The liquidators of Weavering Capital, the fraudulent macro
hedge fund led by Magnus Peterson that collapsed in 2009, have
been awarded huge damages in a civil judgement against Peterson
and three other former directors and employees.
Damages of $450 million were awarded against Peterson, his
wife Amanda, fellow Weavering director Chas Dabhia and former
portfolio manager Edward Platt. The joint liquidators, Geoffrey
Bouchier and Paul Clark of Duff & Phelps (formerly MCR),
were represented in the proceedings by law firm Jones Day.
Based out of London, Weavering managed the