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NEW YORK – The founder of a hedge fund was arrested Thursday after he reprimanded creditors of luxury department store chain Neiman Marcus and pressured investors not to bid against his hedge fund to buy securities from creditors.
Daniel Kymansky, 47, founder of Marble Ridge Capital, was charged in Manhattan Federal Court, where he was to appear early.
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Acting Manhattan U.S. Attorney Yeddy Strauss said Roselyn Kamensky of New York broke the law when she tried to force a competitor to withdraw her bid, seeking to file for bankruptcy property assets in excess of her hedge fund.
William F., head of the FBI York Fish in New York. Sweeney said Kamensky violated his duty by blocking the sale of securities in his bank’s investment bank on the Official Committee of Sec Fiscal Committees in the lower Marcus bankruptcy so that his funds could repel him. Cost. “
“Maybe I should go to jail,” Kamensky said in a conversation with an investment bank employee. Today, we’ve removed the ‘maybe’, and forced him to respond to his behavior, “Sweeney said.
Kamensky was charged with fraud in the offer fur or sale of securities, wire forgery, extortion and bribery with the impediment of bankruptcy.
The call at Marble Ridge Capital in Manhattan went unanswered Thursday. A spokesman declined to comment on behalf of Kamensky and his paycheck, which has assets of more than 1 billion.
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Following the events that began in late July, lawyers said in their submission that the hedge fund has resigned from the committee of creditors and advised investors that it would start reducing operations and return investors’ capital.
Prior to launching his hedge fund, Kamensky worked for several years as a bankruptcy attorney at a well-known international law firm and as a distressed debt investor in leading financial institutions, officials said.
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