SUBJECT-0378.dossier · company · status: active
LL
subject of file

Liquid Funding Ltd.

Bermuda-incorporated offshore investment vehicle chaired by Jeffrey Epstein 2001-2007
Tracked because Bermuda-incorporated offshore investment vehicle chaired by Jeffrey Epstein 2001-2007 · 11 documented connections
Facts on record19
Connections mapped11
Sources cited22
Evidence: 13P+5 1S 5I
Network web → Timeline → Compare with… → Position Drift → Coverage tone → View on Graph → View Card → Export CSV JSON Dossier ← Entity Directory
Stated vs Revealed
No documented contradictions on file.
PATTERN company → [subsidiary] → company → [employment] → person 176× PATTERN company → [subsidiary] → company 175× PATTERN person → [affiliation] → company → [subsidiary] → company 88× PATTERN company → [subsidiary] → company → [affiliation] → person 88× PATTERN company → [contractor] → company → [subsidiary] → company 33×
Connection Map
Key Connections
→ Bear Stearns company
subsidiary
Bear Stearns owned 40 percent of Liquid Funding Ltd.'s equity as confirmed in February 2003 SEC filing
← Bear Stearns Bank Plc company
managed_by
Bear Stearns Bank Plc acted as the 'Investment Manager' for Liquid Funding, Ltd., a AAA-rated special purpose vehicle. The entity's registered address was at Block 8, Harcourt Centre, Charlotte Way, Dublin 2, Ireland.
→ Natexis Banque Populaire company
creditor
Natexis Banque Populaire was part of a group that extended Liquid Funding a $250 million liquidity facility
→ Fitch Ratings company
rating agency
Fitch ratings reported that Liquid Funding Ltd. had $6.7 billion in outstanding liabilities in 2006
→ JPMorgan Chase company
banking
JPMorgan provided $250 million liquidity facility and served as Security Trustee
→ Sidley Austin company
legal counsel
Sidley Austin served as legal counsel to Liquid Funding
→ Appleby company
professional_services
Appleby provided offshore corporate services to Epstein's entities
← Jeffrey Epstein person
chairman
Epstein served as Chairman from 2001-2007 of this $6.7 billion offshore investment vehicle
Facts (19)
Data Freshness
Ageing Last update: 160d ago · Avg age: 2974d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (14)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
✓ verified Partially Corroborated Liquid Funding Ltd. filed filing with the SEC on 2005-03-10. Accession number: N/A.
✓ verified Primary Source No direct SEC EDGAR CIK registration found for Liquid Funding Ltd. despite extensive documented business operations
✓ verified Primary Source JPMorgan Chase, Bank of America and Natexis Banque Populaire extended Liquid Funding a $250 million liquidity facility
Date: 2004-01-01 Added: 08 Apr 2026 ↗ RECORDS: Moody's report issued in 2004
✓ verified Primary Source All outstanding rated liabilities of Liquid Funding Ltd. were paid in full and the company wound down voluntarily by April 18, 2008
Date: 2008-04-18 Added: 08 Apr 2026 ↗ RECORDS: Moody's rating agency announcement
✓ verified Primary Source Bear Stearns owned 40 percent of Liquid Funding Ltd.'s equity according to SEC filings
✓ verified Primary Source Jeffrey Epstein served as chairman of Liquid Funding Ltd. from November 9, 2001 to at least March 19, 2007
✓ verified Primary Source Liquid Funding Ltd. had $6.7 billion in outstanding liabilities in 2006 and was 40% owned by Bear Stearns
✓ verified Primary Source <cite index="16-5">In April 2007, the Liquid Funding fund had a leverage ratio of 17:1, which meant for every dollar invested there were 17 dollars of borrowed funds</cite>
✓ verified Primary Source <cite index="17-5,17-6">Liquid Funding Ltd. was partially owned by the investment bank Bear Stearns, where Epstein had worked, and the bank's collapse would help set in motion the 2008 financial crisis</cite>
Date: 2008-03-01 Added: 08 Apr 2026 ↗ RECORDS: Chapter 7 bankruptcy petition
✓ verified Primary Source Liquid Funding Ltd. was dissolved on November 25, 2015 after going into Members' Voluntary Liquidation
Date: 2015-11-25 Added: 08 Apr 2026 ↗ RECORDS: Chapter 7 bankruptcy petition
✓ verified Primary Source Moody's reported on April 18, 2008 that all outstanding rated liabilities of Liquid Funding Ltd. were paid in full
Date: 2008-04-18 Added: 08 Apr 2026 ↗ RECORDS: Moody's Investors Service announcement
✓ verified Primary Source Liquid Funding Ltd. had $6.7 billion in outstanding liabilities in 2006 according to Fitch ratings
Date: 2006-01-01 Added: 08 Apr 2026 ↗ RECORDS: Fitch Ratings report
✓ verified Primary Source Bear Stearns owned 40 percent of Liquid Funding Ltd.'s equity as confirmed in February 2003 SEC filing
Date: 2003-02-01 Added: 08 Apr 2026 ↗ SOURCE: Bear Stearns SEC regulatory filing
✓ verified Primary Source Liquid Funding Ltd. was incorporated in Bermuda on October 19, 2000 by Appleby law firm
Date: 2000-10-19 Added: 08 Apr 2026 ↗ SOURCE: ICIJ Paradise Papers documents
All Connections (11)
→ JPMorgan Chase company
banking, financial_services confirmed
JPMorgan provided $250 million liquidity facility and served as Security Trustee · Provided $250 million liquidity facility and served as Security Trustee
→ Sidley Austin company
legal counsel confirmed
Sidley Austin served as legal counsel to Liquid Funding
→ Appleby company
professional_services, legal_services confirmed
Appleby provided offshore corporate services to Epstein's entities · Appleby law firm incorporated Liquid Funding in Bermuda
rated_entity_or_potential_rated_entity inferential
While no direct rating relationship has been publicly documented, Moody's role as a credit rating agency for structured finance securities and collateralized debt obligations places it within the same financial ecosystem as Liquid Funding Ltd, a Bermuda-domiciled structured finance and derivatives trading vehicle whose chairman and director was Jeffrey Epstein. Liquid Funding was dissolved in 2015. The OffshoreAlert filings include a private placement memorandum and derivatives trading agreements of the type Moody's would typically rate.
