A macro hedge fund launched by LSK & Partners, the firm chaired by controversial ex-International Monetary Fund (IMF) chief Dominique Strauss-Kahn, is aiming to raise $2 billion.
The 64-year-old fell from grace when he was forced to resign from the IMF in 2011, after being embroiled in a series of sex scandal allegations relating to sexual assaults.
In 2011, a New York hotel maid Nafissatou Diallo, accused Strauss-Kahn of sexually assaulting her but charges were dropped after her credibility was questioned. In the same year, journalist Tristane Banon accused the former IMF head of raping her, but prosecutors dropped all charges again.
Strauss-Kahn could now face trial on "aggravated pimping" charges relating to an alleged prostitution ring at the Carlton hotel in Lille. He admitted his involvement in the sex parties but denied that he knew any of the women were prostitutes.
But last year, DSK - as he is commonly known – teamed up with a member of the French society of financial analysts Thierry Leyne, to form LSK & Partners, an investment banking firm based in Luxembourg.
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