Friday, 27 November 2015
Last updated 1 day ago
Oct 20 2010 | 2:44am ET
Commodity hedge fund Touradji Capital Management has a new president. The $2.5 billion New York firm named Sang Lee to the post; current CEO Gil Caffray will move into the role of special adviser.
Before joining Touradji, Lee was chief operating officer at Duma Capital Partners and Claiborne Capital Management. His arrival signals the end of Caffray's brief career atop the firm; Caffray joined Touradji just last year from FrontPoint Partners.
Under the hedge fund's new structure, Lee will oversee day-to-day management of the firm while Caffray will focus on overall strategy, HedgeFund.net reports.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…