Cases / Investment funds & advisory
GPB Capital, Ascendant Capital, Ascendant Alternative Strategies
David Gentile, Jeffry Schneider, Jeffrey Lash
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
- GPB Capital, Ascendant Capital, Ascendant Alternative Strategies
- Industry
- Private equity-style limited partnership funds
- How investors were recruited
- Funds marketed to investors through Ascendant Capital's employees, with promises of monthly distributions
- Pitch & red flags
- Promised "8% annualized distribution payment"; claimed distributions came "exclusively" from portfolio company monies
Pitch phrases from this case
Source
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