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

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...