Touradji Appoints New President

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.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note