→ Bear Stearns company
subsidiary primary since 2003
Bear Stearns owned 40 percent of Liquid Funding Ltd.'s equity as confirmed in February 2003 SEC filing
creditor primary since 2006
Natexis Banque Populaire was part of a group that extended Liquid Funding a $250 million liquidity facility
→ Fitch Ratings company
rating agency primary since 2006
Fitch ratings reported that Liquid Funding Ltd. had $6.7 billion in outstanding liabilities in 2006
← Jeffrey Epstein person
chairman confirmed
Epstein served as Chairman from 2001-2007 of this $6.7 billion offshore investment vehicle
← Marcus Klug person
corporate_director confirmed
Served as director of Epstein offshore vehicle
← Deloitte company
auditor confirmed
Deloitte served as auditor for Liquid Funding Ltd.
← Bear Stearns Bank Plc company
managed_by primary since 2003
Bear Stearns Bank Plc acted as the 'Investment Manager' for Liquid Funding, Ltd., a AAA-rated special purpose vehicle. The entity's registered address was at Block 8, Harcourt Centre, Charlotte Way, Dublin 2, Ireland.
Sources (22)
2006-04-14 ↗ SEC EDGAR: filing — Liquid Funding Ltd. (2006-04-14) sec_filing Processed 📜 Receipt
2007-08-21 ↗ SEC EDGAR: filing — Liquid Funding Ltd. (2007-08-21) sec_filing Processed 📜 Receipt
2008-03-07 ↗ SEC EDGAR: filing — Liquid Funding Ltd. (2008-03-07) sec_filing Processed 📜 Receipt
2005-03-10 ↗ SEC EDGAR: filing — Liquid Funding Ltd. (2005-03-10) sec_filing Processed 📜 Receipt
2026-05-09 UNVERIFIED SEARCH_ERROR: Liquid Funding Ltd. not found in opencorporates claim_flag Processed 📜 Receipt
2026 UNVERIFIED Research: Liquid Funding Ltd. — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt
2026 UNVERIFIED Research: Liquid Funding Ltd. — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: Liquid Funding Ltd. — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Liquid Funding Ltd. — Corporate registrations (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: Liquid Funding Ltd. — USASpending contracts (no results) contract Processed 📜 Receipt
2005-03-10 ↗ SEC EDGAR: filing — Liquid Funding Ltd. (2005-03-10) web_search Processed 📜 Receipt
— ↗ SEC EDGAR database search results discovery_scope_note Processed 📜 Receipt
2004-01-01 ↗ Moody's report issued in 2004 web_search Processed 📜 Receipt
2008-04-18 ↗ Moody's rating agency announcement web_search Processed 📜 Receipt
— ↗ SEC filing by Bear Stearns prior to 2008 collapse web_search Processed 📜 Receipt
2001-11-09 ↗ Wall Street on Parade investigation citing Appleby law firm files web_search Processed 📜 Receipt
2000-10-19 ↗ ICIJ Paradise Papers database and Wall Street on Parade reporting web_search Processed 📜 Receipt
2006-01-01 ↗ SEC regulatory filing by Bear Stearns in February 2003 and Fitch ratings web_search Processed 📜 Receipt
2008-04-18 ↗ Moody's Investors Service announcement web_search Processed 📜 Receipt
2006-01-01 ↗ Fitch Ratings report web_search Processed 📜 Receipt
2003-02-01 ↗ Bear Stearns SEC regulatory filing web_search Processed 📜 Receipt
2000-10-19 ↗ ICIJ Paradise Papers documents web_search Processed 📜 Receipt