Once again Aubrey McClendon is into the hedge fund game and this time he is more forthright in his approach.
McClendon if you don’t remember is the ousted founder of Chesapeake Energy. He had led a group of Oklahoma City-area investors to invest in a small fund Caption Partners run by two young managers.
Reuters in 2012 had reported that MCClendon who became the head of American Energy Partners, had from 2004 to 2008 run a $200 million hedge fund inside Chesapeake. Chesapeake was the second-largest natural-gas producer in the U.S. The Outfit named Heritage Management came under scathing criticism for conflicting interests between the company operations and investments made by the fund.
Though McClendon was never accused of wrongdoing, but other corporate governance issues contributed to his removal as chairman and ultimate departure in April 2013.cialis youtube