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Ousted Davidson Kempner Partner Claims He's Owed $80 Million

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By Donal Griffin, Jonathan Browning Verified
| Financial Advisor Verified
A former partner at Davidson Kempner Capital Management, one of the world’s biggest hedge funds, claims he was forced to exit the firm in a manner that has denied him $80 million he says he’s owed. Michael Herzog, one of the hedge fund’s most senior figures until his departure last year, was forced to redeem his interest in Davidson Kempner yet $80 million of this is still outstanding, according to allegations made in a U.K. employment lawsuit.
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Ousted Davidson Kempner Partner Claims He’s Owed $80 Million (2) Original

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By Donal Griffin, Jonathan Browning Verified
| Bloomberg Law Verified
A former partner at , one of the world’s biggest hedge funds, claims he was forced to exit the firm in a manner that has denied him $80 million he says he’s owed. , one of the hedge fund’s most senior figures until his departure last year, was forced to redeem his interest in Davidson Kempner yet $80 million of this is still outstanding, according to allegations made in a UK employment lawsuit. He claimed he was also shortchanged $170 million in retirement benefits as a result.
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Cocaine bust in Spain leads all the way to Wall Street

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By Rodrigo Orihuela Verified, Donal Griffin
| BusinessMirror Verified
It was supposed to be a cargo of bananas from Latin America. What Spanish police found on the ship in the Mediterranean port of Algeciras instead were 13 tons of cocaine. The drug bust in the fall of 2024 became the biggest in Spain’s history at the time.
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