The Financial Post reports in its Wednesday edition the trustee recovering money for Bernard Madoff's victims on Tuesday announced two agreements to recoup more than $145-million, boosting the total amount raised to nearly $10.5-billion (all figures U.S.). A Reuters dispatch to the Post says Irving Picard, the trustee, reached a $95-million settlement with Senator Fund SPC, a Cayman Islands feeder fund that had invested customer money exclusively with Mr. Madoff's investment LLC. Mr. Picard also said a federal bankruptcy judge has approved a separate settlement worth at least $50.5-million with defendants including real estate developer Edward Blumenfeld. Tuesday's payouts come on top of a $496.8-million settlement announced on Monday with two other Cayman Islands investment funds, Herald and Primeo. Mr. Picard has now recouped roughly 60 per cent of the $17.5-billion of principal that he estimated was lost by customers of Mr. Madoff. The Ponzi scheme was revealed in December, 2008. Close to $6-billion has been distributed to date. Senator will receive a $239-million claim in the Madoff firm's liquidation because it deposited more there than it withdrew. The so-called feeder funds sent money to Mr. Madoff.