Common Sense Becomes Family Office After Prostitution Bust

Jan 16 2014 | 1:08pm ET

Another scandal-tarred hedge fund is becoming a family office.

Common Sense Investment Management will return what's left of its clients assets and will manage firm founders' James and Janet Bisenius' wealth. Investors have been fleeing the Portland, Ore.-based fund of hedge funds in the wake of James Bisenius' arrest in a prostitution bust in August.


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