Mortgage-backed securities fund
The stock was down more than 50% on Monday following the meeting of Class A shareholders, who voted to wind up the fund. Although it appears likely that shareholders will receive nothing from the liquidation, the company is investigating whether shareholders can be compensated by the Carlyle Group, the fund’s ultimate parent.
By the end of last week, the shares had shed most of their value, quoted at €0.25, from an initial IPO offer price of €10 each.