ADM Chief Gushes Over Namesake Frog

Feb 4 2010 | 11:01am ET

ADM Capital’s Robert Appleby has achieved a great deal in his life. But having a tiny new species of frog named for him appears to be one of the highlights.

“It’s like being a very proud father,” Appleby said at a Hong Kong reception last week to celebrate the discovery of Leptolalax applebyi—Appleby’s Asian toad—in Vietnam by a research mission he funded. Appleby told The Wall Street Journal that he hopes to meet his namesake this summer, travelling with expedition leader Jodi Rowley to the central Vietnamese jungle in the hopes of catching a glimpse of the small frog.

Should he be so lucky—Rowley, an amphibian biologist at Sydney’s Australian Museum—estimates that there may only be several thousand Appleby toads, living only within a roughly six mile radius of where she discovered them—he’ll see a two-centimeter long creature with smooth brown skin peppered with strange colorations and white pectoral glands that look something like nipples. He’ll also hear its distinctive croak, which reportedly sounds like a cricket’s chirp.

Appleby, who calls himself a “moth nerd” and who spent three years as a science research assistant, called the trip “energizing.”

“If I got fired—if I fired myself—this is absolutely what I’d do,” he told the Journal.

“Some hedge fund managers buy Ferraris,” Lisa Genasci, director of the ADM Capital Foundation that funded Rowley’s research, said. “Robert has different passions."


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.