Bloomberg – Michael Coleman and Doug King’s Merchant Commodity Fund and Chris Levett’s Clive Fund posted returns in the first 11 months that were more than four times average gains by hedge funds and outperformed index investments.
The $1.4 billion Merchant fund climbed 14.4 percent through November, according to a report obtained by Bloomberg News. Coleman confirmed its accuracy. Clive Capital LLP’s $4 billion fund advanced 11.3 percent, according to two people with direct knowledge of the matter. They declined to be identified because the numbers are private.