Borrelli Walsh Limited v. Pope Investments LLC et al, Pope Asset Management, LLC, Pope Investments LLC and William P. Wells, US District Court for the Western District of Tennessee. Bill had previously worked in the Private Wealth Management division . The normal business hours are 8:00 am to 5:00 pm cst on Monday - Friday. It manages $285.72 million of regulatory assets for 91 client accounts. Now Tethys, which maintains a listing in Canada, is facing mounting investor anger and a shareholder spat in London over an emergency fundraising drive and allegations of missing oil supplies, which some investors say lost them a fortune. 142.44.244.252 13F filing from POPE ASSET MANAGEMENT LLC, enter your Pope Asset Management, LLC is in the Investment Advisory Service business. William Wells has served as Chief Executive Officer of Pope Asset Management, LLC since 2001. (Shanghai) -- U.S. investor Bill Wells went hunting for profits in China but was eventually hung out to dry. China Stories: The Questions Hanging Over Ant Group, In Depth: China Grapples With Fiscal Overhaul as Budgets Come Under Pressure, First of Its Kind Survey Shows How Many Buildings China Has, Huawei to Expand Smart Selection System for Deals With Automakers, United Airlines Delays Adding China-U.S. Services Under Pandemic Era Cap, Exclusive: Tencents Top Risk Control Executive to Depart Amid Fintech Revamp. Now, he wants to know what happened. Prior to being a founding member of Pacific Asset Management in 2007, JP was a senior member of Pacific Life's credit research team, overseeing investments in corporate bonds, high-yield, and bank-loan securities from 1997 to 2006. UNCLAIMED . The most high-profile case was scandal-struck miner Eurasian Natural Resources Corporation once branded more Soviet than City by ousted director Ken Olisa. Amid the swirl of claim and counter-claim, Olisol is convinced the oil produced by Tethys is going to another business, called Prax-AK, instead of itself. Copyright 2023 Surperformance. View history. You can email the site owner to let them know you were blocked. Tethys Petroleum. Claim this listing for free. Bill had previously worked in the Private Wealth Management division of Goldman Sachs, where he was a vice-president working primarily with family groups throughout the southeastern United States. UNCLAIMED . Pope Asset Bill Wells Owner Litchfield, IL. Not applicable 4. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Georgia, Mississippi, and Tennessee. There are 900+ professionals named "Bill Wells", who use LinkedIn to exchange information, ideas, and opportunities. See the complete profile on LinkedIn and discover Bill's connections and jobs at similar companies. Industries. Close. Pope Asset Management LLC. Pope Asset Management's founder is Stephen L. Parr. Copyright 2021 Caixin Global Limited. You can opt-out at any time by signing in to your account to manage your preferences. Pope Asset Management is based out of Memphis. Big players such as JPMorgan Asset Management and Capital Group took stakes in the company. Click to reveal There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. China Everbright CEO Criticizes SOEs' M&A Strategy, Poor Parenting Hinders Development of China's Rural Children, Study Shows, Participation of Indian Prime Minister Narendra Modi in the 5th Eastern Economic Forum Discussed in Moscow, Get exposure for your startup at RISE 2020, CreditEases Tang Ning: Chinas Wealth Management Market is Undergoing Five Major Shifts, Meet 5 of the best startups selected to represent China at the largest technology event in Asia. Pope Asset Management, LLC is a large advisory firm based in Memphis. Printer Friendly View Address: 5100 Poplar Ave Ste 3120 Memphis, TN, 38137-2001 United States . Read our, {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{message}} {{/verifyErrors}}. This oil, Olisol says, was the same crude it paid for as early as in 2012. our sites and services. This will schedule a job to export all requested 13f holdings data for this filer. Bill Wells is President/CEO/Founder at Pope Asset Management LLC. View Bill Wells' profile on LinkedIn, the world's largest professional community. You can read more about your. intervene. He is also a Chartered Global Management Accountant (CGMA) in the USA and an Associate Chartered Accountant in Nigeria. In November last year, Tethys was facing a serious cash squeeze and needed extra investment. William Paul Wells is an employee with Pope Asset Management, LLC, a hedge fund company. . Download 13F Summary And how can Prax-AK be linked to Tethys new shareholder Soosaipillai? Copyright 2023 CB Information Services, Inc. All rights reserved. Chairman of the Board of Directors. China Housing & Land Development, Inc. (NASDAQ:NASDAQ:CHLN) Q1 2013 Earnings Call May 15, 2013 8:30 am ET Executives Bill Zima - ICR Pingji Lu - Chairman Xiaohong Feng - CEO Jing Lu -. When a Kazakh oil company came to London promising potential investors thousands of barrels of oil a day in 2011, with the price of crude riding high, City firms smelt an easy route to serious riches. Hes disregarded everyone. The assets under management (AUM) of Pope Asset Management, LLC is $285.72 million. The ideological basis of free-market capitalism came into question. