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Examples
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The pretty little Hampshire village of Bramdean is getting used to the implications of celebrities living in its midst.
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According to a Bramdean Alternatives 'fact sheet, the fund suffered further pain in March by investing in hedge funds, which were hit by another wave of the financial storm.
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Bramdean Alternatives, a small firm with about $200 million in assets under management, has been the focus of a high-profile battle for control between Mr. Tchenguiz and Ms. Horlick since last month, after the firm suffered about £10 million ($16.3 million) in losses on investments with Ponzi-scheme operator Bernard Madoff.
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Bramdean held the first meeting of its new board Friday, after Mr. Tchenguiz secured roughly 56% support from shareholders to install three of his chosen candidates in a vote the previous day.
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On Monday, the board rejected an approach Ms. Horlick had made in mid-March to buy Bramdean Alternatives, which is registered in Guernsey.
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According to Companies House records, Ms. Horlick is the sole director and shareholder of Petersfield, which is also the name of a village 10 miles away from Bramdean, a hamlet in Hampshire.
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Mr. Tchenguiz, who had expressed dissatisfaction with the fund's performance, prevailed despite a bid by Ms. Horlick to purchase Bramdean Alternatives.
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Mr Oaten and his family live in the pretty village of Bramdean outside Winchester.
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Only a few weeks ago the villagers spent their days scowling at the tabloid hacks who were chasing Bramdean resident Mark Oaten.
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The clause was absent even though Bramdean recorded a net loss for the year of £2.2 million, exceeding its total assets less current liabilities of £1.9 million.
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