Aequitas Capital alts platform implodes, while investors and advisers are kept in the dark

<i>Breakfast with Benjamin</i> The collapse of alternative investments platform Aequitas Capital Management continues to unfold, while investors and advisers are kept in the dark.

FEB 18, 2016

By Jeff Benjamin

The sudden and stunning collapse of Aequitas Capital Management continues to unfold. The obscure alternative investments platform is under investigation by both the SEC and Consumer Financial Protection Bureau. Nearly $600 million was bet on a diverse array of subprime lending strategies. This does not look good. Particularly awkward chaos. Aequitas, which relied on financial advisers to bring in investor capital, announced earlier this month it is laying off 80 employees while the source of the problems come to light.
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Aequitas Capital alts platform implodes, while investors and advisers are kept in the dark

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