Boston Ventures and Genstar Capital Invest in 21st Services
BOSTON & SAN FRANCISCO–(BUSINESS WIRE)–Genstar Capital, LLC and Boston Ventures announced today a majority investment in 21st Services, in partnership with management. The Minneapolis, Minnesota based Company is a leading provider of mission critical, life expectancy information that is currently used in the life settlement industry, […]
Boston Ventures and Genstar Capital Invest in 21st Services
BOSTON & SAN FRANCISCO–(BUSINESS WIRE)–Genstar Capital, LLC and Boston Ventures announced today a majority investment in 21st Services, in partnership with management. The Minneapolis, Minnesota based Company is a leading provider of mission critical, life expectancy information that is currently used in the life settlement industry, […]
A Florida District Court judge has entered final judgments in the SEC’s case against a former executive and several companies involved in a fraudulent viatical investment scheme. The scam defrauded roughly 39,000 investors out of more than $1 billion.
The court’s final judgments were levied against Ft. Lauderdale-based Mutual Benefits Corporation (MBC), a viatical settlement provider, […]
By Tiffany Kary and Jenny Strasburg
June 21 (Bloomberg) — Ritchie Capital Management Ltd. sought bankruptcy protection for two Dublin-based funds after they lost more than $700 million on life insurance investments.
The hedge-fund manager asked the U.S. Bankruptcy Court in Manhattan to approve a $17 million interim loan from ABN Amro Holding NV as part of […]
Boca philanthropist Barry Kaye will not face formal state investigation
By Scott Travis
South Florida Sun-Sentinel
Posted June 20 2007
The state will not launch a formal investigation into Boca Raton philanthropist Barry Kaye’s relationship with a company accused of defrauding the elderly, an official from the Department of Financial Services said Tuesday.
The department conducted a preliminary review of […]
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