title: David Dawson Cosgrove
text: # David Dawson Cosgrove
  
  David Dawson Cosgrove (born April 1960) is an Irish businessman whose Belvedere Management group claimed to have $16 billion of assets under administration. In 2016 he was barred from serving as an officer of any company regulated by the Mauritius Financial Services Commission (FSC) for a period of 5 years and the funds he managed were liquidated.
  
  ## Belvedere Management
  
  Cosgrove was the founder of the Belvedere Management group which claimed to have $16 billion of assets under administration. The group reportedly ran125 hedge funds and has numerous subsidiaries active in fund administration, life insurance, stock broking, and investment management.
  
  ## Other company appointments
  
  According to the listing document produced when Fulhold Pharma plc applied to have its shares admitted to the GXG Market in Denmark, as of 1 July 2014 Cosgrove was a director of over 70 companies located in Mauritius, Guernsey, Switzerland, Jersey, Seychelles, British Virgin Islands, Gibraltar, the Cayman Islands and the United Kingdom.
  
  ## Residence
  
  Cosgrove worked from Mauritius where he managed the business of Belvedere, but also had a home in South Africa where he also lived and where much of the firm's business was done.
  
  