The founder shareholder of the Fund passed a resolution on 23 January 2009 to wind Primeo Fund up voluntarily and appoint G. James Cleaver and Richard E. Fogerty as joint voluntary liquidators.

On 8 April 2009 an order was made for the winding up of the Fund to continue under the supervision of the Grand Court of the Cayman Islands with G. James Cleaver and Richard Fogerty appointed as joint official liquidators.

Gordon MacRae replaced Mr. Cleaver as a Joint Official Liquidator by Court Order dated 17 August 2011.  Eleanor Fisher replaced Mr. Fogerty by Court Order dated 11 May 2012.

Creditors and Investors should monitor this site, as the joint official liquidators will post updates on the progress of the liquidation periodically.

       ************ PRIVY COUNCIL JUDGMENT **************

The Privy Council has handed down its ruling in the Herald Fund SPC liquidation, where Primeo acted as the representative party for the December Redeemers, in relation to how certain potential shareholder claims are dealt with. A copy of the judgment may be found here. 

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