Thursday, April 21, 2011
Touradji Capital Management
The Iranian-born Touradji's $3.5 billion assets under management make his commodity-based hedge fund the biggest in the U.S.
He is said to have a hot temper (former employees have sued over back pay and abusive behavior, claims he denies), but his trading is unusually disciplined in a volatile market.
Since starting his fund in 2005 he's never had a down year, including 2008, when he returned 13%. So far he's up 5.7% in 2009. (He was ranked 18th Wall Street highest earners in 2009 wih $110M by Forbes)
Mentor: Julian Robertson of Tiger Management. Touradji wanted to work in the oil industry, but the hedge fund icon put him in commodities -- and he was hooked.
--> Paul Touradji invested 80% of the equity portion of his commodities-focused hedge fund’s portfolio into gold !
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