Wow.. I took some money of ERQ (took some off all of my portfolio - but thats another topic) and I guess contributed some in making way for this. From what I remember ERQ had around 165 investors so someone just invested big on it judging from the 163 investors at the time.
I cannot speak for HCP cause I dont follow it.
For sure we (investors of ERQ) are all gonna experience a hell of divergence now:/ I cannot imagine this being profitable for any of us - the limit should have been respected.
edit: look at SYO as well (+1mil), LVS has not lost much AUM lately
edit 2: HFD,OOA,YZZ got 0.5 mil each and KVL,ZXW,ASY,HCP,CWT 200K or so