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Hong Kong investor applies to wind up PointGuard Ventures hedge fund in Cayman over ‘$4.8M debt’

A petition to wind up a Cayman Islands hedge fund operated by U.S.-based investment group PointGuard Ventures has been brought by one of its investors, Hong Kong-based Suning International Ltd., which claims to be owed $4.8 million in an unpaid cash distribution that it should have received in 2022 but was allegedly not even told about.