News + Events

Madoff Trustee Reaches Recovery Agreement of $35 Million with Feeder Funds Ariel Fund Limited and Gabriel Capital, L.P.

June 1, 2015 - Chairman Bart M. Schwartz, who serves as court-appointed Receiver for Ariel Fund and Gabriel Capital in the liquidation of Bernard L. Madoff Investment Securities (BLMIS), agrees to $35m settlement agreement which will immediately benefit the BLMIS Customer Fund.