Financial Times FT.com

Clive closes door on new investors

By Gregory Meyer in New York

Published: November 12 2009 23:17 | Last updated: November 13 2009 15:08

Clive Capital, the world’s largest commodity hedge fund, is shutting its doors to new investors just two years after its launch as raw materials have regained allure.

The London-based fund, which trades commodities ranging from oil to metals and meats, has swelled to $3.5bn in assets since its 2007 launch by former Moore Capital trader Chris Levett.

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