(The Business Insider) T. Boone Pickens said Friday that he was shutting down BP Capital, his energy-focused hedge fund, and transitioning towards a family-office structure. Pickens, 89, cited health concerns and a loss of interest in trading oil for his decision in a letter. The oil crash that began in 2014 roiled several energy-focused funds as prices fell by more than 70%.
Legendary investor T. Boone Pickens is shutting down his energy-focused hedge fund
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