Now, in the latest chapter of a deal gone bad, Akazoo says it will “take all available steps to maximize recovery for defrauded investors,” including plans to unwind the original merger with Dickey’s company. You have permission to edit this article. Then, last week, it upped the ante with an open letter urging him to resign immediately. Mr Hughes demanded that the 69-year-old stand down immediately. In his role at ISAM, Rod worked closely with the CEO, Stanley Fink, in the establishment, seeding and early stage growth of the firm's flagship fund, ISAM Systematic Trend.

Toscafund's Martin Hughes Multi-millionaire Hughes - who is described by one source as "an Essex boy made good" - has drafted in the City's aristocracy to be the public face of Toscafund. Rod spent almost 15 years at Morgan Stanley where he climbed the ranks from Associate to Managing Director. Martin Hughes, Toscafund’s chief executive, has accused Mr Astrand of overseeing a significant deterioration in Speedy Hire’s share price, which has fallen by a fifth in the past year. Akazoo, the Luxembourg-based streaming music service propelled onto the U.S. radio industry’s radar last year via a high profile merger, says its special committee completed an internal investigation and found multiple ways former members of its management team defrauded the company’s investors.

It is understood Mr Astrand has offered to revert to being a non-executive chairman but that will be knocked back. The inaugural International Investment London Forum will look at where the industry is heading, the challenges and opportunities for the industry in the region, and how advisers, brokers and product providers are adapting to political and regulatory changes.The event will take place on Thursday, 30th April at the South Place Hotel, London. View the profiles of professionals named "Martin Hughes" on LinkedIn. He will step down from SLA's board following its AGM on 12 May. It is thought Toscafund has the backing of Schroders, which has a 9.8pc stake. Funds managed total over $4bn which includes global equity, activist strategies, UK private debt and commercial property. After 13 successful years in institutional equities where he was head of International Equity Sales, Rod became a senior manager in the top ranked prime brokerage division. Funds managed total over $4bn which includes global equity, activist strategies, UK private debt and commercial property. - Offered the view that Anne's death was due to external, imperial factors and credited to the political manoeuvrings of Holy Roman Emperor Charles V and his imperial ambassador Eustace Chapuys. The New York hedge fund accused Akazoo of vastly inflating its subscriber numbers and faking revenue. Gilbert, who co-founded Aberdeen Asset Management in 1983 and remained co-CEO of the merged SLA business until 2017, will become a non-executive of Toscafund Asset Management and Tosca Fund Limited's parent company Old Oak Holdings, which is owned by former US hedge fund Tiger Management employee Martin Hughes.

Renaissance Investment Management was the asset and wealth management division of Renaissance Group. Toscafund Asset Management LLP A multi asset fund manager Find out more about us. Akazoo also said it received an anticipated delisting letter from Nasdaq, a decision it has no plans to appeal. Dickey remains Akazoo’s board chairman. Funds managed cover areas such as: global long/short equities, regional property, collaborative activist UK equity, UK SME debt capital, UK micro cap equities and co-investment deals. Rod was responsible for the international fund management activities of Renaissance Investment Management. He has worked as a hedge fund executive in CEO and Business Development roles since 2005 and has built a substantial network of institutional and private investors. We encourage you to review our privacy policy and terms of use. Nasdaq suspended trading of shares of “SONG” today (May 27).

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