| 21.09.2007 Opalesque Exclusive : Absolute Capital Management reveals action plan: Resets performance fees, creates side-pockets, says illiquid investments does not mean no value |
| From Benedicte Gravrand, Geneva:
Jonathan Treacher, CEO of Absolute Capital Management and Glenn Kennedy, Group legal counsel, gave a conference call on 20th September for investors and shareholders. Mr. Treacher apologised to all those who had tried to contact Absolute Capital over the last day and a half and did not get precise answers to their questions. The team at ACM used that time |