Infinium Global Fund
Messrs. Anton Kalyta and Andriy Kalyta
Directors
Infinium Global Fund
c/o PwC Corporate Finance & Recovery (Cayman) Limited
18 Forum Lane
Camana Bay
PO Box 258, Grand Cayman, KY1-1104
CAYMAN ISLANDS
By Post and Email
Dear Sirs,
Re: Decision Notice — Infinium Global Fund (Req. #17128) ("the Fund")
We write to you in your capacity as directors of the Fund.
As you are aware on 10 September 2014 the Cayman Islands Monetary Authority, pursuant to section 30 (3) (e) of the Mutual Funds Law (2013 Revision), appointed Messrs. David Walker and Simon Conway ("the Controllers") of PwC Corporate Finance & Recovery (Cayman) Limited to assume control of the affairs of the Fund1.
The Controllership has ended. There is no funding available to move forward with a formal 'winding-up' of the Fund.
TAKE NOTICE:
The Cayman Islands Monetary Authority ("the Authority") of 80 Shedden Road, Elizabethan Square, PO Box 10052, Grand Cayman KY1-1001, Cayman Islands, has taken the following action:
ACTION:
The Authority has cancelled the Fund's mutual fund registration pursuant to section 30 (3) (a) of the Mutual Funds Law (2015 Revision) ("the Law").
REASONS:
The Authority is, pursuant to sections 30 (1) (a),(b),(d) and (e) of the Law, satisfied that (i) the Fund is unable to meet its obligations as they fall due; (ii) is carrying on or attempting to carry on business in a manner that is prejudicial to its investors or creditors; (iii) the direction and management of the Fund has not been conducted in a fit and proper manner; and (iv) Messrs. Anton Kalyta and Andriy Kalyta are not fit and proper persons to hold the position of director of a regulated mutual fund.
EFFECTIVE DATE OF DECISION:
The Authority's decision regarding the above action is effective 17 April 2018.
Yours faithfully,
Patrick Bodden
Deputy Managing Director — Operations
Cayman Islands Monetary Authority
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