Friday, 26 August 2016
Last updated 4 min ago
May 13 2011 | 10:37am ET
Leading metal trader Tim Jones has joined RK Capital Management to lead the Tamarisk Fund, a metals-focused hedge fund scheduled for launch in Q3 2011.
Jones comes to RK Capital from Metallgesellschaft, a ring dealing member of the London Metal Exchange, where he held a variety of management positions both during the company’s operations as an independent firm as well as under the ownership of Enron, Sempra, RBS and JPMorgan.
Since 2006, Jones has overseen the company’s Sempra Metals Group Fund, a proprietary trading business and for the past 15 years, he’s served on the London Metal Exchange trading committee.
RK Capital Management is the London advisor to the Red Kite group of funds. Founded in 2004, Red Kite is one of the world’s leading metals-focused fund groups. Within its trading funds, it manages futures and arbitrage positions combined with a significant physical metals merchanting operation. The group also has a mine finance fund, providing capital to mining companies and generating yield and physical marketing returns.