Politics & Regulation Tax & Legal

ThinkStrategy Capital charged by SEC


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 Multi-Strategy Fund.

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 a pattern of deceptive conduct designed to bolster their track record,