Crime & Law · World
Jefferies-linked fund had $500mn exposure to Radiant World, FT reports
A Jefferies-linked fund, Point Bonita, has emerged as a major creditor to Radiant World, a trader involved in alleged invoice fraud. The Financial Times reported that the fund had an exposure of nearly $500 million to Radiant World. Point Bonita had previously bankrolled collapsed First Brands Group. The details emerged from reporting by the Financial Times.
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- Centre (2): Financial Times, Reuters