Facts (2)
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 (2)
Sourced from government databases, press reports, and corporate filings. Not yet independently verified.
Partially Corroborated
In May 2009 Optimal Strategic US Equity agreed a $235 million settlement with the BLMIS SIPA Trustee Irving Picard — the first major settlement reached by any BLMIS feeder fund.
Partially Corroborated
Dublin-domiciled BLMIS feeder fund operated by Optimal Investment Services, the Geneva-based hedge-fund unit of Banco Santander. Held approximately $2.3 billion of customer assets in BLMIS at the time of the December 2008 collapse.
All Connections (3)
parent_subsidiary
secondary
Optimal Strategic US Equity was operated by Optimal Investment Services, a Geneva-based hedge-fund unit owned by Banco Santander; thus Santander was the ultimate parent of the principal Spanish/Latin American BLMIS feeder.
feeder_fund
secondary
Optimal Strategic US Equity (Dublin), operated by Banco Santander's Geneva-based Optimal Investment Services, held approximately $2.3 billion of customer assets in BLMIS at the December 2008 collapse — the principal Spanish/Latin American conduit.
settlement
secondary
since 2009-05-26
Optimal Strategic US Equity agreed a $235 million settlement with the BLMIS SIPA Trustee Irving Picard on May 26, 2009 — the first major BLMIS feeder-fund settlement.
Sources (0)
No sources.
Goblin House