Is this why all the Regulators aren't replying........?
Financiers fret over 'leverage on leverage' in private credit
"In many cases, the money is being raised to pay investors in these funds, such as pensions and endowments, dividends to meet demands for payouts, the financiers said. That also enables the fund managers to ask investors for new money, generating more fee income. In some cases, the money is being used to prop up struggling portfolio companies or to invest in them for growth, and to fund new acquisitions."
Is that why QUANTEXA has had to register 4 (yes FOUR) new charges at Companies House in the last 10 weeks?
Surely it has some money left in the kitty from the less than 70% it said it had raised only a year ago?
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Evolution Equity Partners still claim to be Regulated by the Financial Conduct Authority
but the FCA says
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No wonder firms are deserting London for Paris expansion. A replay of 2008 and London and the UK are finished.
Will the regulators wake up in time? I am not holding my breath and it just adds more validity to my proof of concept to automate Company Law Compliance and "name and shame" the miscreants. Colin Bell are you listening because you need to as you are a proven serial criminal in the "Where is Susan" scam let alone the more serious fraud you have committed.
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