FCA secures $101m redress for investors from Michael Platt's BlueCrest

Follows lengthy legal dispute

Linus Uhlig
clock • 1 min read

BlueCrest Capital Management, a hedge fund co-founded by billionaire Michael Platt, has agreed to pay $101m (£76m) in redress to investors, marking the end to a years-long legal battle between the hedge fund and the Financial Conduct Authority.

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