Odey’s Fund Executives Wanted to Make Him Work in the Basement

Odey Asset Management executives discussed making founder Crispin Odey work from the office basement as they sought to ease regulator concerns about safeguarding other staff while handling a slew of sexual misconduct allegations.

Odey refused to take a sabbatical or to work from home in 2022 while his firm investigated his conduct, prompting the suggestion that he might work in the firm’s basement, according to a member of the executive committee. The portfolio manager faced at least 46 allegations of inappropriate conduct following an internal report commissioned by the executive committee of Odey Asset Management.