Touradji Capital to Start New Fund ~ market folly

Thursday, January 8, 2009

Touradji Capital to Start New Fund

'Tiger Cub' Paul Touradji and his Touradji Capital are set to launch another fund. Their flagship Global Resources fund was up 10% for the year through November and the firm currently manages $3.5 billion. Recently, at a 'Tiger Cub' hedge fund manager panel, Touradji advocated shorting Copper as the world deleverages and the velocity of money drops. We have detailed the changes in Touradji's portfolio holdings here.

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