The US Securities and Exchange Commission has filed a civil
injunctive action charging ThinkStrategy Capital Management and
its sole managing director, Chetan Kapur, with deceptive
conduct in connection with ThinkStrategy Capital Fund and TS
ThinkStrategy Capital Fund traded primarily equities, while
the larger TS Multi-Strategy Fund is a fund of hedge funds that
holds investments in other hedge funds. At its peak in 2008,
ThinkStrategy managed approximately $520 million in assets.
The Commission's complaint alleges that over nearly seven
years, ThinkStrategy and Kapur engaged in...