Touradji Capital Management
Touradji Capital Management is a hedge fund based in New York City.
It was founded by Paul Touradji in January 2005 [1] after his previous venture, Catequil Asset Management, was closed amid a legal dispute.[2]
Touradji Capital is called a "Tiger Cub", as it is a fund that grew out of Julian Robertson's Tiger Management.[3]
In 2007, the fund had $0.5 billion under management.[4]
In January–July 2012, Peter Borish was CEO of Touradji Capital Management.[5][6]
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.[7] The verdict awarded the former employees over $40m and with statutory interest the judgment was entered in an amount in excess of $90m.[8] According to the New York Law Journal, Seiden Law LLP in New York, with attorneys Robert Seiden, Michael Stolper and David Greenberger handled the litigation against Touradji Capital Management LP and will be handling the appeal.[9]
References
[edit]- ^ Wall Street's New Love Affair, Businessweek, August 14, 2006
- ^ Personal Feud Closes $1.5B Hedge Fund, Frederick Boyd, New York Sun, October 28, 2004
- ^ Touradji hedge fund hires Bram, Dow Jones MarketWatch, January 31, 2006
- ^ Touradji says speculation changes commod[itie]s markets under management, Reuters, April 13, 2007
- ^ "CEO Leaves Hedge Fund Touradji Capital". Pensions & Investments/Bloomberg. July 10, 2012. Retrieved April 21, 2014.
- ^ Pleven, Liam (January 10, 2012). "Touradji Names New CEO, Trading Director". The Wall Street Journal. Retrieved April 21, 2014.
- ^ English, Carleton (June 6, 2019). "Former high-flying hedgie ordered to cough up $90M in bonus trial". New York Post. Retrieved June 13, 2019.
- ^ Chung, Juliet (June 6, 2019). "Two Former Hedge Fund Employees Expected to Get $90 Million Jury Payout". Wall Street Journal. ISSN 0099-9660. Retrieved June 13, 2019.
- ^ Jason Grant (June 27, 2019). "After Decade-Long Legal Fight, Hedge Fund Managers Win $46 Million; Now Comes the Appeal". New York Law Journal. Retrieved July 2, 2019.
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