BlueGold Capital Denies Responsibility for Oil Sell Off

February 5th, 2010
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After seeing oil drop 5 percent last Thursday, many industry traders have attributed the sell off to hedge fund BlueGold Capital’s unloading of a massive long position. According to a Reuters article, BlueGold has a reputation for market moving trades amongst oil industry traders. Chief Executive Officer Dennis Crema has denied his firm’s responsibility in the matter.
See Press Release
For Detailed Investor Profiles on these Investors, click below:
BlueGold Capital
Related People: Dennis Crema; Pierre Andurand
Related Entities: BlueGold General Partner Inc; BlueGold Global Fund LP; BlueGold Investments Limited
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News

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