Business · 1 day ago
Hedge Fund Boss, 36, Buys £40m Belgravia Mansion Near Buckingham Palace
Edwardx, CC BY-SA 3.0, via Wikimedia Commons
Hamza Lemssouguer, the 36-year-old founder of hedge fund Arini Capital, has exchanged contracts on a Georgian townhouse in Belgrave Square for about £40m. The seller is Sir Dickson Poon, the Hong Kong tycoon who once owned Harvey Nichols. The home, once lived in by Queen Victoria's grandson, sits near Buckingham Palace, while Arini has suffered heavy losses on several of its biggest bets this year.
Reported by The Telegraph · How we write briefs