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Because Salzhanov himself was quoted in a recent interview as saying that his company Altyn Kyran (note the AK initials) was involved in a joint venture called Prax-AK to buy oil from Tethys AralGas division. The firm provides services to charitable organizations, high net worth individuals, and pooled investment vehicles. Get the latest business insights from Dun & Bradstreet. Don has a diverse professional background including extensive experience in asset management, strategic and tactical business planning, well construction and production operations. Written by investor.com. William Wells has an ownership stake in Pope Asset Management, LLC of more than 75%. By continuing to use this site you are consenting to these choices. View Bill Wells' profile on LinkedIn, the world's largest professional community. will read it for free! Pope Investments II LLC I.R.S. On top of advisory services, the firm doesn't engage in other business activities. Operator . Prior to joining Pacific Life, JP . View Last Form Adv Compilation Report on Record, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, Percentage of assets under management,Performance-based fees. Highlight your management teams expertise. Menu. Technology Vendors; Recent Research . email address below and choose 'Submit'. Bill had been at Goldman Sachs since his graduation from the Amos . February 17, 2023. 5100 Poplar Avenue # 3120 Memphis, TN 38137 . But, six years on, with Lilley long gone, the game is well and truly over. The transactions saved Tethys for another day but also angered shareholders, who say their stakes have been unfairly diluted. Bill Wells President at Pope Asset Memphis, TN. William Wells has an ownership stake in Pope Asset Management, LLC of more than 75%. Health Research Institute Health services Medical technology Pharmaceuticals and life sciences. The London listing, it claimed, was dropped because it was unnecessarily expensive, pointing out that Tethys remains listed in Toronto under Canadian securities law. All rights reserved. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Georgia, Mississippi, and Tennessee. site you are consenting to these choices. It is inappropriate to say it is unfair when approved by the other shareholders, it said. Pope Asset Management, LLC. (D.E. They each bought a 9% stake in shares, plus warrants to buy another 10.9%. All Rights Reserved. Blue Sky Digital Outdoor Advertising Fund Fund Data, Sarasin Ie Global Equity Opportunities (Usd) Fund Data, Themelios Ventures Ii-A, L.P. Fund Data. Before the Court is Defendants Pope Asset Management, LLC ("PAM") and William P. Wells's ("Wells") Motion to Dismiss for Failure to State a Claim. Enter your password to log in. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Wells and his Tennessee-based firm Pope Asset Management LLC (PAM) are trying to recover US$ 15 million invested six years ago in a now-defunct pharmaceutical company, Laiyang Jiangbo Pharmaceuticals . Benda Pharmaceutical, Inc., et al. Owners who claim their business can update listing details, add photos, respond to reviews, and more. Use the links below to access additional information about this case on the US Court's PACER system. This docket was last retrieved on August 4, 2021. When the Standard questioned Soosaipillai about the situation, lawyers acting for his Prax Petroleum said they could not comment fully because of confidentiality. He had previously worked in the Private Wealth Management division of Goldman Sachs, where he was a vice-president working primarily with family groups throughout the southeastern United States. As part of the deal, it was agreed that Wells' Pope Asset Management subsidiary would have the option to swap two loans . It doesnt run an office outside of the United States. A subscription to PACER is required. The amount of regulatory assets under management is $285.72 million for 91 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. Tethys fell from a value of C$240 million when it floated in London to C$13 million when it delisted in May. (Farringer, John) 106 followers 100 connections. Justia US Law Case Law Delaware Case Law Delaware Court of Chancery Decisions 2010 Pope Investments LLC v. Benda Pharmaceutical, Inc., et al. Among the 9 most similar advisory firms, Pope Asset Management has the 4th highest percentage of high net worth individuals out of all clients. No. Namely, two hedge funds and two private equity funds. All text and design is copyright 2020 WhaleWisdom.com. Pope Asset Management, LLC waiver sent on 12/22/2020, answer due 2/22/2021. Pope Asset Management also advises several private funds. Pope Asset Management has custody of $119.67 million in cash and securities for 139 clients in total but doesnt act as a qualified custodian. Meanwhile, Altyn Kyran did not respond to a request for a response to Salzhanovs comments. Bill Wells Vice President at Empire Truck Sales Ridgeland, MS . Cloudflare Ray ID: 7a13b212dce8238a View Bill Wells' profile on LinkedIn, the world's largest professional community. