Apollo Metals Hedge Fund Manager Out

Apr 29 2010 | 1:53pm ET

Alternative investments giant Apollo Management is losing the manager of its metals hedge fund.

Mark Thompson will leave the New York-based firm in June, Bloomberg News reports. He has managed the firm’s Metals Trading Fund since its inception last March.

Thompson joined Apollo from Galena Asset Management two years ago. He had been chief investment officer at the London-based hedge fund.

The Apollo metals fund was seeded with $40 million and trades industrial metals, precious metals and mining stocks.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.