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Divorcing couple contest value of hedge fund

Fund said to have assets under management of £3.5 billion

The Independent reports that Jamie Cooper-Hohn has appealed to the Court of Appeal against a decision by Mr Justice Coleridge not to allow separate expert evidence as to the value of a hedge fund set up by her former husband, Sir Chris Hohn.

Ms Cooper-Hohn, represented by Martin Pointer QC, claims that the value of the fund, which has assets under management of £3.5bn, is up to £514m. Sir Chris, represented by Lewis Marks QC, says that its value is about £60m.

The dispute over the hedge fund's value focuses on whether it would be worth anything at all if Sir Chris ended his involvement.

The report in The Independent is here.

22/6/14