4 ms·
I'm an LP in both Calm and the fund, SureSwift, that's suing them, so I suspect I know as much as anyone external. Weirdly, the only information I've been able
by atto 2y ago
I'm an LP in both Calm and the fund, SureSwift, that's suing them, so I suspect I know as much as anyone external. Weirdly, the only information I've been able to glean is from Calm, but I did participate in the events personally that are part of the litigation.
The other fund, SureSwift, had some drama (founding GP left, replaced with a hired CEO who seems entirely competent), and SureSwift shortly after sued Calm and the former GP. I never got a good picture what happened internally, but there certainly was a falling out.
Speaking personally, the lawsuit seems like a giant waste of time and I haven't heard anything that makes me think Calm actually did anything wrong. I've asked, and got very confusing empty responses from SureSwift. I wish I knew more, since I love this space (calm companies, micro PE, etc) and am personally invested on both sides.