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Odey in Talks With Green Ash to Transfer Special Situations Fund

The Odey Asset Management offices in London.

The Odey Asset Management offices in London.

Photographer: Chris Ratcliffe/Bloomberg

Odey Asset Management is in talks with Green Ash Partners to transfer a fund run by portfolio manager Adrian Courtenay, as the firm continues to reorganize after sexual assault allegations against its founder.  

London-based Odey is in discussion with Green Ash to transfer Courtenay’s Odey Special Situations Fund, the firm said in a letter to investors seen by Bloomberg. The talks are subject to regulatory approvals. The fund managed $83 million at the end of May and suspended redemptions earlier this month.