Freedom Acquisition Holdings

"According to verifiable research by biographer Vivien Stein, at this time his son Nicolas is already running the family foundation's business. As an investment vehicle, the special-purpose entity Freedom Acquisition Holdings is established and the offshore company Alexander Holdings is registered in the British Virgin Islands. The advantage is not only in the tax exemption. The banks in the Virgin Islands, as part of the British Commonwealth, are connected to London's financial institutions. One can channel the funds from the British-caribbean tax havens into European or global investment at any time, while also saving on capital transaction taxes."

"In 2007, the British hedge fund provider GLG Partners merged with Nicolas Berggruen. With the accession of his first special-purpose vehicle Freedom Acquisition Holdings, which he founded together with Martin Franklin (CEO of Jarden Corporation), the largest independent management company for alternative investments in Europe was created. Especially during the financial crisis, investment banks provided Nicolas Berggruen with credits in almost unlimited amounts. They were fascinated by the personality of this tireless "asset manager," who apparently succeeded in everything he touched."

"And Nicolas Berggruen has his fingers in the pie every time. The most notable tokens in this Monopoly include Burger King Worldwide, Freedom Acquisition Holdings, Phoenix Group Holdings, Prisa, and Liberty Acquisition Holdings."