Ex-Goldman Trader’s Hedge Fund Increases Assets, Staff

Sep 14 2010 | 1:22am ET

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.

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