Effective 4 January 2022, Teneo, the global CEO advisory firm, acquired KPMG’s Cayman and British Virgin Islands restructuring business. As a result of the acquisition, the Joint Official Liquidators ("JOLs") and their team are now part of Teneo and will continue to administer the liquidation of the Premium Point Funds.

The JOLs have retained all records associated with the liquidation of the Premium Point Funds and as such there is no requirement for creditors to resubmit information or claims sent to the JOLs prior to 4 January 2022.

Queries relating to the liquidation should be directed to the JOLs via email to cayman@teneo.com. The JOLs have access to all previous emails sent to or from the JOLs and their team.

During the course of May and June 2017, Kris Beighton and Jeffrey Stower were appointed Joint Voluntary Liquidators (“JVLs”) of Premium Point ERISA Master Mortgage Credit Fund, Ltd and Premium Point ERISA Offshore Mortgage Credit Fund, Ltd (together “ERISA Entities”), Premium Point Master Mortgage Credit Fund, Ltd and Premium Point Offshore Mortgage Credit Fund, Ltd (together “MCF Entities”), Premium Point Master New Issue Opportunity Fund, Ltd, Premium Point Offshore New Issue Opportunity Fund, Ltd, Premium Point Mini-Master New Issue Opportunity Fund, Ltd, and PPI Acq, Ltd (together “NIOF Entities”) (altogether “the Companies”).

On 14 December 2017, a hearing with respect to the JVLs’ application for supervision was held in the Grand Court of the Cayman Islands (“Grand Court”). Subsequently an order was made on 21 December 2017 to continue the liquidation of the Companies under the supervision of the Grand Court and Kris Beighton ("Mr. Beighton") and Jeffrey Stower were appointed JOLs of the Companies.

On 31 March 2021, Mr. Beighton retired as a partner at his employer at the time and proposed that Jason Robinson ("Mr. Robinson") be appointed as the successor JOL for the Companies. The JOLs made an application to the Grand Court on 16 April 2021 and on 23 April 2021 the Grand Court made an order to replace Mr. Beighton with the Mr. Robinson as JOL.

The purpose of this website is to provide updates and notifications to the stakeholders of the Companies.

You will note that all downloadable documents are password protected. Passwords for these documents will be provided to all parties whom the JOLs believe are entitled to have access. Please contact the JOLs at the email address above to arrange access.