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Touradji Capital Management
Touradji Capital Management is a hedge fund based in New York City. It was founded by Paul Touradji in January 2005 after his previous venture, Catequil Asset Management, was closed amid a legal dispute. Touradji Capital is called a " Tiger Cub", as it is a fund that grew out of Julian Robertson's Tiger Management. In 2007, the fund had $0.5 billion under management. In January–July 2012, Peter Borish was CEO of Touradji Capital Management. In May 2019, a Manhattan jury unanimously found Touradji Capital Management LP responsible for the compensation of two former portfolio managers, Gentry Beach and Robert Vollero. The verdict awarded the former employees over $40m and with statutory interest the judgment was entered in an amount in excess of $90m. According to the New York Law Journal, The Seiden Law Group LLP in New York, with attorneys Robert Seiden Robert W. Seiden is an American former prosecutor, lawyer, global investigator, court-appointed receiver, integrity mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedge Fund
A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as short selling, leverage, and derivatives. Financial regulators generally restrict hedge fund marketing to institutional investors, high net worth individuals, and accredited investors. Hedge funds are considered alternative investments. Their ability to use leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, commonly known as mutual funds and ETFs. They are also considered distinct from private equity funds and other similar closed-end funds as hedge funds generally invest in relatively liquid assets and are usually open-ended. This means they typically allow investors to invest and withdraw capital periodically based on the fund's net asset value, whereas pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
