Thursday, 27 October 2016
Last updated 4 hours ago
Jan 13 2011 | 9:54am ET
Gil Caffray of New York-based Touradji Capital Management has been named CIO of Tiger Management. Caffray will remain as special advisor to TCM.
Caffray was head trader at Tiger from 1992 until Tiger founder Julian Robertson decided to close the firm to outside investors in 2000.
"This is terrific news for Gil, Touradji Capital Management, and Tiger," Paul Touradji said. "We are delighted that TCM will continue to benefit from Gil's vast experience in his ongoing capacity as special advisor to TCM, and also gain from his new insights as CIO of Tiger."
The two firms are closely associated: Touradji, TCM founder and managing partner, was with Tiger Management from 1996 to 2000 and Tiger Management invests in TCM’s funds.
Touradji Capital Management is a commodities-focused asset management firm with approximately $2.5 billion in assets under management. The firm invests in commodities and commodity-related equities with a fundamental approach.