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Caner Takes Stake in Adler’s Investor Aggregate, Becomes CEO

  • Tycoon takes first public role after Level One debacle
  • Aggregate has been under pressure following Viceroy report
Cevdet Caner
Cevdet CanerPhotographer: Chris Ratcliffe/Bloomberg
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Tycoon Cevdet Caner will take a stake in Aggregate Holdings SA, once Adler Group SA’s largest shareholder, and become its new chief executive officer.

It’s a surprise move adding a twist to the tumultuous recent history of the real estate investment firm that’s been mired in controversy following an attack from short-seller Viceroy Research in October. Caner, who sits at the center of many of Viceroy’s allegations, has said he advised Aggregate but has denied playing a behind-the-scenes role at Adler.