Bloomberg – BlueGold Capital Management LLP, the energy hedge fund manager overseeing $1.7 billion in assets, returned 12.5 percent to investors in March, more than four times the gain of the average hedge fund.
The fund rose a cumulative 1.5 percent in the first quarter, extending last year’s 55 percent advance, Chief Executive Officer Dennis Crema said by e-mail April 9. He declined to give details on the individual performance of the fund’s investments.
