Deloitte was appointed liquidator of Keystone Asset Management, the responsible entity of the troubled $480 million Shield Master Fund, on Monday afternoon after investors voted against three bids and chose enforcement action.
Deloitte partners Jason Tracy and Glen Kanevsky will run the liquidation. The firm has been acting as the administrator and receiver amid an ASIC investigation.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
