Hedge Fund News From HedgeCo.Net

After prostitution arrest, $4 billion hedge fund to become family office

Biz Journals – Roughly five months after the arrest of CEO Jim Bisenius in a prostitution sting, Common Sense Investment Management is closing its doors and becoming a family office, the Business Journal has learned.

As a family office, it will manage Bisenius’ wealth, but largely not have any outside clients.

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