Ted Bunker's profile photo

Ted Bunker

New York

Deputy Editor, WSJ Pro Private Equity at The Wall Street Journal

Articles

  • 1 month ago | wsj.com | Ted Bunker

    David Gentile and Jeffry Schneider orchestrated a $1.8 billion private-equity operation likened to a Ponzi schemeMay 9, 2025 5:54 pm ET|WSJ ProA federal judge ordered prison time for the architects of the biggest private-equity fraud since the collapse of Abraaj Group in 2018, sentencing both Friday for their roles in setting up GPB Capital Holdings and marketing its funds to everyday investors with promises of earning 8% returns.

  • 2 months ago | wsj.com | Ted Bunker

    A judge has authorized a court-appointed receiver to begin sending money back to investors who have been kept from their capital since late 2018April 9, 2025 5:25 pm ET|WSJ ProThousands of investors in GPB Capital Holdings funds may soon start to get some of their money back after a federal judge authorized the firm’s court-appointed receiver to begin an initial $400 million distribution.

  • Feb 28, 2025 | wsj.com | Ted Bunker

    Two central figures convicted in the $1.8 billion GPB Capital Holdings fraud case want their legal expenses to be given priority over returning money to fund investors, even though about $75 million has already gone to their defense, firm receiver Joseph Gardemal said in a court filing about their requests.

  • Feb 12, 2025 | wsj.com | Ted Bunker

    Two men awaiting sentencing on criminal fraud and conspiracy charges tied to roughly $1.8 billion invested with GPB Capital Holdings have objected to an initial plan to distribute hundreds of millions of dollars from the firm’s funds to investors, asserting that it unfairly leaves them out.

  • Dec 6, 2024 | wsj.com | Ted Bunker

    Using Voldemort and terms like “our Idaho friend” for Anthony were part of a scheme that resulted in the formation of VitalCaring and led to Will’s decision Monday to impose penalties on the company, Vistria Group and Nautic Partners, including handing 43% of future earnings and exit gains to Encompass.

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