Niklas Klemming

SPI Investment Fund SPC et al: Chapter 15 Petition (Cayman Islands)

October 28, 2024

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Andrew Morrison, David Griffin, and Iain Gow, of FTI Consulting, as the Foreign Representatives of SPI Investment Fund SPC (in Official Liquidation), and David Griffin and Yvonne Plamondon, of FTI Consulting, as the Foreign Representatives of International Portfolio Allocation Ltd. (in Official Liquidation) and International Capital Allocation Ltd. (in Official Liquidation), filed at the U.S. Bankruptcy Court for the Southern District of Florida.

Cayman Investment Funds Master SPC et al: Chapter 15 Petition (Cayman Islands)

June 24, 2024

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Samuel Cole and Mitchell Mansfield, of Kroll, as the Foreign Representatives of Cayman Investment Funds Master SPC (in Official Liquidation) and Cayman Investment Funds SPC (in Official Liquidation), filed at the U.S. Bankruptcy Court for the Southern District of Florida.

Alliance Metals LLC v. C T Corporation System: Motions to Intervene & Vacate Default Judgment (‘Cayman Islands Liquidation’)

June 4, 2024

Motions to Intervene and Vacate a Default Judgment by Samuel Cole and Mitchell Mansfield, of Kroll, as the Joint Official Liquidators of Cayman Investment Funds Master SPC (in Official Liquidation) and Cayman Investment Funds SPC (in Official Liquidation), both of the Cayman Islands, in Alliance Metals LLC and C T Corporation System at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida, USA.

Two more Cayman entities controlled by U.S.-based Swedish national Dennis Klemming go into liquidation

May 22, 2024

The collapse of an investment group headed by Miami-based Swedish national Dennis Klemming has continued with the liquidations of two more Cayman Islands entities, International Capital Allocation Ltd. and International Portfolio Allocation Ltd., which each had an agreement to borrow up to $100 million from another failed Cayman entity, SPI Investment Fund.

Cayman funds headed by U.S.-based Dennis Klemming go into liquidation

December 11, 2023

Two Cayman Islands investment funds operated by Miami Beach-based Swedish citizen Dennis Klemming - Cayman Investment Funds Master SPC and Cayman Investment Funds SPC - have gone into liquidation after being unable to satisfy investors' redemption requests totaling nearly $50 million.

International Portfolio Allocation Ltd.: Directors (Cayman Islands, 2023)

August 7, 2023

Director Details for International Portfolio Allocation Ltd., obtained from the Cayman Islands General Registry on August 7th, 2023.

International Capital Allocation Ltd.: Directors (Cayman Islands)

August 7, 2023

Director Details for International Capital Allocation Ltd., obtained from the Cayman Islands General Registry on August 7th, 2023.

Cayman Opportunity Investment Manager: Search Report & Directors (Cayman Islands)

August 4, 2023

Search Report & Director Details for Cayman Opportunity Investment Manager, obtained from the Cayman Islands General Registry on August 4th, 2023.

Cayman Investment Funds SPC: Search Report & Directors (Cayman Islands)

March 21, 2022

Director Details and Search Report for Cayman Investment Funds SPC, obtained from the Cayman Islands General Registry on March 19th and 21st, 2022.

Cayman Investment Funds Master SPC: Search Report & Directors (Cayman Islands)

March 21, 2022

Director Details and Search Report for Cayman Investment Funds Master SPC, obtained from the Cayman Islands General Registry on March 19th and March 21st, 2022.

Swiss asset manager Marc-André Pépin accused of fraud by Cayman’s SPI Investment Fund

March 21, 2022

In a winding-up petition, Swiss investment manager Marc-André Pépin has been accused of "fraudulent misconduct and mismanagement" by Cayman Islands-domiciled SPI Investment Fund SPC, whose investors' funds have allegedly ended up in questionable arrangements with entities operated by Prudent Group, Dennis Klemming, and Jacob Gitman, all of Miami, Florida.