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Legendary investor Boone Pickens closes energy hedge fund amid setbacks

Reuters  |  HOUSTON 

HOUSTON (Reuters) - Legendary investor T. Boone Pickens said on Friday he has closed his Dallas-based energy hedge fund amid health and financial setbacks. Pickens, 89 years old, said in a letter posted online that he plans to focus on his health and on entrepreneurship, philanthropic and political activities. He is still recovering from a serious fall last summer and suffered a series of strokes in late 2016. "Trading oil is not as intriguing to me as it once was," he wrote in the letter posted on Friday. "It's no secret the past year has not been good to me, from a health perspective or a ...

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First Published: Fri, January 12 2018. 23:40 IST