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Cayman regulator cancels the fund license of ‘insolvent & mismanaged’ Obelisk Global Fund

Jazeb-Jones-Obelisk-Global-Controller

The Cayman Islands Monetary Authority has cancelled the mutual fund license of Obelisk Global Fund SPC, citing insolvency, mismanagement, and legal breaches. The regulator determined that the Fund’s principals, Winfield Sifton, Matthew Ho, and Jazeb Jones, were “not fit and proper persons”.