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

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...