Second Hedge Fund Manager Targeted in Danish Cum-Ex Probe (1)

Danish officials have frozen the assets of a second fund manager at Solo Capital Partners LLP as part of a widening crackdown on banks and financial professionals linked to the Cum-Ex tax scandal.

Edo Barac, a former money manager, was allowed by a London court Friday to access some assets targeted by the regulators. The freeze is part of a global order obtained in 2018 against 47 people and firms totaling 12.7 billion danish kroner ($1.86 billion).

The hearing comes days after it emerged that Danish prosecutors had frozen the $20 million London home of Solo Capital founder Sanjay ...