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Asset and wealth management Banking and capital markets Insurance Private Equity. Bill is the founder and primary portfolio manager for Pope Asset Management, LLC. Wells was no stranger to this and other particularities of the Use the PitchBook Platform to explore the full profile. Holdings. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Learn more. Cloudflare Ray ID: 7a13b224ecb4c32f William is Chief Executive Officer and has served as Chief Executive Officer since 08/01/2001. As Britain tries to charm former Soviet republic, a cautionary tale emerges. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 5. Don Streu has been the President and CEO of Condor Energies Inc (formerly Condor Petroleum Inc) for over 14 years, which is a company focused on energy development in Central Asia and Turkey. or to simply have an email sent to you whenever we receive a new Casey Scott Mccandless joined the executive team most recently as the Chief Compliance Officer. Prior to Condor, Don worked at Chevron for 22 years, mainly in international locations. SC 13D 1 sc13d.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Sino Charter, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 82936L 10 0 (CUSIP Number) Pope Investments II LLC Pope Asset Management, LLC William P. Wells (Name, Address and Telephone Number of Person Authorized to Receive Notices . . . Create Email Alert, ***Log In or By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. Because Soosaipillai is a shareholder and director of numerous companies called Prax, and the investment vehicle he used to invest in Tethys was called Prax Pte. Pope Asset Management's is . How do I update this listing? He had previously worked in the Private Wealth Management division of Goldman Sachs, where he was a vice-president working primarily with family groups throughout the southeastern United States. Whalewisdom has at least 73 13F filings, 16 13D filings, and 50 13G filings. bill wells pope asset managementalla baby name They each bought a 9% stake in shares, plus warrants to buy another 10.9%. It manages $285.72 million of regulatory assets for 91 client accounts. Subscribe to Justia's Free Newsletters featuring summaries of federal and state court opinions. You must have a subscription to view WhaleScore histories. Bill Wells President at Pope Asset Memphis, TN. SEC form, multiple filers or classes of filers, and much more.***. The advisory firm has several streams of revenue. HTTP://WWW.POPEASSET.COM Employees dont receive compensation from other entities for client referrals. Yet the prospects look grim, Bill had been at Goldman Sachs since his graduation from the Amos . COURT REGISTRY BALANCES 06122020 CASE # PLAINTIFF NAME DEFENDANT NAME LAST CHG BALANCE 0000278 CC BANK OF AMERICA NA HUBERT KERRY D 03282012 10000 0001646 SC WILLOW REED Click to reveal Civitas Resources, Inc. (NYSE: CIVI) Q4 2022 Earnings Call Transcript February 23, 2023. A few weeks ago, Tethys delisted its London shares after they lost 98% of their value, blaming the oil-price plunge. The pair have fallen out over a proposed investment by Olisol in Tethys in 2015. Whalewisdom has at least 73 13F filings, 16 13D filings, and 50 13G filings, You are limited to the prior 8 quarters of 13F filings. Sole Voting Power 9532302* See Item 4 below. Find company research, competitor information, contact details & financial data for Nomura Asset Management Taiwan Ltd. of Taipei City. There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. It added that as far as [Prax] was aware the oil supply deal between Tethys and Olisols subsidiary stopped because the Olisol business was allegedly in breach of its contract. