Sunday, 28 December 2014
Last updated 6 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.