None
EN
Jefferies Faces Fresh Trouble at Fund It Was Already Shuttering
['Irene García Pérez', 'Katherine Doherty', 'Archie Hunter', 'Alexandre Rajbhandari', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Radiant World has denied the allegations and said its trading relationships are uninterrupted.
As Jefferies in recent months slowly wound down what was once a $3 billion fund boasting an unblemished record of no down months, payments from Radiant World had begun to slow.
The last payment Point Bonita received from Radiant World was about three weeks ago, according to one of the people familiar with the matter.
When Point Bonita executives investigated, they discovered discrepancies in some of the paperwork underpinning its financing, Bloomberg previously reported.
Point Bonita investors could be forgiven if they're feeling a bit of déjà vu.