Touradji Moves Gold Bet To Gold Producer

Nov 16 2009 | 11:45am ET

Commodity hedge fund shop Touradji Capital Managament hasn’t lost its taste for gold, but it has restructured its bet on the precious metal.

The $2.7 billion New York-based hedge fund has amassed an US$84.7 million stake in Barrick Gold Corp., Bloomberg News reports.


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    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…