Thursday, September 15, 2011

Top Commodity Fund Faces Shake, Rattle and Roll


High-profile commodity hedge-fund manager Paul Touradji, facing what could be his flagship fund's first losing year, is stepping back in to run his firm's trading business full-time, according to the Wall St Journal

Mr. Touradji, a former protege of Julian Robertson's at Tiger Management, plans to drop responsibility for day-to-day management of Touradji Capital Management LLC to fully focus on trading, according to people familiar with the matter.

As part of the shake-up, two other executives will leave the firm, and Touradji Capital plans to bring on new employees who can help expand the firm's business with institutional investors, the people said…

http://online.wsj.com/article/SB10001424053111904491704576571124019462578.html?mod=WSJ_hp_LEFTWhatsNewsCollection

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