Cases / Investment funds & advisory
Irving Place III SPV LLC
Andrew Caspersen
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Irving Place III SPV LLC
- Industry
- Fake private equity secondary-market credit facility
- How investors were recruited
- Emails to institutional contacts, incl. a hedge fund's charitable foundation and its employee
- Pitch & red flags
- "$80 million credit facility secured by a private equity portfolio"; claimed personal investment and $30 million already raised
Pitch phrases from this case
Source
U.S. Department of Justice official
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