NYC hedge funds crack fracking titan

NY Post – A pair of New York-based hedge funds outmaneuvered new-age oil and gas titan Tom Ward, head of SandRidge Energy, according to a new book centered on the epic fortunes of a group of natural-gas wildcatters.

Wall Street Journal reporter Gregory Zuckerman writes in “The Frackers” that in June, cage-rattling hedge funds TPG-Axon Capital (headed by Dinakar Singh) and Mount Kellett Capital Management forced Oklahoma native Ward to step down from the board of the energy company he helped found.

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