Touradji’s Winning Way Fails to Obscure Ex-Employees’ Hostility
Monday, August 3, 2009 : PermalinkBloomberg – Paul Touradji had a good year in 2008, a 12-month span that most other traders would like to forget. His flagship hedge fund, Touradji Global Resources Fund LP, returned 8.6 percent trading oil, copper and aluminum.
The average hedge fund lost 19 percent, and some expert managers, such as Chicago-based Citadel Investment Group LLC, saw their funds drop more than 50 percent. Touradji’s biggest competitor, Ospraie Management LLC, closed its largest fund.
Tags: aluminum, bloomberg, citadel-investment-group, citadel-investment-group-llc, competitor, copper, expert managers, flagship, global resources, good year, hedge fund, management llc, paul-touradji, resources-fund, rsquo, span
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