K2 Asset Management has hit back against an investor aiming to block its appointment as the responsible entity to the troubled US Masters Residential Fund, branding the alternative proposal “inappropriate”.
Last month K2 was appointed to act as the responsible entity to oversee six managed funds under the remit of E&P Financial, formerly Evans Dixon.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
