Josh Raffaelli, who has deep roots as the Silicon Valley investor and has supported a number of Elon Musk companies, continues his former employer, the huge billion dollars Aum Brookfield Asset Management, reports the New York Times.
A large part of Raffaelli’s complaint concerns the way Brookfield has covered real estate losses linked to the pandemic and allegue that the company dismissed him after having filed a complaint for DRI denunciation. His costume makes allegations like fraud and corruption, while Brookfield vehemently denies any reprehensible act, he told Times.
In February, Brookfield discreetly closed the venture capital unit led by Raffaelli and launched assets in another unit, Bloomberg reported at the time. One of the complaints of Raffaelli in the costume is that Brookfield has not bought as many actions in companies belonging to muscles that he had obtained the possibility of buying.
Raffaelli had agreements to join musk companies like SpaceX, Xai and Boring Company, according to the costume. And his Brookfield Fund was a major funder for the Twitter Musk take control, Bloomberg reported.
The trial is a very public battle for Raffaelli, who previously worked as a partner of the venture capital company then known as Draper Fisher Jurvetson. (Today is a collection of funds.) During his stay in DFJ, Brookfield helped this company make investments in musk companies like Solarcity (acquired by Tesla), Spacex and Tesla.