In the previous article, we looked at whether or not Jim Mellon had invested in "Russian diamonds". Here we look at what Jim Mellon's role was at Charlemagne Capital.
What was Charlemagne Capital?
Charlemagne Capital was an investment management company.
Was Jim Mellon one of the founders of Charlemagne Capital?
Yes, Mellon was one of the founders of Charlemagne Capital.
Did Jim Mellon have any significant role in the management of Charlemagne?
Mellon was chairman of Charlemagne from August 1997 to 2006. Mellon was also a Non-Executive Director from August 1997, right up to the takeover by Fiera Capital.
Did Mellon have any involvement in the day to day running of Charlemagne at the time that it invested in Alrosa?
No, this is explained here.
By the year 2015, how many shares did Mellon hold in Charlemagne?
The following excerpt shows Mellon's position as a shareholder in Charlemagne Capital.
So was Mellons role limited?
Yes, Mellon had little to do with the day to day management of Charlemagne Capital. Mellon was wholly unaware of any investments made by Charlemagne Capital (on behalf of their clients) in Alrosa.