Clive Fund Bounces Back In February

Mar 9 2011 | 1:28pm ET

Clive Capital's flagship hedge fund jumped 4.9% in February on the heels of a flat January.

The $5 billion commodities and energy hedge fund is now up 5% this year, Bloomberg News reports.

The fund rose by double-digits last year, an impressive feat, given that it was down about 4% through the middle of 2010.

The average hedge fund rose about 1.4% last month and is up 2% on the year.

Clive Capital specializes in the trading of fundamental, discretionary, diversified commodity intensive portfolios. All commodity groups are traded including global energies, base metals, precious metals, grains, vegetable oils, agricultural products, soft commodities, meats and exotics. The firm was founded by Chris Levett in December 2007 following his four-year stint at New York-based Moore Capital Management.

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