Management Firm Pulls Out of Britney Spears Conservatorship

Bessemer Trust was supposed to be co-conservator of Britney Spears’ estate with her father. However, according to documents filed Thursday cited by the New York Times, they have since resigned from the arrangement.

Variety reported:

“The company, which manages more than $100 billion in assets, said it was requesting to withdraw ‘due to changed circumstances.’ In the filing, the firm said it had been told the singer’s conservatorship was voluntary and under her consent, but in her blistering, 24-minute statement against the conservatorship in court last week made clear that she is opposed to it, or at least her father, Jamie Spears continuing as her conservator. She has said multiple times that wants him removed as her conservator; her most recent request, which pre-dated last week’s statement, was denied by Judge Brenda Penny on Wednesday.”

Variety