Hedge Funds

Questions mount about Wood River

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Investors are raising questions about Wood River Capital Management, a hedge-fund firm based in San Francisco and Ketchum, Idaho, as the firm has stopped responding to investor phone calls.

The radio silence is reminding some of the quiet at the Bayou Group, a Stamford, Conn. hedge fund operation, before a long trail of fraud was tied back to the firm recently.

According to Reuters, Wood River was launched in 2003 by John Whittier, formerly co-head of the media and communications equity research group at the former Donaldson, Lufkin & Jenrette. The firm, which said it managed $500 million,