Facts (3)
Data Freshness
Fresh
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Confidence Tiers:
Primary Source — cross-referenced government/corporate filings
Pending Review — sourced but not independently verified
AI Inference — analytical hypothesis from cross-referencing
Documented Records (3)
Sourced from government databases, press reports, and corporate filings. Not yet independently verified.
Partially Corroborated
In May 2011 Fairfield Greenwich Group affiliates settled with the BLMIS SIPA Trustee Irving Picard for approximately $80 million; in September 2009 Fairfield Greenwich separately settled with the Massachusetts Secretary of the Commonwealth for $8 million over disclosure violations.
Partially Corroborated
At the time of the December 2008 BLMIS collapse, Fairfield-managed feeder vehicles (principally Fairfield Sentry) held approximately $7.5 billion invested with Bernard L. Madoff Investment Securities — the largest exposure of any feeder organization.
Partially Corroborated
Founded 1983 by Walter Noel and Jeffrey Tucker as a New York–based hedge-fund group; sponsor of the Fairfield Sentry Fund (incorporated in the British Virgin Islands), the single largest BLMIS feeder fund.
All Connections (6)
managing_partner
secondary
Andrés Piedrahíta was a senior partner at Fairfield Greenwich Group, running the European and Latin American sales channel that brought much of the non-U.S. capital into Fairfield Sentry.
co_founder
secondary
since 1983-01-01
Walter Noel co-founded Fairfield Greenwich Group in 1983 with Jeffrey Tucker.
co_founder
secondary
since 1983-01-01
Jeffrey Tucker co-founded Fairfield Greenwich Group in 1983 with Walter Noel; previously an SEC enforcement attorney.
parent_subsidiary
secondary
since 1990-01-01
Fairfield Greenwich Group organized the BVI-domiciled Fairfield Sentry Limited in 1990 as its principal BLMIS feeder vehicle. The U.S. parent and the BVI vehicle together held the largest single feeder exposure to BLMIS at the December 2008 collapse.
feeder_fund
secondary
FGG sponsored the Fairfield Sentry Fund and related vehicles which together held approximately $7.5 billion of customer money in BLMIS at the December 2008 collapse — the single largest feeder exposure.
settlement
secondary
since 2011-05-09
Fairfield Greenwich affiliates settled with the BLMIS SIPA Trustee Irving Picard in May 2011 for approximately $80 million.
Sources (0)
No sources.