Connor Olev Martin O'Brien (born 4 February 1961)[1][2] is a British-Estonian alpine skier, businessman, and investor.
[7] O'Brien began his career as an associate at Lehman Brothers and then moved to Merrill Lynch, where he was a vice-president for mergers and acquisitions (M&A).
[11] According to the business daily Aripaev, ESCO has in the last four years accumulated huge debt, and its main shareholders were suspected of siphoning capital out of the company.
[12] Stanton sold its interest to Tschudi & Eitzen in June 2001 in order to recoup some money after dismal showings in both MaritimeDirect and Millenium Seacarriers.
[13][14][15] Stanton followed the ESCO investment by teaming with shipping-industry executive Vassilios M. (Bill) Livanos in 1998 to form Millenium Seacarriers, Inc., a United States-based dry-bulk shipping company that eventually owned and operated a fleet of up to 22 bulk carriers.
Millenium Seacarriers faced difficulties when market conditions and charter rates for the dry-bulk shipping sector deteriorated in the early 2000s.
MaritimeDirect weakened as a result of downturns in the dry-bulk shipping industry, overly optimistic projections, and the decline in tech-sector financing.
[27] In 2014, the Autorité des marchés financiers charged O'Leary Funds with failing to comply with various provisions under the Securities Act, namely, the restriction regarding securities concentration in a portfolio, the requirement to publish and file in a timely manner a press release informing the public about changes to a fund's fundamental investment objectives, the requirement to hold insurance coverage in accordance with regulations and the requirement to notify the AMF of any change to the information filed for registration purposes.
O'Leary Funds contended that the proposed amendment to Boralex Power Income Fund's trust agreement was illegal,[29] and petitioned the Montreal District Superior Court for the Province of Québec for a safeguard order (injunction), or ordonnance de sauvegarde, to prevent Boralex from proceeding with the sale.
[32] Temporarily coming out of retirement and while working on Wall Street, he returned to the Olympic Games in 1994 to ski for his mother's native country, Estonia, which had recently gained independence from the Soviet Union.