Pentagon Capital Management plc
Pentagon Capital Management plc (FRN 189239, Company No. 03657659) was an FCA-authorised investment fund manager and financial adviser. The firm also came to the attention of US regulators: the Securities and Exchange Commission took enforcement action against Pentagon Capital Management, finding that the firm had engaged in late trading in mutual funds between 2001 and 2003. The US court upheld those findings and ordered the firm to pay a $76.8 million fine.
The firm entered administration in the UK in June 2012. The FSCS investigated Pentagon Capital Management and concluded its initial investigation in June 2019, at which point claims were passed to its processing teams for individual assessment.
Former clients of Pentagon Capital Management who suffered investment losses and believe those losses arose from misconduct or unsuitable advice may still be able to pursue a claim.
Issues / Why You May Have a Claim
The SEC enforcement action against Pentagon Capital Management identified serious wrongdoing in the way the firm managed certain investment strategies. Clients who suffered losses arising from the firm’s conduct, whether in connection with its US activities or its UK operations, should seek specialist advice to understand whether a compensation route remains open to them.
Company background (public record)
The company was incorporated at Companies House on 28 October 1998 under company number 03657659. Its status at Companies House is recorded as liquidation.
Registered office: Level 33 Cone Anada Square, London, E14 5AB.
Nature of business (SIC): 64999.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 28 Oct 1998 | Company incorporated | Companies House |
| 28 Oct 1998 | Jafar Omid appointed secretary | Companies House |
| 28 Oct 1998 | Hallmark Secretaries Limited appointed corporate-nominee-secretary | Companies House |
| 28 Oct 1998 | Hallmark Secretaries Limited resigned as corporate-nominee-secretary | Companies House |
| 28 Oct 1998 | David Samuel Chester appointed director | Companies House |
| 28 Oct 1998 | Jafar Omid appointed director | Companies House |
| 28 Oct 1998 | Hallmark Registrars Limited appointed corporate-nominee-director | Companies House |
| 28 Oct 1998 | Hallmark Registrars Limited resigned as corporate-nominee-director | Companies House |
| 28 Oct 1998 | Hallmark Secretaries Limited appointed corporate-director | Companies House |
| 28 Oct 1998 | Hallmark Secretaries Limited resigned as corporate-director | Companies House |
| 01 Dec 2001 | FCA status recorded as: Authorised | FCA Register |
| 05 Oct 2006 | David Samuel Chester resigned as director | Companies House |
| 23 Oct 2006 | Matthew Anthony Ember approved by the FCA at the firm | FCA Register |
| 02 Nov 2006 | Darren James Bennett approved by the FCA at the firm | FCA Register |
| 13 Nov 2006 | David Stephen Perry approved by the FCA at the firm | FCA Register |
| 12 Apr 2007 | Leon Berquez approved by the FCA at the firm | FCA Register |
| 14 May 2007 | Shahrad Jay Kamel approved by the FCA at the firm | FCA Register |
| 28 Jun 2012 | Company entered administration (in administration) | Companies House |
| 27 May 2019 | FSCS update: Although FSCS is accepting claims against Pentagon, these have not yet been passed to our claims processing teams for as… | FSCS |
| 17 Jun 2019 | FSCS update: FSCS has now concluded its investigations into the practices of Pentagon | FSCS |
| 12 Jun 2020 | Declared in default by the FSCS | FSCS |
| 28 Feb 2021 | Jafar Omid resigned as secretary | Companies House |
| 28 Feb 2021 | Jafar Omid resigned as director | Companies House |
| 20 May 2021 | Lewis Chester resigned as director | Companies House |
| 28 May 2021 | Company administration ended (in administration) | Companies House |
| 28 May 2021 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 28 May 2021 | Insolvency practitioner appointed: Kirstie Jane Provan | Companies House |
| 28 May 2021 | Insolvency practitioner appointed: Mark Robert Fry | Companies House |
Focused on the firm’s early history and the events leading up to and following its failure. 12 routine entries from its active years are omitted.
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Lewis Chester. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 08/12/2019), CF3 Chief Executive (01/12/2001 to 08/12/2019), CF1 Director (01/12/2001 to 08/12/2019), SMF3 Executive Director (09/12/2019 to 28/02/2021) at the firm.
- Jafar Omid. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 08/12/2019), CF11 Money Laundering Reporting (01/12/2001 to 08/12/2019), CF10 Compliance Oversight (01/12/2001 to 08/12/2019), CF1 Director (01/12/2001 to 08/12/2019) at the firm.
- Michael Neil Ezra. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 18/04/2008), CF27 Investment Management (24/08/2005 to 31/10/2007) at the firm.
- Andrew Bass. Listed on the FCA Register as having held CF21 Investment Adviser (10/12/2003 to 06/02/2004), CF26 Customer Trading (17/12/2003 to 07/07/2006) at the firm.
- Leon Berquez. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 11/01/2008), CF26 Customer Trading (12/04/2007 to 31/10/2007) at the firm.
- Shahrad Jay Kamel. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 11/01/2008), CF27 Investment Management (14/05/2007 to 31/10/2007) at the firm.
- Matthew Anthony Ember. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 31/08/2008), CF27 Investment Management (23/10/2006 to 31/10/2007) at the firm.
- Vipool Keshavlal Shah. Listed on the FCA Register as having held CF21 Investment Adviser (10/12/2003 to 31/10/2007), CF30 Customer (01/11/2007 to 31/12/2012) at the firm.
- Darren James Bennett. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 18/04/2008), CF26 Customer Trading (02/11/2006 to 31/10/2007) at the firm.
- Shamil Anil Chandaria. Listed on the FCA Register as having held CF27 Investment Management (28/12/2005 to 23/08/2006), CF1 Director (28/12/2005 to 23/08/2006) at the firm.
Review page sources: FCA Register (FRN 189239) · Companies House (03657659) · FSCS. Public records, provided for transparency.
