Reech Reim LLP (OC322313): administration
- Status
- Administration ended
- Administration began
- 2014-01-30
- Administrators
- Simon Harris, Cameron Gunn, Mark Supperstone
- Administrators' firm
- ReSolve
- Formerly
- Reech Cbre Alternative Real Estate LLP
- Incorporated
- 2006-09-11
- Location
- London
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated in September 2006 and is based in London with its corporate headquarters in Luxembourg The Company acts as an investment manager and ts aimed at institutional! investors, wealth managers, family offices and high net worth individuals
The Company managed the Iceberg Funds based in the Cayman Islands. The Company used quantitative investment and risk management techniques to invest in a full range of real estate investment vehicles. The fund currently stands at $6m
in April 2012 the Reech group restructured and halved its staff in an effort to move the business away from the Undertakings for Collective Investments in Transferable Securities market The increased cost of regulation in operating jurisdictions made the fund unappealing and hence it was failing to attract interest
Administrators' statement of proposals (2014-03-27) · Companies House register