Ex-Goldman Oil Prop. Trading Chief Readies Hedge Fund

Feb 14 2012 | 1:59pm ET

Another veteran of Goldman Sachs' proprietary trading operation is set to launch a hedge fund.

Taimur Hassan has founded Frere Hall Capital Management in London. The firm will launch an energy-focused commodities hedge fund in July or August, Financial News reports.

Hassan joined Goldman in 2008 to launch an oil proprietary trading desk. Two years later, at the tender age of 28, he was named a managing director and head of oil trading for Europe, the Middle East and Asia. He left Goldman, which is shuttering its prop. trading operations to comply with new U.S. regulations, in December.

Frere Hall, named for a building in Hassan's hometown of Karachi, Pakistan, will take a fundamental relative-value approach to oil trading. To facilitate the strategy, Hassan is looking to hire researchers.

Hassan is not a stranger to the hedge fund world. His first job in finance—straight out of college, at Yale University—was at Citadel Investment Group's London office, where he worked as an energy trader.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note