Cornhill Capital’s Complex Network of Loss-Making Investment

Ever heard of Cornhill Capital? If you're from the UK, there's a chance you might have. It's not just any institutional brokerage firm. This firm has been deep in the financial game, offering everything from portfolio management and capital raising to financial advice.

A Web of Names & Dates:

Navigating the complex interplay between Pello Capital Ltd and Cornhill Capital (a Descretionary Fund Manager/Wealth Manager) feels a bit like watching an intricate tango. Over the years, their associations have crisscrossed in interesting ways. For instance, Cornhill Fund Management LLP had its spotlight moment from 31 Oct 2008 but gracefully exited by 28 Oct 2009. Not long after, Cornhill Capital made its entrance on 22 Jan 2019, making waves until 14 Jun 2021. Earlier in the timeline, Cornhill Asset Management Ltd was in the mix, starting their journey on 23 Mar 2006 and wrapping it up by 12 Mar 2008. Quite the dance of dates and names, isn't it?

To top it all off, Pello Capital Ltd, they once went by the name Cornhill Capital Limited. Quite the journey. Over the years, they've swapped names, merged, and rebranded. All this while carving a niche as a discretionary fund manager and a standout wealth management firm.

Latest News:

Alright, so here's the latest scoop. The Financial Services Compensation Scheme (FSCS), the big watchdog, is currently sniffing around Pello Capital after it went belly up. And just so you know, Pello Capital had the FCA's nod of approval from 2007 all the way to 2022. But come 9th May 2023, the FSCS stirred the pot, announcing they're all ears for claims against Pello.

Partnering with the top brass administrators, they're meticulously checking if those claims hold water. What’s in it for you? Well, if you've got a legit claim, you might just see some financial compensation coming your way.

Moving Forward:

We're all about keeping those affected in the loop. As the twists and turns of the Cornhill Capital, its buddies, and Pello Capital Ltd saga unfolds, trust us to update you as soon as we can.

We know there isn’t much out there at the moment but until we find out more, we hope this has provided a small insight.

Did any of this ring any bells? Reach out. Fill in your details on this page, for a free no-obligation chat.