Reported about 1 month ago
Ocean Leonid Investments, a hedge fund linked to Iranian oil magnate Hossein Shamkhani, operates from London, managing a portfolio worth hundreds of millions derived from oil firms. Though Shamkhani has no official role at Ocean Leonid, sources indicate he plays a significant part in shaping its trading strategies. The fund has faced scrutiny due to its management of sanctioned oil exports, though it denies any wrongdoing. Recent turnover among executives has raised concerns about the firm's future direction amid increased visibility from western regulators.
Source: YAHOO