Regulatory Status

What Is Known About the Corinth Group in Cyprus?

The Cyprus operations centered on Corinth Fund Management Ltd (AIFM license AIFM48/56/2013) and Corinth Capital RAIF V.C.I.C. Ltd (HE 409232).

CySEC granted the AIFM license in approximately February 2022 but revoked it on 3 October 2022 — after only 7.5 months. The RAIF was dissolved on 13 January 2023.

The RAIF had 5 sub-funds including a "Naturalization Estate Fund" targeting the Cyprus Investment Programme (golden passports). Directors included Andreas Matsas (~57 Cyprus companies, OffshoreAlert tagged), Socrates Fekkas (EXNESS CEO), and Dr. Gerhard Waldheim.

H. Samaras operates the related Pytheas entities from Nicosia.

[Source: CySEC register, Cyprus company registry]

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