-freezes-assets-of-hedge-fund-davian-capital","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2013\/sec-freezes-assets-of-hedge-fund-davian-capital.html","title":{"rendered":"SEC Freezes Assets Of Hedge Fund Davian Capital"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/frozen_money_000007392129XSmalledited-321x285.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-20851\" alt=\"frozen_money_000007392129XSmalledited-321x285\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/frozen_money_000007392129XSmalledited-321x285-300x268.jpg\" width=\"300\" height=\"268\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/frozen_money_000007392129XSmalledited-321x285-300x268.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/02\/frozen_money_000007392129XSmalledited-321x285.jpg 341w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211; The SEC has charged Ohio hedge fund manager Anthony Davian with misappropriating more than $1 million\u00a0from investors in funds managed by his company, defendant Davian Capital Advisors, LLC.<\/p>\n<p>In July 2008, Davian formed Davian Capital, an unregistered investment adviser, and created LP I as a hedge fund. Davian claimed to have $5 million under management in LP I.<\/p>\n<p>The SEC says that Davian Capital\u00a0is nothing more\u00a0than Davian\u2019s personal piggy bank. He has invested only some of his clients\u2019 funds. He used the rest to finance construction of a luxury home for himself, and to buy himself a\u00a0luxury car, among other things.<\/p>\n<p>The SEC wants to stop the defendants\u2019 ongoing violations of the federal securities laws, to prevent further harm to investors, and to seek disgorgement and civil penalties stemming from defendants\u2019\u00a0wrongdoing, among other remedies.<\/p>\n<p>Alex Akesson<br \/>\nFor\u00a0<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>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; The SEC has charged Ohio hedge fund manager Anthony Davian with misappropriating more than $1 million\u00a0from investors in funds managed by his company, defendant Davian Capital Advisors, LLC. In July 2008, Davian formed Davian Capital, an [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,16034,3],"tags":[],"class_list":["post-37423","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-fraud","category-hedge-fund-rulings","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37423","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=37423"}],"version-history":[{"count":7,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37423\/revisions"}],"predecessor-version":[{"id":37426,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37423\/revisions\/37426"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}