Notice - Winding Up - Yew Tree Investments Limited (2026-06-30)

Summary

This is a public notice from the Bermuda Monetary Authority (BMA) announcing that it petitioned the Supreme Court of Bermuda to wind up Yew Tree Investments Limited, an authorised investment fund, under the Investment Funds Act 2006 and the Companies Act 1981. The Court ordered the winding up on 5 June 2026 and appointed Joint Provisional Liquidators (JPLs) from Teneo (Bermuda) Limited to take over the Company's affairs.

• Basis for action: The BMA determined winding up was necessary due to repeated and long-standing breaches of the Investment Funds Act 2006 and Investment Fund Rules 2019.
• Specific breaches cited: Failure to prepare audited financial statements; failure to carry out or report suspension of Net Asset Valuations; failure to appoint an administrator; failure to file compliance statements; and failure to conduct business prudently.
• Outcome: The Company was wound up by Court order and Charles Thresh and Michael Morrison of Teneo (Bermuda) Limited were appointed Joint Provisional Liquidators.
• Contact: Questions regarding the Company should be directed to the JPLs, specifically Nathan Bickley-May at Teneo.

This notice is informational and specific to Yew Tree Investments Limited; it does not impose new ongoing obligations on other regulated entities but signals the BMA's enforcement approach to persistent breaches of fund governance and reporting requirements.

Applies to

investment funds (authorised funds under the Investment Funds Act 2006), fund administrators