(Reuters) Beechwood, a group of reinsurance and asset management companies, has been sold after it lost clients and suffered a bruised reputation when hedge fund firm Platinum Partners collapsed amid federal investigations and fraud charges, a person familiar with the matter told Reuters. Beechwood worked for nearly a year to cut ties to Platinum, which included social and family links to staff and start-up money.
Reinsurer Beechwood Sold Following Hedge Fund Woes
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