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. Bill Wells is Chairman/CEO at Tethys Petroleum Ltd. See Bill Wells's compensation, career history, education, & memberships. Pope Asset Management, LLC William P. Wells (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 4, 2008 CBI websites generally use certain cookies to enable better interactions with. View competitors, revenue, employees, website and phone number. . Third of London pupils miss first pick of school, Shocking moment moped narrowly misses 70mph train at level crossing, Armed police swoop on Hackney Central station after man knifed, Harry and Meghan lose Frogmore Cottage after memoir controversy, Police ask for Constance Marten custody extension amid search for baby, Dozens killed after passenger and freight train collide in Greece, Ten amazing products and experiences for a fulfilling year ahead, What is the Willow Project? Bill Gates buys Heineken stake, despite saying he's 'not a big . . Identification Nos. Your IP: He is currently the Honorary Consul of the Republic of Kazakhstan for Alberta and a National Board Director for the Canada Eurasia Chamber of Commerce (CECC). Pope Asset Management, registered in 2001, serves 3 state (s) with a licensed staff of 3 advisors. He was with BP America for 5 years, rising to become Assistant Controller. Join to view . We'll assume you're ok with this, but you can opt-out if you wish. Pope Asset Management is based out of Memphis. Wells and his Tennessee-based firm Pope Asset Management LLC (PAM) are trying There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. was eventually hung out to dry. Pope Asset Management, LLC, Pope Investments LLC and William P. Wells: Case Number: 2:2020cv02880: Filed: December 7, 2020: Court: US District Court for the Western District of Tennessee: Presiding Judge: Annie T Christoff: . This account already exists. company, Laiyang Jiangbo Pharmaceuticals Co. Ltd. And the episode proves one of the oldest adages in the City, which Greg Hands will know well from his career in the Square Mile before politics: caveat emptor. Chicago voters rejected Democratic Mayor Lori Lightfoot's bid for a second term on Tuesday, elevating progressive Cook County Commissioner Brandon Johnson to face conservative candidate Paul Vallasan ardent school privatization advocatein an April 4 runoff.. Johnson, a longtime educator and organizer, advanced to the runoff with roughly 20% of the vote after a grassroots campaign . Mattias has a BA in Corporate Finance and an MBA degree from IMD Lausanne, Switzerland. Tethys said the claim its original shareholders have been squeezed out was incorrect, and added that the two-pronged deal was approved at a shareholders vote and that the shares of the new investors had been sold to them at a premium over the market rate. Performance & security by Cloudflare. Health industries. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $29.92 million. But the Square Miles recent experience of companies from the former Soviet republic could serve as a salutary tale for minority shareholders considering investing in firms from exotic locales. Hedge Fund The firm manages $166.05 million in discretionary accounts and $119.67 million in non-discretionary accounts. . Retail Financial Analyst at AutoZone . Subscribe to WhaleWisdom to view all filing data Supply Chain and Operations Management Tips Bill had been at Goldman Sachs since his graduation from the Amos Tuck School of Business at Dartmouth College in 1985. 97.107.136.113 As it happens, a Hollywood remake of Wall Street was already underway. Wells Fargo Success Story. Menu. Check the Appropriate Box if a Member of a Group (a) (b) 3. So its chairman, former Goldman Sachs banker Bill Wells, whose Pope Asset Management is also the biggest Tethys shareholder, brought in two new backers, Winston Soosaipillai, a British fuels importer based in leafy Weybridge, Surrey, and Kazakhstan-based Medgat Kumar, to shore the business up. But, six years on, with Lilley long gone, the game is well and truly over. for POPE ASSET MANAGEMENT LLC. Bill Wells is the founder and primary portfolio manager for Pope Asset Management. Pope Asset Management has 2 executives. (D.E. This website is using a security service to protect itself from online attacks. Company/Fund Name: Pope Asset Management, LLC, Address: 5100 Poplar Avenue, Suite 3120, Memphis, TN, 38137, United States. Bill had been at Goldman Sachs since his graduation from the Amos Tuck School of Business at Dartmouth College in 1985. MEWE @brianhyland7. Bill Wells is the founder and primary portfolio manager for Pope Asset Management. to see more advanced email alert options such as selecting any type of The seasoned executive team at Eagle Asset Management - leading business development, compliance, sales, marketing, operations and IT among others - runs the firm, which allows investment professionals the opportunity to do what they do best: strive to help clients meet their long-term goals. Use the PitchBook Platform to explore the full profile. It doesn't provide financial planning services to its clients. William Paul Wells founded Pope Asset Management LLC. The US Corporate government seeks to roll over its payments past the deadline. A more recent docket listing The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients. Part of the spat involves an allegation from Olisol that Tethys was breaking a deal to supply an Olisol subsidiary with oil.

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