Administrators are urgently looking to sell embattled Sargon’s holdings in “tech-driven trustee services, fund operations and custodial services”, breaking up the once-glamorous fintech.
Voluntary administrators Stewart McCallum and Adam Nikitins from EY were appointed last week to seven subsidiaries of Sargon.
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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
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
