Ex-Goldman Oil Prop. Trading Chief Readies Hedge Fund

Feb 14 2012 | 2:59pm 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

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of