Chris Levett's Clive Capital closes to New Investors
| November 19th, 2009 |
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The commodity-focused Clive Capital is shutting its doors to new investors in an effort to maintain its ability to trade in many low volume commodities markets. According to an article in the Financial Times, obscure commodity markets such as heating oil simply can’t handle the same volume of trading that takes place in the larger markets. Clive Capital’s Chris Levett intends on maintaining a lean asset-base in order to nimbly maneuver such markets.
The Clive Fund has returned 17% year to date and an impressive 74% since inception net of fees. Commodity fund inflows have rebounded since reaching lows in January, and have increased significantly since September highlighting investor appetite for pure commodity plays.
Clive Capital was founded in 2007 by Chris Levett. Prior to founding Clive Capital, Mr. Levett was a trader at Louis Bacon’s Moore Capital. |
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For Detailed Investor Profiles on these Investors, click below: |
| Greg Coffey; | Jean-Philippe Blochet; | Louis Bacon; | Louis Bacon | | Moore Capital Emerging Markets; | Moore Global Fixed Income; | Moore Japan Restructuring; | Remington Investment Strategies; | The Clive Fund LP; | Valence Capital Management | More Recent Headlines
