Crispin Odey is known to have pocketed nearly £29million at his hedge fund final 12 months earlier than stepping down following sexual assault claims in opposition to him.
In the ultimate set of accounts filed on Companies House, income at Odey Asset Management greater than tripled to £63.9million for the 12 months to April 5, up from £18.8million the 12 months earlier than.
Profits had been distributed between 11 members however not break up evenly – with one member, believed to be Odey, taking house £28.6million.
Odey stepped down in June after the Financial Times mentioned it had spoken to 13 ladies who alleged that they had been abused or harassed by the fund supervisor.
The ladies both labored for the asset supervisor or handled him in an expert capability.
Profits: Crispin Odey stepped down at Odey Asset Management in June after the Financial Times mentioned it had spoken to 13 ladies who alleged they had been abused or harassed by him
Following the allegations it was determined in October that the fund can be wound down.
The alleged incidents are reported to have occurred between 1998 and 2021. Odey has denied all of the allegations in opposition to him.
The Financial Conduct Authority is at present investigating Odey to see if he’s ‘fit and proper’ to work in monetary companies.
He has for years confronted allegations of sexual misconduct, and in 2021 was discovered not responsible in a courtroom case which accused him of indecent assault in 1998.
The accounts additionally present that Odey Asset Management funds beneath administration grew to £3.5billion by April 5 final 12 months, up from £3billion by the identical level the earlier 12 months.
The agency was launched in 1991 and have become one of many extra profitable hedge fund managers in London.
At its peak, Odey Asset Management had £11billion property beneath administration.