Jefferies-linked fund has almost $500 million exposure to trader Radiant World, FT reports

Jefferies-run fund has nearly US$500 million exposure to iron ore trader Radiant World: FT

The fund has secured a freezing order against Radiant World, its founder Pinkesh Nahar and Sapphire Minmetals Read more at The Business Times.

Jefferies-linked fund has $500M exposure to Radiant World (JEF)

A Jefferies (JEF)-managed fund has nearly $500M worth of exposure to troubled iron ore trader Radiant World, its founder, and another entity. Read more here.

Jefferies-linked fund has almost US$500 million exposure to trader Radiant World, FT reports

LAM Trade Finance Group II secured a freezing order from a London Court against Radiant World. Read more at straitstimes.com.

Jefferies-linked fund has almost $500 million exposure to trader Radiant World, FT reports

A fund run by a unit of U.S. bank Jefferies has nearly $500 million of exposure to ​iron ore trader Radiant World, its founder and ‌another entity, the Financial Times reported on Saturday.

Jefferies-Backed Fund Faces Nearly $500 Million Exposure to Radiant World

A fund managed by a unit of U.S. investment bank Jefferies Financial Group has nearly $500 million of exposure to iron ore trader Radiant World, its founder, and a related entity, according to the Financial Times, highlighting the potentially significant financial risks facing lenders and counterparties to the commodities trading company. The fund, LAM Trade […]

Jefferies-Linked Fund Wins $499 Million Freezing Order Over Radiant World

A Jefferies-linked fund won a London High Court freezing order covering up to $499 million in assets tied to iron ore trader Radiant World, after Jefferies found the invoices behind its financing were fake. It's the second fraud-linked blowup this year for the fund family, following losses tied to First Brands' collapse.