Fairfield Greenwich Group

E676597

Fairfield Greenwich Group was a prominent hedge fund and investment management firm best known for being one of the largest feeder funds and victims of Bernard Madoff’s Ponzi scheme.

All labels observed (3)

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Statements (47)

Predicate Object
instanceOf hedge fund
investment management firm
allegation failed to conduct adequate due diligence on Bernard Madoff
misrepresentation of risk controls to investors
assetsUnderManagementBeforeMadoffArrest multiple billions of US dollars
associatedWith Bernard L. Madoff
linked to: Bernie Madoff
businessModel collecting management and performance fees from feeder funds
clientele high-net-worth individuals
institutional investors
consequenceOfMadoffCase litigation from investors
massive investor redemptions and losses
reputational damage
country United States
foundedBy Jeffrey Tucker
Walter Noel
headquartersLocation New York City
industry asset management
financial services
investmentFocus alternative investments
hedge fund strategies
investmentStrategy feeder fund structures
fund of funds
keyPerson Andrés Piedrahita
Ariane de Rothschild (business association via distribution/relationships)
Jeffrey Tucker
Walter Noel
legalOutcome entered civil settlements with investors and regulators
majorLossEvent collapse of Madoff Ponzi scheme in 2008
notableFor being a major feeder fund to Bernard L. Madoff Investment Securities
heavy losses in the Bernard Madoff Ponzi scheme
officeLocation Greenwich, Connecticut
operatedFund Fairfield Lambda
Fairfield Sentry
Fairfield Sigma
regulator New York Attorney General
U.S. Securities and Exchange Commission
regulatoryAction subject of investigations following Madoff scandal
relatedEntity Fairfield Greenwich (Bermuda) Ltd.
Fairfield Greenwich (UK) Ltd.
roleInMadoffCase largest feeder fund to Bernard Madoff
serviceOffered fund distribution
investment advisory services
portfolio management
settledWith New York Attorney General
statusAfterMadoffScandal effectively defunct as a major hedge fund group
operations severely curtailed
victimOf Bernard Madoff Ponzi scheme

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Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Fairfield Greenwich Group relatedEntity Fairfield Greenwich (Bermuda) Ltd.
linked to: Fairfield Greenwich Group
Fairfield Greenwich Group relatedEntity Fairfield Greenwich (UK) Ltd.
linked to: Fairfield Greenwich Group
Fairfield Sentry sponsoredBy Fairfield Greenwich Group
Fairfield Sentry managedBy Fairfield Greenwich Group
Fairfield Sentry associatedWith Fairfield Greenwich (Bermuda) Ltd.
linked to: Fairfield Greenwich Group
Fairfield Sentry investmentAdvisor Fairfield Greenwich (Bermuda) Ltd.
linked to: Fairfield Greenwich Group