Founder Resigns From Hedge Fund Following Accusations of Sexual Misconduct

Crispin Odey is leaving Odey Asset Management, the hedge fund he founded, after 13 women accused him of sexually assaulting or harassing them over 25 years.
Odey denies the allegations, but the hedge fund’s executive committee announced he “will no longer have any economic or personal involvement in the partnership.”
OAM will continue operations while investigating the allegations, but leadership cannot comment in detail due to legal obligations and confidentiality.
Odey has faced previous sexual misconduct accusations, including a trial in 2019 and an indecent assault charge in 2020, both of which he was cleared of.
Major financial firms like Goldman Sachs, JPMorgan, and Morgan Stanley are reviewing or ending relationships with OAM in response to the news.