Vector Commodity Management hasn’t been in business for long. But the three-month-old hedge fund is off to a running start.
The energy fund returned about 4% since its launch, Bloomberg News reports. The firm, headed by former Goldman Sachs fuel oil trader Gilbert Saiz, has increased its assets under management to $80 million and hired a pair of traders.
George Hoger and Ben Dilkes joined the firm in June. Both previously worked at the four-year-old oil-trading joint venture of Credit Suisse and Glencore International.