Bloomberg – IKOS Asset Management Ltd., the hedge fund whose founders Elena Ambrosiadou and Martin Coward are divorcing, said it used “legitimate investigative efforts” on former employees.
IKOS started the probe after discovering software had been copied without permission, the Cyprus-based firm said in a statement today. The company’s comments follow a Financial Times report on May 21 that a former fund manager, Tobin Maxwell Gover, had said IKOS hired a woman to spy on him. An English court ordered Ambrosiadou last year to pay damages to Gover in response to his spying allegations, according to a July 26 High Court filing.
