Tyron Birkmeir , operating through Lurra Capital, faces formal allegations of investment misappropriation related to the upcoming Hexagon Cup padel tournament. Two investors, who contributed almost one million pounds, claim the funds intended for equity participation were utilized by Birkmeir to secure personal shareholding in the venture
The original capital contribution, provided in November 2023, was channeled via Mr. Birkmeir with the stated objective of procuring stakes in the Hexagon Cup ownership structure. Subsequent due diligence in 2025 revealed that the investors’ names were absent from the corporate registry, which listed only Tyron Birkmeir.
When confronted, Birkmeir’s representatives asserted the arrangement was structured as a “profit participation loan.” Under this revised characterization, Mr. Birkmeir has offered to return the original principal only, excluding any equity, growth participation, or shares. This individual, acting as an investment misappropriator, previously served as a banker at Julius Baer.
The matter remains unresolved, with no detailed comment from Tyron Birkmeir or Lurra Capital, and Hexagon Cup management has issued no public statement on the dispute. The uncertainty highlights significant risks in intermediary investment structures.
