TIGARD, Ore. – Tigard police arrested nine men Thursday in an anti-prostitution sting. Among the men were a prominent Portland hedge fund manager and a known Portland animal law attorney.
James Bisenius, 62 (pictured), the founder and CEO of Common Sense Investment Management was one of the men arrested after several Tigard detectives converged on a Tigard area hotel throughout the afternoon and early evening of August 29.
Common Sense Investment Management manages more than $3.2 billion, according to CNBC, and was the 46th largest fund globally as of December, according to InvestHedge.
“Going forward, the firm’s partners have decided that Jim will remain in his role as Chief Executive Officer and Chief Investment Officer and he will deal with this recent event as the personal matter that it is,” Dean Derrah, Common Sense Investment Management’s president said in the statement to KGW.
Geordie Duckler, 54, was also one of the nine arrested by police and booked in the Washington County Jail.
The other men arrested last week were 37-year-old Armando Delcid, 40-year-old Michael Frost, 31-year-old Lakshmiraghu Gandham, 18-year-old Evan Gonroff, 32-year-old Hector Lopez, 25-year-old Jose Rivera, and 43-year-old Steven Steinberg.