Fishers Hedge Fund Manager Suspected of ‘Financial Irregularities’, Investment Advisor Resigns
Scott Noble, Investment Advisor of Samex Capital Advisors, LLC, found some suspicious documents related to a hedge fund operated by his employer, Keenan Hauke of Samex Capital Partners, LLC, and abruptly resigned last Friday afternoon. Through an email sent out to investors and associates of Samex Capital Partners, LLC and Samex Capital Advisors, LLC, Noble “disassociated” himself from the Fishers-based financial services company claiming that he discovered “financial irregularities.” He turned the information in question over to the United States Securities and Exchange Commission and the Indiana Securities Division.
Through an exclusive interview with GeistTV.com, Noble recounts the details of how he discovered documents on an internal server that looked suspicious. After a meeting with the accounting firm that managed the hedge fund owned by Samex Capital Partners, LLC, Noble’s suspicions were confirmed.
“I can’t discuss the specifics of what I found, but I had no choice but to report the matter to regulatory agencies,” said Noble. “I’m not sure how extensive or how far reaching the problem is, but the authorities have everything I had and they are currently conducting their own investigation.”
Hauke was well-respected in the local and national business community, a frequent expert guest on Fox Business News and CNBC as well as financial columnist for the Indianapolis Business Journal and the Geist Community Newsletter.
As for Noble, he resigned his position as an investment advisor of Samex Capital Advisors, LLC which was wholly owned by Hauke as well. He has launched his own investment advisory firm called Ternion Advisors, which will be registered with the State of Indiana in the coming days, and still manages his own hedge fund with other partners called Ternion Trading Group, LLC.
“I still need to make a living. We had a good team and we are good at what we do.”
Hauke did speak to atGeist.com via telephone and indicated that he was meeting with authorities this coming Monday.
“We’ll explain things and get all this past us next Monday,” Hauke said.