Clive CFO Quits

Jul 26 2010 | 12:07pm ET

Paul Russell, chief financial officer at Clive Capital, has resigned from the London-based hedge fund.

Russell left the firm last month, Bloomberg News reports, after more than three years at the hedge fund. Russell was a partner at Clive.

Before joining the US$3.9 billion commodities hedge fund, Russell worked at hedge fund Global Advisors.


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The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.